1238 S Waco St, Wichita, KS 67213

THIS PROPERTY IS BEING OFFERED IN A MULTI-PROPERTY AUCTION VIA LIVE STREAM WITH REAL TIME BIDDING, AUCTION BEGINS AT 5:30 PM ON MAY 15TH, 2025. ONLINE BIDDING IS AVAILABLE THROUGH SELLER AGENT’S WEBSITE PROPERTY IS SELLING WITH CLEAR TITLE AT CLOSING AND NO BACK TAXES. PROPERTY PREVIEWS AVAILABLE. Wonderful investment opportunity in Northwest Wichita! This converted home provides three fully rented units. The property's exterior features a spacious covered front porch, separate entrances, and off-street parking.  Unit 1- Lower level side entrance. 1-BR, 1-BA unit with a refrigerator and oven. Rented for $500, month to month. Seller pays for the electricity in unit 1, which is all electric. Unit 2-Lower level front entrance. 1-BR, 1-BA unit with an oven and dishwasher. Rented for $625, month to month, with a $450 security deposit. Tenant pays for electricity and gas in unit 2. Unit 3-Upper level side entrance. 2-BR, 1-BA unit with a refrigerator and oven. Rented for $600, month to month. Tenant pays for electricity and gas in unit 3. Seller pays for water and trash for the entire building.  Units 1 and 3 are rented by the same person. There is no written lease or deposit information available for the properties. No damage deposit will transfer to buyer at closing. Per seller, County Records for the finished living area do not reflect the correct total. Basement is not finished.  *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 ($2,500.00 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 $7,500.