707 N Broadway Ave Wichita, KS 67214

THIS PROPERTY IS BEING OFFERED IN A MULTI-PROPERTY AUCTION VIA LIVE STREAM WITH REAL TIME BIDDING, AUCTION BEGINS AT 5:30 PM ON FEBRUARY 10TH. ONLINE BIDDING IS AVAILABLE THROUGH SELLER AGENT’S WEBSITE. PROPERTY IS SELLING WITH CLEAR TITLE AT CLOSING AND NO BACK TAXES. PROPERTY PREVIEWS AVAILABLE. NO MINIMUM, NO RESERVE!!! Six 2-bedroom, 1-bathroom units just north of Downtown. This Garden Complex has front and back entrances for each unit and a paved parking area. Each unit features a sizable living room, hardwood floors, a decorative fireplace, and many windows! Two bedrooms and one full bathroom with a tub/shower combo and washer & dryer hookups finish out each apartment. CH/CA Separate gas and electric meters Single water meter Landlord pays trash & water Tenant pays electric & gas With 50% occupancy, current monthly income is $1200, annual income is $14400. 100% occupancy potential monthly/annual income is $2400/$28800. Units #1, 2, & 6 - Currently vacant. Unit #3 - Currently rented for $400 per month with a $200 deposit Unit #4 - Currently rented for $400 per month with a $300 deposit Unit #5 - Currently rented for $400 per month with a $200 deposit *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 $5,000.