Request Info For Price Details    ♡   Wichita, KS 67214 8 bed None bath 4,480 SqFt ($0/SqFt) 0.31 acre lot. Built 1930 Listed 2024-04-22 | Ⓧ USDA Ineligible due to location near Wichita |
THIS PROPERTY IS BEING OFFERED IN A MULTI-PROPERTY AUCTION VIA LIVE STREAM WITH REAL TIME BIDDING
* Sale Pending *AUCTION BEGINS AT 5:30 PM ON MAY 9th, 2024. ONLINE BIDDING IS AVAILABLE THROUGH SELLER AGENTS WEBSITE. PROPERTY IS SELLING WITH CLEAR TITLE AT CLOSING AND NO BACK TAXES. PROPERTY PREVIEWS AVAILABLE. Excellent nvestment opportunity located near downtown Wichita! Here's your chance to own an income-producing package consisting of two quadplexes. Currently, the annual income is $37, 560 with the potential for more. There is one vacant unit that is ready to be rented. Brick Siding Front porches or covered front entries 1 bedroom, 1 bathroom per unit Charming interiors with hardwood flooring, decorative fireplaces, arched doorways Updated doors and windows Contemporary roofs in 2012 Steel Piering System done in 2012 Off-street parking Unfinished basements for tenant storage 440 N. Piatt Ave. Unit #1 is rented for $550 per-month until 4/30/2025 with a $550 deposit. This unit was completely remodeled in 2021 with new front porch columns in 2023 Unit #2 is rented for $400 per-month on a month-to-month basis with a $250 deposit. Unit #3 is vacant but move-in ready!
Unit #4 is rented for $415 per-month on a month-to-month basis with a $250 deposit. 446 N. Piatt Ave. Unit #1 is rented for $475 per-month until 2/29/2025 with a $475 deposit. This unit was completely remodeled in 2022, new concrete front porch in 2022 and foundation piers (below grade) in 2023. Unit #2 is rented for $450 per-month until 9/30/20024 with a $450 deposit. Unit #3 is rented for $425 per-month on a month-to-month basis with a $425 deposit. Unit #4 is rented for $415 per-month on a month-to-month basis with a $250 deposit. Per seller, 440 N. Piatt has a new PVC sewer line installed in the crawl space/basement, up to where it enters the concrete. 446 N. Piatt has a new water heater as of April 2024. Seller is a licensed agent in the state of Kansas. 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 sellers agents. Full auction terms and conditions provided in the Property Information Packet. Total purchase price will include a 10% buyers 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 immed iately available, certified funds in the amount $15, 000
Presented by Braden McCurdy at
McCurdy Auction, LLC.
Property MLS #638114 from SouthCentralKS
Refrigerator
Basement Description: Tenant Storage
Heating Features: Central Gas, Forced Air
Lot Size Square Feet: 13687
Parking Total: 8
Calculated Total Monthly Association Fees: 0
High School: East
Middle School: Robinson
School District: Wichita School District (USD 259)
Map directions Map directions Map directionsLease Term: 6 Months to 1 Year, Month to Month
Tenant Pays: Electric
Number of 1 Bedroom Units: 8
Source Listing Status: Pending
County: Sedgwick
Directions: E. Central & Grove - West to Piatt, South to home
Tax Year: 2023
Source Property Type: Multi-Family
Area: SCKMLS
Source Neighborhood: BUTLER & FISHERS OUTLOTS
Owner Pays: Gas, Lawn Maintenance, Trash, Water/Sewer
Subdivision: BUTLER & FISHERS OUTLOTS
Property Subtype: Four to Sixplex
Source System Name: C2C
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SouthCentralKS
Listing removed 2020-12-07
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SouthCentralKS
Year Built: 1930
Building Exterior Type: All Brick
Property Age: 94
Roof: Composition
Levels or Stories: One
House Style: Side By Side
Year Built Details: 81+ Years
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Sewer
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.