NOT LISTED FOR SALE
12 Beds
-- Bath
7,434 Sq Ft
9,112 Sq Ft Lot

Last Sold November 17, 2017

69 Days on Market

About This Home

As of November 2017

THIS PROPERTY IS SELLING AT A MULTI-PROPERTY AUCTION CONDUCTED OFF-SITE AT THE HOLIDAY INN (549 S. ROCK RD) ON OCTOBER 19TH 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. NO MINIMUM/NO RESERVE!!! This property is selling with clear title at closing and no back taxes. Property previews available. Don't miss this unique investment opportunity to purchase an 11 unit apartment complex. Currently five units are rented with a monthly income of $1,775 and potential for additional income if the remaining units are rented. This apartment complex is two buildings that have been joined and include (10) 1-Bedroom, 1-Bath units and (1) 2-Bedroom, 1-Bath unit. The range/oven and refrigerator will stay with all units. *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.

Last Agent to Sell the Property

Braden McCurdy

McCurdy Real Estate & Auction, LLC License #00052737 Listed on: 08/11/2017

Last Buyer's Agent

Jessica Guerrero

Lange Real Estate License #SP00237030

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1900

Lot Details

  • 9,112 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Frame Construction
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 7,434 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Schools

  • Park Elementary School
  • Marshall Middle School
  • North High School

Utilities

  • Window Unit Cooling System
  • Floor Furnace

Listing and Financial Details

  • Tenant pays for electric, gas, trash, water/sewer
  • Assessor Parcel Number 20173-125-16-0-33-04-007.00

Community Details

Overview

  • 11 Units
  • Jp Hiltons Subdivision

Building Details

  • Gross Income $21,300

Property Details

Home Type

Apartment

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Apartment Complex
  • Estimated Age: 81+ Years
  • Total Specials: 53.68
  • Year Built: 1900
  • Annual Specials: 53.68
  • Estimated TFLA: 7434
  • Special Features: Auction
  • Property Sub Type: MultiFamily
  • Stories: 773

Interior Features

  • Appliances: Over/Range, Refrigerator
  • Number Of Stories: Two

Exterior Features

  • Construction: All Brick, Frame
  • Roof: Composition

Garage/Parking

  • Parking: Street Parking

Utilities

  • Cooling: Window Unit
  • Flood Insurance: Unknown
  • Heating: Floor Furnace
  • Utilities: Natural Gas, Public, Sewer

Schools

  • School District: Wichita School District (USD 259)
  • Elementary School: Park
  • Middle School: Marshall
  • High School: North
  • Elementary School: Park
  • High School: North

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 9112
  • Geo ADDRESS Line: 703 N Topeka St
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Secondary City: Sedgwick
  • Geo Subdivision: KS
  • Geo Update: 11/20/2017
  • Geo Zoom Level: 16

Rental Info

  • Tenant Paid Utilities: Electric, Gas, Trash, Water/Sewer

Tax Info

  • Assessor Parcel Number: 20173-125-16-0-33-04-007.00
  • General Taxes: 1955.58
  • General Tax Year: 2016

Multi Family

  • Number Of Units: 11
  • Number Of 1 Bedroom Units: 10
  • Number Of 2 Bedroom Units: 1
  • Gross Income: 21300

MLS Schools

  • Middle School: Marshall
  • School District: Wichita School District (USD 259)

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2017 11/17/17 Sold -- -- --
10/19/2017 10/19/17 Pending -- -- --
08/11/2017 08/11/17 For Sale $121,000 -- $16 / Sq Ft
Source: South Central Kansas MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Kansas MLS

MLS Number: 541849

South Central Kansas MLS