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Price $299,900
Status Active
Beds 3
Baths 3 Baths
Home size 1,465 sqft
Lot Size 3,050 sqft
Days on Market 2
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. 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 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 inhalf.
Property Type(s): Condo/Townhouse/Co-Op
Last Updated 6/8/2026 Tract Other
Year Built 1991 Community 450 - Douglas County, KS
Garage Spaces 2.0 County Douglas

SCHOOLS

Elementary School Quail Run
Jr. High School Southwest
High School Lawrence

Additional Details

AIR Electric
AIR CONDITIONING Yes
AREA 450 - Douglas County, KS
CONSTRUCTION Frame
FIREPLACE Yes
GARAGE Yes
HEAT Forced Air
LOT 3049 sq ft
PARKING Attached
SEWER Public Sewer
STORIES 1.5
SUBDIVISION Other
TAXES 2338
WATER Public

Location

 

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Listed with McGrew Real Estate Inc
The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. The properties displayed on this website may not be all of the properties in the Heartland MLS database compilation, or all of the properties listed with other brokers participating in the Heartland MLS IDX program. Detailed information about the properties displayed on this website includes the name of the listing company. Information last updated on 6/9/26 7:18 PM PDT.

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