$195,250
-
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2,876 SqFt
SOLD DATE : 05/21/2025
Key Details
Sold Price $195,250
Property Type Multi-Family
Sub Type Four to Sixplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,876 sqft
Price per Sqft $67
Subdivision None Listed On Tax Record
MLS Listing ID SCK652305
Sold Date 05/21/25
Style Side by Side
Total Fin. Sqft 2876
Year Built 1949
Annual Tax Amount $1,890
Tax Year 2024
Lot Dimensions 16117
Property Sub-Type Four to Sixplex
Source sckansas
Property Description
Online only auction, bidding closing April 17th at 2:30 PM. Don't miss your opportunity to bid on this well-maintained full-brick fourplex in a prime Wichita neighborhood! Fully rented with stable, long-term tenants, this property offers a solid investment and strong income potential. The four units include two 2-bedroom units and two 1-bedroom units, each with 1 bathroom. Inside, you'll find spacious and bright living rooms, and all units are equipped with window air conditioners for added comfort. The kitchens provide generous storage space. In-unit appliances include stoves in units 746 & 750, and both a stove and fridge in unit 752. The shared basement features tenant storage and laundry facilities for added convenience. The exterior boasts a durable composition roof and provides on-site parking for tenants. This property is the ideal opportunity for investors looking to expand their portfolio with a low-maintenance, fully rented asset. Act quickly—this gem won't last long! 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 $7,500.
Location
State KS
County Sedgwick
Direction Kellogg Dr & Woodlawn St - North to Peach Tree Ln, East to Hunter St, South to Home
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling Window Unit(s)
Fireplace No
Appliance Refrigerator
Heat Source Forced Air
Exterior
Garage Description 1 per Unit, On Street
Utilities Available Natural Gas Available, Propane
View Y/N Yes
Roof Type Composition
Total Parking Spaces 4
Building
Unit Features [{\"UnitTypeActualRent\":650,\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 1\",\"UnitTypeKey\":\"SCK652305Group_1\"},{\"UnitTypeActualRent\":750,\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 2\",\"UnitTypeKey\":\"SCK652305Group_2\"}]
Architectural Style Side by Side
Structure Type Brick
Schools
Elementary Schools Clark
Middle Schools Curtis
High Schools Southeast
School District Wichita School District (Usd 259)
Others
Financing None
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