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Sold-Closed Auctions
(NE) - Full Brick 4-Plex
418 E. 14th St. N Wichita, KS 67214
AUCTION DATE & TIME:

August 14th, 2012
7:00 PM

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Property Details

Class: Multi-Family
ID Number: 2777
Year Built 1920
Total Units 4
Status Sold-Closed Auctions
Price $40,000.00

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DIRECTIONS

13th and Broadway. North to 14th, East to property.

COMMENTS

2-story 4-Plex in Northeast Wichita. Each unit has one bedroom, bathroom, living room, dining room, kitchen and central heating/air. Many updates have been made to include windows, electrical and plumbing. The kitchens have dishwashers, disposals, ranges/ovens and refrigerators. The building is currently vacant, but each unit was previously rented for $400/month. Owner paid trash and water/sewer. Tenant paid gas and electric. Excellent investment income property! *Broker participation is recognized, a 3% referral fee is being offered. Click the above link titled "Broker Registration" for details. This property will have a Buyer's Premium added to the final bid price.

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FEATURES

Type
  • Four to Sixplex
 Style
  • Other
 Number of Stories
  • Two
 Construction
  • All Brick
Roof
  • Composition
 Utilities
  • Sewer
  • Public Water
  • Natural Gas
 Owner Paid Utilities
  • Water/Sewer
  • Trash Collection
 Tenant Paid Utilities
  • Gas
  • Electric
Basement Finish per Unit
  • None
 Heating
  • Forced Air
  • Individual Unit
 Cooling
  • Central Electric
 Parking
  • 1 Per Unit
Appliances
  • Range/Oven
  • Dishwasher
  • Disposal
  • Refrigerator
 Terms of Tenancy
  • 1 Year or More
 Floors
  • Carpet
  • Wood
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UNIT DETAILS

Property ID

2777

Address

418 E. 14th St. N

City

Wichita

State

KS

Zip

67214

Class

Multi-Family

Sold Price

$ 40,000.00

GENERAL

Year Built

1920

Lot Size

4,792 SF

Total Square Feet

3,450 SF

# of Total Units

4

# of 1 Bedroom Units

4

Rent per 1 BR Units

$400/month

FINANCIAL

 
HOA Yearly Due

N/A

HOA Initiation Fee

N/A

Gross Income

Previously rented for $400/unit

Monthly Income

Previously $1,600.00/month

General Taxes

$565.63

Yearly Specials

$22.80

Yearly Association Dues

N/A

Earnest Deposit Amount

$5,000.00

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McCurdy

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, 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. Any communication from McCurdy Auction, LLC is not an attempt to solicit or interfere with existing agency relationships.