For Sale
$389,900

5224 Cypress St Bel Aire, KS 67226

Two-unit apartment building, new construction.

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional 2-unit apartment building, completed in 2024, presents a lucrative investment opportunity in Wichita, Kansas. Located at 5224-5226 N Cypress St, in the desirable Circle School district, this property boasts a prime location near Webb Rd and Highway 254, offering convenient access to both residential and commercial areas of Northeast Wichita. The building comprises two identical units, each generously sized at 1,355 square feet. Each unit features four bedrooms and two bathrooms, providing ample living space for tenants. A two-car garage is included with each unit, adding significant value and convenience. The total square footage of the building is 2,710 square feet, with an asking price of $389,900, resulting in a price per square foot of $144. The property also includes eight parking spaces. This is a new neighborhood with plans for a future public park, promising continued growth and desirability in the area. The property's modern construction and desirable features make it an ideal investment for discerning buyers seeking strong rental income and long-term appreciation potential in a rapidly developing part of Wichita.

Highlights

  • $389,900 asking price for this multifamily property.
  • 2-unit apartment building.
  • 2,710 square feet total.
  • $144 per square foot.
  • Built in 2024.
  • 8 parking spaces.

Property Details for 5224 Cypress St

Property type
Apartment buildings
Square Feet
2,710 SF
Year Built
2024
Units
2

Location Insight

City
Bel Aire
County
Sedgwick
State
Kansas
Latitude
37.7765588
Longitude
-97.2338175
5224 Cypress St, Bel Aire, Kansas

FAQs

What type of property is this?
Apartment building - Two-unit apartment building, new construction.
Where is the apartment building located?
The property is located at 5224 Cypress St Bel Aire, KS.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: $389,900 asking price for this multifamily property.; 2-unit apartment building.; 2,710 square feet total.
How can I contact the broker?
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5224 Cypress St
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