$181,500
-
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3,264 SqFt
SOLD DATE : 05/02/2022
Key Details
Sold Price $181,500
Property Type Multi-Family
Sub Type Four to Sixplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,264 sqft
Price per Sqft $55
Subdivision Rainbow 1St Addition
MLS Listing ID SCK607985
Sold Date 05/02/22
Style Other
Total Fin. Sqft 3264
Originating Board sckansas
Year Built 1981
Annual Tax Amount $2,053
Tax Year 2021
Lot Dimensions 7471
Property Sub-Type Four to Sixplex
Property Description
THIS PROPERTY IS BEING OFFERED IN A MULTI-PROPERTY AUCTION VIA LIVE STREAM WITH REAL TIME BIDDING, AUCTION BEGINS AT 5:30 PM ON MARCH 31ST. ONLINE BIDDING IS AVAILABLE THROUGH SELLER AGENT'S WEBSITE. PROPERTY IS SELLING WITH CLEAR TITLE AT CLOSING AND NO BACK TAXES. PROPERTY PREVIEWS AVAILABLE. Great investment opportunity located in southeast Wichita! This quadplex is being sold High Bidder's Choice with adjacent quadplexes at 1521 & 1525 E. El Monte St. Three of the 4 units are tenant-occupied and they rent from $495-595 per month with a total monthly income of $1,615. All tenants are month-to-month except unit B. Each unit features a living room/dining room combination with a sliding door that leads to a private patio. The galley-style kitchens offer laminate countertops, wood cabinetry, and the dishwasher, oven/range, and refrigerator are included. They each have 2-bedrooms, a full bathroom with a tub/shower combination, and washer/dryer hookups. These units are all-electric and have separate meters. The tenant is responsible for the electric and water/sewer bill. This property is located in the "Gilbert-Mosley Groundwater Site". *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. Full auction terms and conditions provided in the Property Information Packet. Total purchase price will include a 10% buyer's premium ($1,500.00 minimum) added to the final bid. Property available to preview by appointment. 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 $10,000
Location
State KS
County Sedgwick
Direction S. Hydraulic & I-135 - North to El Monte, West to Units.
Rooms
Basement None
Interior
Heating Central Electric
Cooling Central Electric
Flooring Carpet, Other - See Remarks
Fireplace No
Appliance Dishwasher, Range/Oven, Refrigerator
Heat Source Central Electric
Exterior
Garage Description 1 1/2 per Unit
Utilities Available Public, Sewer Available
View Y/N Yes
Roof Type Composition
Total Parking Spaces 6
Building
Unit Features [{\"UnitTypeActualRent\":495,\"UnitTypeBedsTotal\":4,\"UnitTypeType\":\"Unit 2\",\"UnitTypeKey\":\"SCK607985Group_2\"}]
Architectural Style Other
Structure Type Other - See Remarks
Schools
Elementary Schools Anderson
Middle Schools Mead
High Schools South
School District Wichita School District (Usd 259)
Others
Security Features Fenced
Financing None
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