School District: Wichita School District (usd 259)
Address: 1248 N EMPORIA AVE
Tax Year: 2020
THIS PROPERTY IS BEING OFFERED IN A MULTI-PROPERTY AUCTION VIA LIVE STREAM WITH REAL TIME BIDDING, AUCTION BEGINS AT 5:30 PM ON OCTOBER 28TH. ONLINE BIDDING IS AVAILABLE THROUGH SELLER AGENT’S WEBSITE. PROPERTY IS SELLING WITH CLEAR TITLE AT CLOSING AND NO BACK TAXES. PROPERTY PREVIEWS AVAILABLE. NO MINIMUM, NO RESERVE!!! This home is converted into (4) 1 bedroom, 1 bathroom units in North Wichita. Three of the four units are rented giving you a monthly income of $1,090 and an annual income of $13,080. The exterior of the complex features a spacious covered front porch and an off-street parking area in the back with alley access. Each unit has a living room that opens up to the kitchen with an eating space that includes a refrigerator and oven. There is one bedroom and a full bathroom. Unit 1 - Vacant Unit 2 - Rented month to month for $350 with a $200 security deposit. Unit 3 - Rented month to month for $360 with a $200 security deposit. Unit 4 - Rented month to month for $380 with a $200 security deposit. Units 1, 2, and 3 have individual HVAC units with unit 4 having a window unit. Tenants pay electricity and the owner pays for water, trash, and gas for unit 4. All other units are all electric. There are separate electric meters. *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. It is incumbent upon buyer to exercise buyer’s own due diligence, investigation, and evaluation of suitability of use for the real estate prior to bidding. It is buyer’s responsibility to have any and all desired inspections completed prior to bidding including, but not limited to, the following: roof; structure; termite; environmental; survey; encroachments; groundwater; flood designation; presence of lead-based paint or lead based paint hazards; presence of radon; presence of asbestos; presence of mold; electrical; appliances; heating; air conditioning; mechanical; plumbing (including water well, septic, or lagoon compliance); sex offender registry information; flight patterns, or any other desired inspection. Any information provided or to be provided by seller or seller’s agents was obtained from a variety of sources and neither seller nor seller’s agents have made any independent investigation or verification of such information and make no representation as to the accuracy or completeness of such information. Auction announcements take precedence over anything previously stated or printed. Total purchase price will include a 10% buyer’s premium ($1,500.00 minimum) added to the final bid. 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 $5,000.