Wichita, KS 67217-5068,5509 S Charles St
Wichita, KS 67217-5068,5509 S Charles St
Wichita, KS 67217-5068,5509 S Charles St
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Listed by Amanda Jolley • Heritage 1st Realty
$160,000
Est. payment /mo
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4 Beds
2 Baths
1,976 SqFt
New

5509 S Charles St Wichita, KS 67217-5068

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Lacy Critchfield

Lacy Critchfield

+1(316) 641-8907

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Offsite Built

Listing Status Active

Purchase Type For Sale

Square Footage 1,976 sqft

Price per Sqft $80

Subdivision Simmons Park

MLS Listing ID SCK667559

Style Mobile/Mfd-Perm Found.

Bedrooms 4

Full Baths 2

Total Fin. Sqft 1976

Year Built 2001

Annual Tax Amount $794

Tax Year 2025

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 8703

Property Sub-Type Single Family Offsite Built

Source sckansas

Property Description

Turnkey rent-to-own (RTO) investment opportunity offering built-in long-term stability and minimal management. The property is occupied by an RTO tenant who covers all expenses, including utilities, insurance, taxes, and repairs, making this a truly hands-off investment. The home is secured with a 30-year note running from 10/1/2025 through 9/1/2055, with a monthly principal and interest payment of $1,211. The RTO note balance is $168,080.78, providing strong cash flow and dependable income over the life of the note. This property is ideal for investors seeking predictable returns, low maintenance, and tenant-paid ownership costs. 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 55th and seneca

Rooms

Basement None

Kitchen Eating Bar, Island, Pantry, Range Hood, Gas Hookup

Interior

Interior Features Ceiling Fan(s), Walk-In Closet(s), Vaulted Ceiling(s)

Heating Forced Air, Natural Gas

Cooling Central Air, Electric

Fireplace No

Heat Source Forced Air, Natural Gas

Laundry Main Floor, Separate Room, 220 equipment

Exterior

Exterior Feature Storm Shelter, Vinyl/Aluminum

Parking Features Carport

Utilities Available Sewer Available, Natural Gas Available, Public

View Y/N Yes

Roof Type Composition

Street Surface Paved Road

Building

Lot Description Standard

Foundation Crawl Space

Above Ground Finished SqFt 1976

Architectural Style Mobile/Mfd-Perm Found.

Level or Stories One

Schools

Elementary Schools Ruth Clark

Middle Schools Haysville

High Schools Campus

School District Haysville School District (Usd 261)

Lacy Critchfield

${companyName}

Phone

+1(316) 641-8907

Address

1001 E Douglas Ave, Wichita, Kansas, 67211, USA

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5509 S Charles St