1505 Park Ln Augusta, KS 67010

ONSITE REAL ESTATE AUCTION ON JULY 30, 2015 @ 7:00 PM. Augusta Duplex with 1-Bedroom and 1-Bath on each side with both units rented at $425.00 per side. 1505 has a lease ended in Jan. 2016 and has a $250 deposit. 1505 1/2 has a lease ended in April 2016 and a security deposit of $300.00. This property provides strong cash flow! Each unit has it's own driveway, separate meters, CH/CA (shared compressor) and ceiling fans. The units share a utility room. There have been some updates to include new sewer line 5 yrs ago, tile in the bathrooms 7-8 yrs old, garbage disposals 5 yrs ago and ceiling insulation in 2005 all per Seller. Unit 1505 has a new ceiling fan and refrigerator. There is a shed in the backyard. The Landlord mows the yard and the Tenants pay all utilities. Each tenant currently pays $425/Mo. rent with a total income of $10,200/Yr. Seller has owned the property for approx. 10 years and this property has been a great investment property but they have chosen to downsize. *Verify schools. This Property is offered in its present condition and is accepted by the buyer(s) without any expressed or implied warranties or representations from the seller(s) or his(her) agent(s). It is incumbent upon the buyer(s) to exercise his(her) own due diligence, investigation, and use suitability, prior to bidding on this property. It is the responsibility of the prospective purchaser(s) to have any and all inspections completed prior to the auction day including, but not limited to, roof, structure, termite, environmental, survey, encroachments, groundwater, flood designation, zoning designation, school zone designation, existence of any code violations, drainage, presence of lead-based paint and/or lead-based paint hazards, presence of radon, presence of asbestos, presence of mold, electrical, appliances, heating, air conditioning, mechanical, plumbing (to include water well, septic, or lagoon compliance) and any other desired inspections, if any. Information given is from sources deemed reliable but NOT guaranteed by the seller(s) or the Realtor(s) /Auctioneer(s). Announcements made the day of the auction shall take precedence over anything previously stated or printed. There will be a 10% Buyers Premium (minimum $1,000) added to the high bid price to arrive at the final contract price. This property will be open for previewing one hour prior to the real estate auction or by scheduled appointment. The earnest money amount due at the auction from the high bidder is $3,500.