2100

Sqft

Property Description

For Sale: 2609 E GRAIL ST, Wichita KS, 67211. THIS PROPERTY IS BEING OFFERED IN A MULTI-PROPERTY AUCTION VIA LIVE STREAM WITH REAL TIME BIDDING, AUCTION BEGINS AT 5:30 PM ON FEBRUARY 4TH. 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!!! Don’t miss out on this wonderful opportunity to own a multi-family investment property in southeast Wichita! This property features (4) 1-bedroom, 1-bathroom units, and they are all rented with a total annual income of $19,620! The exterior features all brick with a shared backyard that is fully fenced. There is an unfinished basement for tenant storage, which is accessible outside. 2609 E. Grail – One bedroom, one bathroom unit with a nice-sized living room and a kitchen with plenty of storage space and access to the backyard. The wall furnace was installed in 2019. Currently rented for $385 per month with a $200 deposit. The 1-year tenant has a month-to-month lease. Photos coming soon! 2611 E. Grail – One bedroom, one bathroom unit with a nice-sized living room and a kitchen with plenty of storage space and access to the backyard. The wall furnace was installed in 2020. Currently rented for $365 per month with a $175 deposit. The 6-year tenant has a month-to-month lease 2613 E. Grail – One bedroom, one bathroom unit with a nice-sized living room and a kitchen with plenty of storage space and access to the backyard. The wall furnace was installed in 2018. Currently rented for $500 per month with a $165 deposit. The 1.5-year tenant has a month-to-month lease. Photos coming soon! 2615 E. Grail – One bedroom, one bathroom unit with a nice-sized living room and a kitchen with plenty of storage space and access to the backyard. This unit has forced air heat and a window AC unit. Currently rented for $385 per month with a $200 deposit. The tenant has a lease expiring 02/29/2021 Updates include: New water main supply in 2019, and some storm windows have been recently replaced. A refrigerator and oven transfer with each unit. This quadplex has 4 individual electric meters (electricity paid by the tenants), a shared water, and a shared gas meter (paid by the owner). *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. MLS Number: 591161


Directions

E. Harry & George Washington, North to Grail, West to Home

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