934 & 938 N Broadway, 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 apartment buildings with 12 units total! What a great investment opportunity right here near downtown Wichita. With terrific rental history, 11 out of 12 units are currently rented, providing a monthly income of $7,350 and an annual income of $88,200!!!  These well-maintained units are full of character, individuality, and offer a great diversity of floor plans and price points!  934 N. Broadway - (8) 1-bedroom, 1-bathroom units with 7 garage spaces in the alleyway, and a completely fenced-in courtyard. All but 1 unit is rented. There are four loft units, and four flat units. The flats are all located on the upper level and have interior entrances. All four lofts are exterior entrances. There are storage spaces for rent in the basement, along with two coin-operated washers and two coin-operated dryers. Rent varies from $600-$825 per month.  Lofts:  Two story living rooms Gorgeous wooden beams Decorative fireplaces Arched doorways Formal dining rooms Upstairs bedroom w/walk-in closet Spacious bathrooms w/tub/shower combo Flats:  Spacious living rooms Decorative fireplaces Arched doorways Formal dining rooms Nice bedroom w/walk-in closet Full bathroom w/tub/shower combo 938 N. Broadway - (4) studios. All are rented. Rent varies from $550-$600 per month.  Spacious living /sleeping quarters Closet space Transferring refrigerator and oven/range Full bathroom with walk-in shower Any appliances transfer with the 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 $30,000 for 30-days, $40,000 for 45-days.