Investor Alert! Turnkey Townhome with Strong Rental Income in a Prime Lawrence Location. Here's an opportunity to acquire a quality investment property that checks all the boxes: location, condition, and reliable cash flow. 3410 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 $2250 a month through August 16th, 2026. Whether you're 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 Lawrence's 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 in half.
Active
$299,900
Condo/ Townhome/ Apartment
3 bds
3 ba
1,465 Sqft
0.07 Acre
2624982
Built in 1991
Other
2338 ()
Disclaimer: The information contained in this listing has not been verified by McGrew Real Estate Inc and should be verified by the buyer.
Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.