1251 N Broadway Ave Wichita, KS 67214

THIS 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 converted Victorian home has (2) 2-Bedroom units and 1 Studio. This property is being offered separate and together with 1245 N. Broadway Ave. The property is fully occupied with a total monthly income of $1,590 and an annual income of $19,080. The property features exterior fencing and one parking spot per unit. There are two security lights, installed by Westar Energy. Hardwood floors and ceiling fans can be found on the main and upper levels. According to the seller, this property is well maintained and all units are serviced in the spring, in the fall, and as needed. The seller also states that this property has new HVAC systems in most units and some stoves and refrigerators have been replaced. Unit 101: Currently rented for $440 a month with a $200 security deposit, this is a basement studio unit. It includes one bathroom, a kitchenette with daylight windows for natural light, and an oven/stove. Unit 201: Currently rented for $575 a month with a $200 security deposit, this is a two-bedroom unit located on the upper level. This unit includes a refrigerator, an oven/stove, and a microwave. Unit 301: Currently rented for $575 a month with a $200 security deposit, this is a two-bedroom unit located on the main level. This unit includes a refrigerator, an oven/stove, and separate laundry room. Per the seller, this unit has new paint throughout (May 2018). All units in this property offer central heat and central air and each unit has a separate HVAC system.. The owner pays all utilities including water/sewer, trash, gas, electric, and lawn maintenance. Don't miss out on this great investment opportunity! Per seller, County Records for finished living area do not reflect entire finished living space. Basement finished living area provided is measured an approximate. *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 $3,500.