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644 N Bluff Ave - The Bluff Flats 8 Unité Immeuble d’habitation offert à 1 640 964 $ CAD Wichita, KS 67208



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RÉSUMÉ DE L'ANNONCE
8-Unit Multifamily Investment Opportunity | Back on Market
This well-maintained 8-unit property is back on the market after a prior buyer was unable to secure financing. The property appraised at the contract price, confirming value.
The building underwent a comprehensive renovation approximately four years ago, including:
New windows, electrical, and plumbing
New AC units
New concrete and parking lot
Fully updated kitchens and bathrooms
Refinished original oak floors
Interior and exterior paint and updated fixtures throughout
Major capital improvements continue to reduce future risk:
2024: Main sewer line replaced from building to city main
2025: New furnaces installed at 646 Bluff
Unit mix:
4 two-bedroom units
4 one-bedroom units
Currently, three units operate as short-term rentals and are outperforming long-term rent rates, with strong forward bookings already in place for the coming months. One unit is vacant and available for immediate viewing, along with common areas. Remaining units may be shown with an acceptable LOI or executed contract.
This property offers a rare combination of stabilized condition, recent major systems replacement, and upside through continued or expanded short-term rental operations.
This well-maintained 8-unit property is back on the market after a prior buyer was unable to secure financing. The property appraised at the contract price, confirming value.
The building underwent a comprehensive renovation approximately four years ago, including:
New windows, electrical, and plumbing
New AC units
New concrete and parking lot
Fully updated kitchens and bathrooms
Refinished original oak floors
Interior and exterior paint and updated fixtures throughout
Major capital improvements continue to reduce future risk:
2024: Main sewer line replaced from building to city main
2025: New furnaces installed at 646 Bluff
Unit mix:
4 two-bedroom units
4 one-bedroom units
Currently, three units operate as short-term rentals and are outperforming long-term rent rates, with strong forward bookings already in place for the coming months. One unit is vacant and available for immediate viewing, along with common areas. Remaining units may be shown with an acceptable LOI or executed contract.
This property offers a rare combination of stabilized condition, recent major systems replacement, and upside through continued or expanded short-term rental operations.
FAITS SUR LA PROPRIÉTÉ
| Prix | 1 640 964 $ CAD | Type de propriété | Immeuble residentiel |
| Prix par unité | 205 121 $ CAD | Taille du bâtiment | 6 552 pi² |
| Type de vente | Investissement | Nombre d’étages | 2 |
| Nombre d’unités | 8 | Année de construction/rénovation | 1954/2021 |
| Prix | 1 640 964 $ CAD |
| Prix par unité | 205 121 $ CAD |
| Type de vente | Investissement |
| Nombre d’unités | 8 |
| Type de propriété | Immeuble residentiel |
| Taille du bâtiment | 6 552 pi² |
| Nombre d’étages | 2 |
| Année de construction/rénovation | 1954/2021 |
UNITÉ RENSEIGNEMENTS SUR LE MÉLANGE
| DESCRIPTION | NOMBRE D’UNITÉS | LOYER MOYEN/MOIS | pi² |
|---|---|---|---|
| 1+1 | 4 | 1 436 $ CAD | - |
| 2+1 | 4 | 1 573 $ CAD | - |
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Impôts fonciers
| Numéro de lot | 126-14-0-43-04-003.00 | Évaluation des bâtiments | 48 970 $ CAD |
| Évaluation du terrain | 3 854 $ CAD | Évaluation totale | 52 824 $ CAD |
Impôts fonciers
Numéro de lot
126-14-0-43-04-003.00
Évaluation du terrain
3 854 $ CAD
Évaluation des bâtiments
48 970 $ CAD
Évaluation totale
52 824 $ CAD
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644 N Bluff Ave - The Bluff Flats
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