Last list price
1245 N Broadway Ave Wichita, KS 67214
Midtown Neighborhood
3
Beds
--
Bath
2,854
Sq Ft
7,136
Sq Ft Lot
About This Home
As of July 2018THIS PROPERTY IS SELLING AT A MULTI-PROPERTY AUCTION CONDUCTED OFF-SITE AT THE HOLIDAY INN (549 S. ROCK RD) ON JUNE 14TH 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. Incredible investment opportunity!!! This property includes a converted Victorian home with 6-units and a duplex - both meticulously built and maintained. This property is offered separate and together with 1251 N. Broadway Ave. Currently, 2 units are vacant and 6 units are rented for a total monthly income of $2,764. The current annual income is $33,168, however, at full capacity, this property has a potential annual income of $43,728! The exterior features fencing and paved parking. The interior of the converted home features a fire sprinkler system. Hardwood floors are featured throughout the interior of both buildings. According to the seller, all units are serviced in the spring, the fall, and as needed. The seller also states that many updates have been made to the property including new HVAC systems in most units, some stoves and refrigerators replaced, and fresh paint in many of the units between January and March of 2018. Converted Victorian home: Unit 101: One-bedroom unit currently rented for $550 a month. Owner pays all utilities. Unit 201: Efficiency unit currently rented for $575 a month. Owner pays all utilities. Unit 203: Efficiency unit currently rented for $440 a month. Owner pays all utilities. Unit 301: Vacant efficiency unit previously rented for $440 a month. Owner pays all utilities. Unit 303: Efficiency unit currently rented for $399 a month. Owner pays all utilities. Unit 305: Vacant efficiency unit previously rented for $440 a month. Owner pays all utilities. Duplex: Unit 7: One-bedroom unit currently rented for $330 a month. The tenant in unit 7 pays water and electricity for both sides of the duplex. Unit 8: One-bedroom unit currently rented for $470 a month. Don't miss out on this great investment opportunity! This property is listed on the Kansas and National Registers of Historic Places. | Per seller, County Records for finished living area do not reflect entire finished living space. Basement finished living area provided is measured and approximate. Please see Property Information Packet for Terms and Conditions.
Last Agent to Sell the Property
McCurdy Real Estate & Auction, LLC License #00032084 Listed on: 05/09/2018
Last Buyer's Agent
McCurdy Real Estate & Auction, LLC License #00032084 Listed on: 05/09/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- 7,136 Sq Ft Lot
Home Design
- Converted Dwelling
- Frame Construction
- Composition Roof
Interior Spaces
- 2,854 Sq Ft Home
- 2-Story Property
- Finished Basement
- Apartment Living Space in Basement
- Oven or Range
Parking
- Paved Parking
- On-Street Parking
Schools
- Park Hill Elementary School
- Marshall Middle School
- North High School
Utilities
- Central Air
- Window Unit Cooling System
- Floor Furnace
- Wall Furnace
Listing and Financial Details
- Tenant pays for electric, trash, water/sewer
- The owner pays for electric, gas, lawn maintenance, trash, water/sewer
- Assessor Parcel Number 20173-124-17-0-11-09-014.00
Community Details
Overview
- 8 Units
- Hyde & Ferrells Subdivision
Building Details
- Gross Income $33,168
Similar Homes in Wichita, KS
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/26/2018 07/26/18 | Sold | -- | -- | -- |
| 06/14/2018 06/14/18 | Pending | -- | -- | -- |
| 05/09/2018 05/09/18 | For Sale | $86,625 | -27.8% | $30 / Sq Ft |
| 10/05/2015 10/05/15 | Sold | -- | -- | -- |
| 09/03/2015 09/03/15 | Pending | -- | -- | -- |
| 06/10/2015 06/10/15 | For Sale | $120,000 | -- | $58 / Sq Ft |
Source: South Central Kansas MLS
Tax History Compared to Growth
Agents Affiliated with this Home
-
Rick Brock
Seller's Agent in 2018
Rick Brock
McCurdy Real Estate & Auction, LLC
(316) 683-0612
9 in this area
504 Total Sales
-
Alex Carbajal
Buyer's Agent in 2015
Alex Carbajal
RE/MAX Associates
(316) 288-9142
101 Total Sales
Map
Source: South Central Kansas MLS
MLS Number: 551732
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. © 1993-2025 South Central Kansas Multiple Listing Service, Inc. All rights reserved.
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