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1126 N Pennsylvania Ave

Wichita, KS 67214
  • $0
  • STATUS: Active
  • MLS #: 610877
UPDATED: 222 min ago
$0
  • 0
    BEDS
  • 25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,376
    SQFT
  • $0
    $/SQFT
Neighborhood:
415
Type:
Multi-Family
Built:
1950
County:
Area:
415

School Information

Elementary School:
Middle School:
High School:

Listing information © 2022 South Central Kansas Multiple Listing Service, Inc.
Listing provided courtesy of Megan Rae Niedens of Mccurdy Real Estate & Auction, Llc.




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 MAY 19TH. ONLINE BIDDING IS AVAILABLE THROUGH SELLER AGENTS WEBSITE. PROPERTY IS SELLING WITH CLEAR TITLE AT CLOSING AND NO BACK TAXES. PROPERTY PREVIEWS AVAILABLE. EIGHT 2-bedroom, 1-bathroom single-family homes offered together! This is a terrific investment opportunity! Currently, with 6 homesare rented, monthly income is $2,865 and $34,380 annually. Rents between $325-$650 depending on the length of tenancy and if recentlyremodeled. All tenants pay their own utilities. Seller pays for lawn maintenance. Seller pays trash on 1132 and 1150. Each home,built with concrete blocks, has a paved driveway for off-street parking and features a full bathroom with tub/shower combo, gas range, and washer/dryer hookups in the kitchen. Three of the units have been beautifully updated with new flooring, countertops, bathroom tiling, and paint. The two vacant units are mid-remodel. 1126 - Vacant. Remodel in progress, needs to be finished by buyer 1132 - Remodeled in 2017, wall furnace, a/c window unit (tenant-owned), the seller pays trash on this unit. Rented at $600 per month, MTM 1138 - Wall furnace, a/c window unit (tenant owned), rented at $400 per month 1144 -Wall furnace, a/c window unit (tenant owned). Rented at $325 per month to 15 year tenant, MTM 1150 - Remodeled in 2020 & 2022. Mini split heat pump, seller pays trash. Section 8 tenant $565 per month 1156 - Remodeled in 2020. Wall furnace, a/c window unit (tenant owned), rented at $650per month 1162 -Wall furnace, a/c window unit (tenant owned). Rented at $325 per month to 15 year tenant, MTM 1163 N. Hydraulic- Vacant. Gutted;needs complete remodel. Wall furnace and window a/c. Previously rented at $425 per month Unit 1138 has not yet paid $400 deposit. If tenant pays before sale, deposit will transfer. Unit 1150 has made a partial payment of deposit. Current balance paid is $200 of $565. Amount balance at sale will transfer. Some photos of remodeled properties were taken prior to tenant moving in. *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 sellers agents. Full auction terms and conditions provided in the Property Information Packet. Total purchase price will include a 10% buyers 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 $20000.

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This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. ©2022 South Central Kansas Multiple Listing Service, Inc. All rights reserved. IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-05-17T00:00:41.7.
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1126 N Pennsylvania Ave Wichita, KS 67214

  • Price: $0
  • Status: Active
  • On Site: Days
  • Updated: 222 min ago
  • MLS #: 610877
0
Beds
0
Baths
0
½ Baths
25
Acres
5,376
SQFT
$0
$/SQFT
1950
Built
Neighborhood:
415
County:
Sedgwick
Area:
415
Elementary School:
Spaght Multimedia Magnet (Nh)
Middle School:
Truesdell
High School:
East
School District:
Wichita School District (Usd 259)
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 MAY 19TH. ONLINE BIDDING IS AVAILABLE THROUGH SELLER AGENTS WEBSITE. PROPERTY IS SELLING WITH CLEAR TITLE AT CLOSING AND NO BACK TAXES. PROPERTY PREVIEWS AVAILABLE. EIGHT 2-bedroom, 1-bathroom single-family homes offered together! This is a terrific investment opportunity! Currently, with 6 homesare rented, monthly income is $2,865 and $34,380 annually. Rents between $325-$650 depending on the length of tenancy and if recentlyremodeled. All tenants pay their own utilities. Seller pays for lawn maintenance. Seller pays trash on 1132 and 1150. Each home,built with concrete blocks, has a paved driveway for off-street parking and features a full bathroom with tub/shower combo, gas range, and washer/dryer hookups in the kitchen. Three of the units have been beautifully updated with new flooring, countertops, bathroom tiling, and paint. The two vacant units are mid-remodel. 1126 - Vacant. Remodel in progress, needs to be finished by buyer 1132 - Remodeled in 2017, wall furnace, a/c window unit (tenant-owned), the seller pays trash on this unit. Rented at $600 per month, MTM 1138 - Wall furnace, a/c window unit (tenant owned), rented at $400 per month 1144 -Wall furnace, a/c window unit (tenant owned). Rented at $325 per month to 15 year tenant, MTM 1150 - Remodeled in 2020 & 2022. Mini split heat pump, seller pays trash. Section 8 tenant $565 per month 1156 - Remodeled in 2020. Wall furnace, a/c window unit (tenant owned), rented at $650per month 1162 -Wall furnace, a/c window unit (tenant owned). Rented at $325 per month to 15 year tenant, MTM 1163 N. Hydraulic- Vacant. Gutted;needs complete remodel. Wall furnace and window a/c. Previously rented at $425 per month Unit 1138 has not yet paid $400 deposit. If tenant pays before sale, deposit will transfer. Unit 1150 has made a partial payment of deposit. Current balance paid is $200 of $565. Amount balance at sale will transfer. Some photos of remodeled properties were taken prior to tenant moving in. *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 sellers agents. Full auction terms and conditions provided in the Property Information Packet. Total purchase price will include a 10% buyers 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 $20000.
Exterior Features

Architecture Other Construction Concrete Blocks Lot Size Or Sq Ft 35301 Parking More Than 2 Per Unit Parking1 16 Roof Composition

Interior Features

2 Bed Units 8 Appliances Over/RangeRefrigerator Basement None Basement Finish None Basement Use None Cooling Window Unit Heating Heat PumpWall Furnace/Baseboard Levels One

Property Features

Age 51 - 80 Years Flood Insurance Required Gross Income 34380 HOA No Multifamily Type Apartment Complex Owner Finance No Owner Paid Expenses Lawn Maintenance Ownership Corporate Property Taxes 1548 Rent2 Bed Unit 325-650 Sale Or Rent Auction Sq Ft Source Court House Tax Specials Annual 63.2 Tax Specials Total 63.2 Tax Year 2022 Tenant Paid Expenses ElectricGasTrashWater/Sewer Terms Of Lease 1 Year Or More6 Months To 1 YearMonth To Month Utilities Natural GasPublicSewer

Listing courtesy of Megan Rae Niedens of Mccurdy Real Estate & Auction, Llc.


This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. ©2022 South Central Kansas Multiple Listing Service, Inc. All rights reserved. IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-05-17T00:00:41.7.
 
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Keller Williams Hometown Partners
429 S 119th W.
Wichita KS, 67205

Listing information © 2022 South Central Kansas Multiple Listing Service, Inc.
Listing provided courtesy of Megan Rae Niedens of Mccurdy Real Estate & Auction, Llc.