Residential Property for Sale 1701 & 1703 N Grove

  • Address:

    1701 North Grove Street, Wichita, KS, USAView on Map
  • Price:


  • Details:

    4 bed • 2 bath • 1,133 Sq. Ft.

About The Property

  • Property Description
    Modern Duplex Living Near Wichita State University and Downtown Delights! PROPERTY QUALIFIES FOR 1.75% LENDER CREDIT FOR CLOSING/LOAN COSTS OR RATE REDUCTION UNDER COMMUNITY REINVESTMENT ACT – SEE ATTACHED FOR DETAILS. Welcome to contemporary duplex living at its finest! Each side of this newly constructed duplex, completed in 2023, features 4 bedrooms, 2 bathrooms, and a spacious 1133 square feet of meticulously designed space. Nestled in the heart of Wichita, this property offers the perfect blend of style, functionality, and long-lasting quality with no special taxes or HOA fees. Shrub install, grading and seeding starting this Spring! Key Features: New Construction: Step into the future with this newly constructed duplex, boasting the latest in design and construction trends. Every detail has been carefully considered to provide a modern and comfortable living experience. 50-Year Roof: Enjoy peace of mind with a property featuring a durable 50-year roof, ensuring both longevity and protection for years to come. Concrete Floors Throughout: Experience the sleek and modern aesthetic of concrete floors, offering durability and easy maintenance while adding an industrial-chic touch to the entire living space. Open Floor Plan: Embrace the seamless flow of the open floor plan, creating a spacious and inviting atmosphere that is perfect for both entertaining and everyday living. Kitchen: Adorned with exquisite granite countertops, kitchen appliances (refrigerator will be available in each unit 05/31). Ample counter space and a large pantry provide both practicality and style. Generous Storage: Tucked away in the kitchen, you’ll find a large pantry and cabinet storage, ensuring that every item has its place and maintaining the clean lines of the modern aesthetic. Parking Convenience: A vast, paved parking area welcomes you home, providing convenience and space for multiple vehicles, ensuring your guests always have a place to park. Corner lot provides street parking. Investment Opportunity: With potential rents estimated at $1200/month per side, this property presents a lucrative investment opportunity. Proforma CAP rate is calculated at 7.63% Proximity to Wichita State University and Downtown: Enjoy the convenience of living less than 10 minutes from downtown Wichita, offering a myriad of dining, entertainment, and cultural experiences. Plus, the close proximity to Wichita State University enhances both the educational and recreational opportunities for residents. Location Advantages: This residence offers easy access to I-135, enhancing both convenience and commute time. Your Brand-New Duplex Awaits: Don’t miss the chance to own this modern duplex home. Schedule a private tour today to experience the contemporary elegance, quality construction, and potential this property has to offer.
  • At a Glance

    Status: Active

    MLS ID: 633332

    Type: Twin/Duplex

    Year Built: 2023

    County: Sedgwick

    School District: Wichita School District (USD 259)

    Elementary: L’Ouverture

    Middle School: Wilbur

    High School: Northwest

  • Property Details

    Above Grade Sq. Ft.: 1133

    HOA: No

    Ownership: Individual

    Property Taxes: 262.72

    Tax Specials Yearly: 16.76

    Tax Year: 2023

    Utilities: Sewer, Public Water

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Daniel Sanchez

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