1800 E 1st St N 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 AUGUST 11TH. ONLINE BIDDING IS AVAILABLE THROUGH SELLER AGENT’S WEBSITE. PROPERTY IS SELLING WITH CLEAR TITLE AT CLOSING AND NO BACK TAXES. PROPERTY PREVIEWS AVAILABLE. Hard to find Sixplex in East Wichita with easy access to interstate 135 and just east of downtown! The property provides (6) 1-bedroom, 1-bathroom units with two off-street parking spots per unit. Each unit has a living room that opens up to the kitchen/dining combination with a refrigerator, oven, and dishwasher. There is one bedroom and a bathroom with a tub/shower combination. The units are on separate meters and tenants pay for electricity and water.  Rental amounts total $2,975 a month with an annual income of $35,700 with the potential for more! Tenants pay for electricity and water, the seller pays for trash and lawn maintenance.  Units 102, 202, and 302 have been updated with new windows, new plumbing, wood laminate flooring, interior paint with white trim, and updated kitchens and bathrooms. (unit 201 has a new furnace). Per the seller, the shingles were replaced in July 2022 and the flat roof is approximately five years old.  There have been some rent increases and two units have monthly pet dues.  *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 $25,000.