602 N Emporia Ave, Wichita, KS 67214

THIS PROPERTY IS BEING OFFERED IN A MULTI-PROPERTY AUCTION VIA LIVE STREAM WITH REAL TIME BIDDING, AUCTION BEGINS AT 5:30 PM ON AUGUST 15th, 2024. ONLINE BIDDING IS AVAILABLE THROUGH SELLER AGENT’S WEBSITE. PROPERTY IS SELLING WITH CLEAR TITLE AT CLOSING AND NO BACK TAXES. PROPERTY PREVIEWS AVAILABLE.  Two side-by-side quadplexes on a corner lot near Central and Broadway! Five out of the eight units are rented giving you a total monthly income of $3,125 and an annual income of $37,500. Once fully rented, you could easily double that number!  Each unit has a private covered entry, living room w/ vinyl flooring, kitchen/dining combination, one bedroom, and one full bathroom.   Unit 600 - Rented for $625 a month with a lease until 7/10/2025  Unit 602 - Rented for $625 a month with a lease until 10/12/2024  Unit 604 - Rented for $575 a month with a lease until 1/31/2025  Unit 606 - Vacant  Unit 608 - Rented for $650 a month with a lease until 1/31/2025  Unit 610 - Vacant  Unit 612 - Vacant   Unit 614 - Recently rented for $650 a month with a lease until 7/28/25  Per the seller, new roofs were placed this year!  Buyer's Choice: $15,000 earnest money deposit at the time of contracting with a closing on or before 30 days from the date of sale. $20,000 earnest money deposit at the time of contracting with a closing on or before 45 days from the date of sale.  *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. Full auction terms and conditions provided in the Property Information Packet. Total purchase price will include a 10% buyer’s 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 $15,000 for a 30 day closing or $20,000 for a 45 day closing.