1601 E Walnut Grove Rd Derby, KS 67037

THIS PROPERTY IS SELLING AT A MULTI-PROPERTY AUCTION CONDUCTED OFF-SITE AT THE HOLIDAY INN (549 S. ROCK RD) ON DECEMBER 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. Rare investment opportunity in Derby! Fully rented quad-plex with over $31,000 gross annual income. Ideally located near Rock and Madison with easy access to schools, Derby Library and shopping and dining - including the expanding Derby Marketplace. Each unit features a large living and dining room combo with wood-burning fireplace. Off the dining area is a sliding glass door leading to a back balcony/porch. The galley-style kitchens feature oak cabinetry, butcher-block style counter tops and are all fully equipped with a disposal, range/oven, dishwasher and refrigerator. Each unit features two large bedrooms and W/D hook-ups. 1601 Walnut Grove Dr - 2-Bedroom, 1.5-Bath main level unit currently rented at $750/mo with lease through June 2018. Security deposit of $750 and non-refundable pet-deposit of $250. Unit additionally features a partially finished basement with spacious family room, unfinished laundry room and storage space. Tenant pays gas for hot water tank. 1603 Walnut Grove Dr - 2-Bedroom, 1-Bath unit on second story currently rented at $550/mo with lease through April 2018. Security deposit of $550. 1605 Walnut Grove Dr - 2-Bedroom, 1.5-Bath main level unit currently rented at $750/mo with a lease through August 2018. Security deposit of $750. Unit additionally features a partially finished basement with spacious family room, unfinished laundry room and storage space. 1607 Walnut Grove Dr - 2-Bedroom, 1-Bath unit on second story currently rented at $550/mo with lease through August 2018. Security deposit of $550. Property features separate electric meters and one main water meter. Owner pays all water, trash and lawn care services. Owner also pays electric for outdoor security lights. All washer and dryers belong to tenants. Additional pictures coming soon. *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.