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Key Details
Sold Price $159,500
Property Type Multi-Family
Sub Type Four to Sixplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,100 sqft
Price per Sqft $75
Subdivision Whitlocks Replat
MLS Listing ID SCK622253
Sold Date 04/24/23
Style Side by Side
Total Fin. Sqft 2100
Originating Board sckansas
Year Built 1955
Annual Tax Amount $1,311
Tax Year 2022
Lot Dimensions 6737
Property Description
THIS PROPERTY IS BEING OFFERED IN A MULTI-PROPERTY AUCTION VIA LIVE STREAM WITH REAL TIME BIDDING, AUCTION BEGINS AT 5:30 PM ON MARCH 23RD, 2023. ONLINE BIDDING IS AVAILABLE THROUGH SELLER AGENT’S WEBSITE. PROPERTY IS SELLING WITH CLEAR TITLE AT CLOSING AND NO BACK TAXES. PROPERTY PREVIEWS AVAILABLE. Don't miss out on this great investment opportunity located in southwest Wichita! This fully-rented quadplex is the perfect addition to your investment portfolio. The exterior is all brick, there is off-street parking in the alleyway, and it is bringing in $22,200 annually! Each unit offers a spacious living room, an eat-in kitchen with ample cabinetry, 1 large bedroom, and a full bathroom with a tub/shower combination. There is an unfinished basement accessible from the backyard, which offers washer/dryer hookups and storage space for all units. The units are rented from $400-500 per month until 11/1/2023! Units 3 & 4 have central air, while units 1 &2 have window units. The current rental amount for some units is not reflected in the lease. Per the seller, please see the limited-knowledge seller's disclosure in the property information packet for the current rental amount. *Buyer should verify school assignments as they are subject to change. The real estate is offered at public auction in its present, “as is where is” condition and is accepted by the buyer without any expressed or implied warranties or representations from the seller or seller’s agents. Full auction terms and conditions provided in the Property Information Packet. Total purchase price will include a 10% buyer’s premium ($1,500.00 minimum) added to the final bid. Property available to preview by appointment. Earnest money is due from the high bidder at the auction in the form of cash, check, or immediately available, certified funds in the amount $7,5000
Location
State KS
County Sedgwick
Direction S. Meridian & W. May St - East to S. Glenn, North to Home
Rooms
Basement None
Interior
Heating Central Gas, Forced Air, Individual Unit
Cooling Individual Units, Central Electric, Window Unit(s)
Flooring Carpet
Fireplace No
Appliance Dishwasher, Range/Oven, Refrigerator
Heat Source Central Gas, Forced Air, Individual Unit
Exterior
Garage Description 1 per Unit, Paved
Utilities Available Gas, Public, Sewer Available
View Y/N Yes
Roof Type Composition
Total Parking Spaces 4
Building
Unit Features [{\"UnitTypeActualRent\":400,\"UnitTypeBedsTotal\":4,\"UnitTypeType\":\"Unit 1\",\"UnitTypeKey\":\"SCK622253Group_1\"}]
Architectural Style Side by Side
Structure Type Brick Full
Schools
Elementary Schools Stanley
Middle Schools Hamilton
High Schools West
School District Wichita School District (Usd 259)
Others
Security Features Fenced
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