5224 Cypress St Bel Aire, KS 67226
- Apartment buildings
- 2,710 SF
Current Use by Public Records
- Apartment buildings
Property Details for 5224 Cypress St
- Year built
- 2024
- Property size
- 2,710 SF
- Property type
- Apartment buildings
Description
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.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bel Aire
- County
- Sedgwick
- State
- Kansas
- Longitude
- -97.2338
- Latitude
- 37.7766
