1514 E Fortuna St, Wichita, KS 67216

THIS PROPERTY IS BEING OFFERED IN A MULTI-PROPERTY AUCTION VIA LIVE STREAM WITH REAL TIME BIDDING, AUCTION BEGINS AT 5:30 PM ON NOVEMBER 2ND, 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. Fully rented quadplex with (4) 2-bedroom, 1-bathroom units in South Wichita, with easy access to HWY 135! Each unit is rented for $675 a month with a $675 security deposit. That is an annual income of $8,100! The tenants pay for electric, gas, and water. The landlord pays for lawn maintenance and trash. Unit #1 has a lease until 2/28/2024, unit #2 until 8/31/2024, unit #3 until 1/06/2024, and unit #4 until 1/31/2024. The exterior of the building features off-street paved parking and covered entries.  There are two units on the upper level and two on the lower level. Each unit has a living/dining combination that opens up to the kitchen with a refrigerator, oven, washer, and dryer. Two spacious bedrooms and a full bathroom with a tub/shower combination complete the units.  This property is located in the "Gilbert-Mosley Groundwater Site". *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 $15,000.