Investor Alert! Turnkey Townhome with Strong Rental Income in a Prime Lawrence Location. Heres an opportunity to acquire a quality investment property that checks all the boxes: location, condition, and reliable cash flow. 3412 Augusta Drive is a well-maintained townhome located in central Lawrence, offering convenient access to the University of Kansas and shopping nearby. This location continues to attract strong tenant demand from a variety of renter profiles. The current owner has built a reputation for thoughtfully renovating properties to a higher standard than the typical rental unit. Through strategic updates and improvements, this townhome has been positioned to attract quality tenants while achieving above-average rental rates. The property features 3 bedrooms and 3bathrooms. The property is currently leased at $2100 a month through July 28th, 2027. Whether youre looking to expand an existing portfolio or acquire a turnkey investment in one of Kansas most stable rental markets, this property deserves serious consideration. This property is professionally managed by Foxtail Real Estate Co., one of Lawrences leading property management firms. For investors seeking a truly turnkey acquisition, Foxtail is prepared to continue management services after closing, providing a seamless transition of ownership and day-to-day operations. Buyers will benefit from established systems, tenant relations, and local market expertise from day one. Alternatively, the new owner retains the flexibility to self-manage or select the property management company of their choice. Rent rolls and financial information are available upon request. The property is currently in the process of being subdivided. The provided structure square footage, parcel size, and real estate taxes have been estimated based on dividing the county provided information inhalf.
Listed By
Agency Name: McGrew Real Estate Inc
Agency Phone: 785-843-2055
Shown By
Agent Name: MidStates Integrity Group
Agent Phone:
Agency Title: Trophy Properties & Auction
Estimated Payment
$ 754.92 per month $667.45 Principal & Interest $0.00 Property Tax (data not provided by mls) $87.47 Homeowner's Insurance
3412 Augusta Drive | MLS# 2624984
This townhouse located at 3412 Augusta Drive, Lawrence, KS 66047 is currently listed for sale with an asking price of $299,900. This property was built in 1991 and has 3 bedrooms and 3 full baths with 1465 sq. ft. Augusta Drive is located within the Lawrence school district. Search Lawrence real estate on midstates-integrity-group.trophypa.com today.