Wichita, KS 67211-2536,626 S Pattie St
Wichita, KS 67211-2536,626 S Pattie St
Wichita, KS 67211-2536,626 S Pattie St
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Listed by Amanda Jolley • Heritage 1st Realty
$100,000
Est. payment /mo
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2 Beds
1 Bath
902 SqFt
New

626 S Pattie St Wichita, KS 67211-2536

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Key Details

Property Type Single Family Home

Sub Type Single Family Onsite Built

Listing Status Active

Purchase Type For Sale

Square Footage 902 sqft

Price per Sqft $110

Subdivision Wollmans

MLS Listing ID SCK667558

Style Traditional

Bedrooms 2

Full Baths 1

Total Fin. Sqft 902

Year Built 1920

Annual Tax Amount $820

Tax Year 2025

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 6650

Property Sub-Type Single Family Onsite Built

Source sckansas

Property Description

Unique rent-to-own (RTO) investment opportunity offering a long-term, low-maintenance setup. The property is currently occupied by a rent-to-own tenant with a purchase price of $109,240.46, creating a truly hands-off investment. The RTO tenant is responsible for all expenses, including utilities, insurance, taxes, and repairs, significantly reducing management and ownership costs. The home is secured by a 30-year note running from 3/1/2025 through 2/1/2055, with a monthly principal and interest payment of $845.80. The RTO note balance is $109,240.46, providing predictable cash flow and long-term stability. This property is ideal for investors seeking consistent income, minimal management, and tenant-paid ownership expenses. The seller will consider owner financing. This property may be purchased individually or as part of a 15-door investment portfolio, offered at a total purchase price of $1.3 million and generating approximately $13,562 per month in gross rental income. Portfolio terms and structure are negotiable, providing flexibility for investors looking to scale.

Location

State KS

County Sedgwick

Direction Kellogg to Washington right Indianapolis

Rooms

Basement Unfinished

Interior

Interior Features Ceiling Fan(s)

Heating Forced Air, Natural Gas

Cooling Central Air, Electric

Fireplace No

Heat Source Forced Air, Natural Gas

Laundry In Basement, 220 equipment

Exterior

Exterior Feature Guttering - ALL

Parking Features Detached

Garage Spaces 2.0

Utilities Available Sewer Available, Natural Gas Available, Public

View Y/N Yes

Roof Type Composition

Street Surface Paved Road

Building

Lot Description Standard

Foundation Full, Day Light

Above Ground Finished SqFt 902

Architectural Style Traditional

Level or Stories One

Structure Type Frame

Schools

Elementary Schools Kellogg

Middle Schools Mead

High Schools East

School District Wichita School District (Usd 259)


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626 S Pattie St