NOT LISTED FOR SALE
6 Beds
-- Bath
23,700 Sq Ft
0.32 Acres

Last Sold September 13, 2013

28 Days on Market

Highlights

  • 13,954 Sq Ft lot
  • Four Sided Brick Exterior Elevation
  • Heating Available

About This Home

As of September 2013

ONSITE REAL ESTATE AUCTION ON AUGUST 21ST AT 2:00 P.M. 30 Unit apartment building with appx. 23,700 Sq. Ft. of living space. (24) Studios and (6) 1 bedrooms units. 19 of 30 units are currently rented. Above is a link to a Seller provided "Income and Expense" document that breaks down the current gross income (apprx. $5,975 per month) and current expenses. Each tenant is under lease on month-to-month terms. Building occupany is approximately 63%. Great Investment Opportunity! The Seller recently installed a new very expensive roof.Rent per unit in features is an average amount. See income and expense record for details. This property is selling 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 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, wood destroying insects, environmental, groundwater, flood designation, presence of lead-based paint and/or lead-based paint hazards, presence of mold, presence of asbestos, presence of radon, electrical, mechanical, plumbing 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 $1000) 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 $7,500.

Last Agent to Sell the Property

Braden McCurdy

McCurdy Real Estate & Auction, LLC License #00052737 Listed on: 07/24/2013

Last Buyer's Agent

Braden McCurdy

McCurdy Real Estate & Auction, LLC License #00052737 Listed on: 07/24/2013

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1930

Lot Details

  • 0.32 Acre Lot

Parking

  • On-Street Parking

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 23,700 Sq Ft Home
  • 3-Story Property

Schools

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

Utilities

  • Window Unit Cooling System
  • Heating Available

Community Details

  • 30 Units
  • Gross Income $5,975

Listing and Financial Details

  • Tenant pays for gas, lawn maintenance, trash, water/sewer
  • The owner pays for electric

Property Details

Home Type

Apartment

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Apartment Complex
  • Estimated Age: 81+ Years
  • Total Specials: 171
  • Year Built: 1930
  • Annual Specials: 171
  • Estimated TFLA: 23700
  • Special Features: Auction
  • Property Sub Type: MultiFamily
  • Stories: 774

Interior Features

  • Number Of Stories: Three Or More

Exterior Features

  • Construction: All Brick

Garage/Parking

  • Parking: Street Parking

Utilities

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

Schools

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

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 13,954
  • Geo ADDRESS Line: 916 N Broadway St
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Secondary City: Sedgwick Co.
  • Geo Subdivision: KS
  • Geo Update: 01/05/2015
  • Geo Zoom Level: 17

Rental Info

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

Multi Family

  • Number Of Units: 30
  • Number Of 1 Bedroom Units: 6
  • Number Of Efficiency Units: 24
  • Rent Per Unit 1 Bedroom: 400
  • Rent Per Unit Efficiency: 300
  • Gross Income: 5975

Tax Info

  • General Taxes: 1827.7
  • General Tax Year: 2012

MLS Schools

  • Middle School: Marshall

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
09/13/2013 09/13/13 Sold -- -- --
08/21/2013 08/21/13 Pending -- -- --
07/24/2013 07/24/13 For Sale $110,000 -- $5 / 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: 356113

South Central Kansas MLS