820 S Lorraine Ave, Wichita, KS 67211

THIS PROPERTY IS BEING OFFERED IN A MULTI-PROPERTY AUCTION VIA LIVE STREAM WITH REAL TIME BIDDING, AUCTION BEGINS AT 5:30 PM ON AUGUST 15th, 2024. ONLINE BIDDING IS AVAILABLE THROUGH SELLER AGENT’S WEBSITE. PROPERTY IS SELLING WITH CLEAR TITLE AT CLOSING AND NO BACK TAXES. PROPERTY PREVIEWS AVAILABLE. This charming 1-bedroom, 1-bathroom home sits back on the lot, with a covered front porch, an outbuilding for storage, and a fenced-in back yard.  The floor plan offers a nice living room, a spacious kitchen/dining combo, and a utility room with washer and dryer hookups. The cozy bedroom and a full bathroom with a tub/shower combo complete the home.  This home is currently rented on a month-to-month basis for $450/month and a deposit of $450, giving an annual income of $5,400. Per seller, tenant also paid last month's rent in addition to the deposit.  *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 $5,000.