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Key Details
Sold Price $74,250
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 800 sqft
Price per Sqft $92
Subdivision Orme & Philips Addition
MLS Listing ID SCK652303
Style Side by Side
Year Built 1930
Annual Tax Amount $347
Tax Year 2024
Property Sub-Type Duplex
Property Description
Online only auction, bidding closing April 17th at 2:45 PM. Your opportunity to bid on this charming duplex situated on a corner lot in Wichita! This property offers excellent potential with two 1-bedroom units, each featuring 1 bathroom and currently on month-to-month leases for added flexibility. One side was remodeled in 2021, enhancing the property's value. The exterior provides convenient street parking, and the duplex offers strong cash flow potential for investors. Whether you're looking for a property with solid income or one that offers room for future improvements, this is an opportunity you won't want to miss! Please note: The floor furnace heating is currently not functioning, and no appliances will remain with the property. 10% buyer premium will be added to the final bid and make up the final contract price. Property is selling in its “as-is” present condition and is accepted by the buyer without any expressed or implied warranties. It is the buyer's responsibility to have any and all inspections completed prior to bidding. The buyer and seller shall split equally in the cost of the title insurance and the closing fee. ALL taxes will be prorated to the day of closing. Bidding is not contingent upon financing. Closing to take place on or before 30 days from the auction closing date. The Seller reserves the right to accept any offer made prior to the auction's close, regardless of the current highest bid, only if the reserve price has not been met. In the event of an acceptable pre-auction offer, the auction will be immediately terminated and the highest bidder notified. Non-refundable earnest money deposit due at the conclusion of the auction in the amount of $5,000.
Location
State KS
County Sedgwick
Interior
Heating Floor Furnace
Cooling Window Unit(s)
Flooring Other
Exterior
Garage Description On Street
Utilities Available Natural Gas Available
View Y/N Yes
Roof Type Composition
Building
Structure Type Frame
Schools
Elementary Schools Linwood
Middle Schools Hamilton
High Schools West
School District Wichita School District (Usd 259)
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