THIS PROPERTY IS SELLING AT A MULTI-PROPERTY AUCTION CONDUCTED OFF-SITE AT THE HOLIDAY INN (549 S. ROCK RD) ON DECEMBER 12TH AT 5:30 P.M. DOORS OPEN AT 4:30 P.M. FOR REGISTRATION OR PRE-REGISTER ONLINE. ONLINE BIDDING IS AVAILABLE THROUGH SELLER AGENT’S WEBSITE. This property is selling with clear title at closing and no back taxes. Property previews available. This property is being offered High Bidder's Choice with the following properties: 1802 N Market St and 1809 N Market St. Wonderful opportunity to purchase a quadplex w/ (4) 1-BR, 1-BA units! Exterior features of this traditional quadplex include separate entryways to each unit, several covered front porches, storm doors, separate utility meters, and security lights. Interior features of the units include bright and open rooms, a range/oven combination on three units, refrigerators on all units, and an eating space in the kitchens. Unit #1808-1 This one-bedroom unit currently rents for $350 per month with a $280 deposit, a yearly income of $4,200! This tenant is currently on a month-to-month term. Unit #1808-2 This one-bedroom unit is currently vacant, which offers potential for additional monthly income. Unit #1808-3 This one-bedroom unit currently rents for $350 per month with a $300 deposit, a yearly income of $4,200! This tenant is currently on a month-to-month term. Unit #1808-4 This one-bedroom unit is currently vacant, which offers potential for additional monthly income. This property is close to everything downtown Wichita has to offer and produces a total yearly income of $8,400 and potentially more when the second and fourth units are occupied. Don't miss out on this fantastic opportunity! *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. It is incumbent upon buyer to exercise buyer’s own due diligence, investigation, and evaluation of suitability of use for the real estate prior to bidding. It is buyer’s responsibility to have any and all desired inspections completed prior to bidding including, but not limited to, the following: roof; structure; termite; environmental; survey; encroachments; groundwater; flood designation; presence of lead-based paint or lead based paint hazards; presence of radon; presence of asbestos; presence of mold; electrical; appliances; heating; air conditioning; mechanical; plumbing (including water well, septic, or lagoon compliance); sex offender registry information; flight patterns, or any other desired inspection. Any information provided or to be provided by seller or seller’s agents was obtained from a variety of sources and neither seller nor seller’s agents have made any independent investigation or verification of such information and make no representation as to the accuracy or completeness of such information. Auction announcements take precedence over anything previously stated or printed. Total purchase price will include a 10% buyer’s premium ($1,500.00 minimum) added to the final bid. 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 $5,000.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
