3615-3617 Brush Creek Drive, Lawrence, KS 66047
- $379,900
- List Price
- $379,900
- MLS#
- 2625006
- Status
- ACTIVE
- Type
- Multifamily
- Lot Size
- 15,681
- Acres
- 0.36
- Subdivision
- Other
Property Description
Investor Alert! Turnkey duplex with Strong Rental Income in a Prime Lawrence Location. Here's an opportunity to acquire a quality investment property that checks all the boxes: location, condition, and reliable cash flow. This is a well-maintained duplex located in central Lawrence, offering a prime location conveniently situated between the University of Kansas and Downtown. This location continues to attract strong tenant demand from a variety of renter profiles. The current owner has built a reputation for thoughtfully renovating properties to a higher standard than the typical rental unit. Through strategic updates and improvements, this duplex has been positioned to attract quality tenants while achieving above-average rental rates. The property features two units with 2 bedroom , 2bathrooms, and a loft area. With new leases scheduled to commence at the end of July, the property will generate $3,050.00 per month in gross rental income through July 28, 2027, providing investors with immediate and predictable cash flow. Whether you're looking to expand an existing portfolio or acquire a turnkey investment in one of Kansas' most stable rental markets, this property deserves serious consideration. This property is professionally managed by Foxtail Real Estate Co., one of Lawrence's leading property management firms. For investors seeking a truly turnkey acquisition, Foxtail is prepared to continue management services after closing, providing a seamless transition of ownership and day-to-day operations. Buyers will benefit from established systems, tenant relations, and local market expertise from day one. Alternatively, the new owner retains the flexibility to self-manage or select the property management company of their choice. Rent rolls and financial information are available upon request.
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Additional Information
- Year Built
- 1978
- School District
- Lawrence
- Elementary School
- Sunflower
- Middle School
- Southwest
- High School
- Lawrence
- Garage
- Yes
- Roof
- Composition
- Central Air
- Electric
- Sewer
- Public Sewer
- Construction
- Frame
- Water
- Public
- Cooling
- Electric
- Heating
- Forced Air
- Taxes
- $2,968
- Zoning
- PD
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Listing courtesy of Nicholas Lerner of McGrew Real Estate Inc.
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