Investment Opportunity

ID: 80729

Status: New Listing

Price: $20,000

Acres: 0.28

Type: Residential Property

Address: 536 Front St & 223 E 6th

City, State: Cherryvale, Kansas

County: Montgomery

Zip Code: 67335

Lat/Long: 37.265212, -95.54997

Presented By: Jeremy Harris

Phone: (918) 214-2955

Email: Click to Contact

Description

If you’re searching for a promising investment opportunity at an affordable price point, this property package in Cherryvale, Kansas, should be at the top of your list. Offering two separate homes, this is a rare chance to acquire income-producing real estate and a value-add project in one transaction. Whether you’re an experienced investor expanding your portfolio or someone ready to get started in the rental or flip market, this bundle provides flexibility, potential, and return on investment.

The first property is a 3-bedroom, 1-bath home situated on a spacious lot. It offers ample outdoor space, making it an attractive option for tenants or future buyers. The interior is structurally sound and presents a great opportunity for light renovation or cosmetic updates to quickly increase its rental value or resale price. With a functional layout and solid foundation, this home is perfect for generating immediate cash flow with minimal upfront investment.

The second property has been completely gutted, making it a blank canvas for your vision. Investors will appreciate that much of the hard demolition work has already been completed, saving both time and cost. This home features new metal siding and an updated air conditioning unit, offering a strong head start for renovation. Whether you’re planning a long-term rental, flip, or custom build, the flexibility of this space allows you to design and complete it your way.

Combining a rent-ready home with a renovation-ready property, this listing provides both short-term income and long-term value. Located in a quiet town with steady rental demand and a low cost of ownership, Cherryvale offers a practical and profitable market for investors. Opportunities like this—two homes for one price—are rare and worth serious consideration if you’re looking to build or grow your investment portfolio.

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