Looking for an investor or someone wanting an the opportunity to have a duplex with low investment, live in one side and lease out the other, or lease them both out. Duplex is 2 2 bedroom units that sit back off the road. This duplex does need some work but what wouldn't at this price. Buyer understands this is being sold as is where is. Seller has never lived in the house.
THIS PROPERTY IS BEING OFFERED IN A MULTI-PROPERTY AUCTION VIA LIVE STREAM WITH REAL TIME BIDDING, AUCTION BEGINS AT 5:30 PM ON DECEMBER 12th, 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. This duplex has one 3-bedroom, 2-bathroom unit and one 1-bedroom, 1-bathroom unit. 856 A has a living room, kitchen/dining combo, three bedrooms, and two bathrooms each with a tub/shower combo. This unit is currently rented for $845/month on a month-to-month basis. 856 B is currently rented for $695/month on a month-to-month basis. This property provides a monthly income of $1,540, and an annual income of $18,480! Per Seller, the old limestone basement was filled in and not in use. *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 ($2,500.00 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 $5,000.00.
Full brick duplex. 2101 & 2103 S Old Manor. Currently 2101 side is rented at $550. Tenant is on month-to-month rental agreement. 2103 is vacant and available for viewing. 2103 has been refurbished from a fire. 2103 has new kitchen and new bath plus completely repainted. Owner pays trash. Tenant pays all other utilities and lawn mowing. Range and Refrigerator in both sides belong to the Seller. 2101 Has Central air(10 years) and furnace(15-20) and 2103 has a new Central air unit with furnace about 10-15 years old. Selling in as-is condition. Age of roof is unknown. Full private unfinished basement. Please make contracts subject to interior inspection of the 2101 unit as we don't want to disturb tenants. 2103 is vacant and available for viewing. Call showing service to schedule. pictures of 2101 are about 5 years old.
PRICE IMPROVED! Looking to expand your portfolio before the end of 2024? This turn-key investment is being sold in a package deal of 4 duplexes (8 total units!) located in southeast Wichita. The full package can be found by searching the address "810 S Terrace Dr, Wichita, KS" or MLS number 645027. The addresses for each duplex are 809/811, 810/812, 815/817, & 816/818 S Terrace Dr, Wichita, KS 67218. There are 7 1-bedroom units with an average rent of $565/month and 1 2-bedroom unit currently rented for $750/month. Once full, the property will bring in over $4700 in gross rent per month (over $56,400 per year)! The owner pays for water, trash, and lawn maintenance. The tenants pay for electric and gas. You can find interior pictures of each unit prior to being rented by searching online. These duplexes are easy to rent and will make the perfect addition to your portfolio! Call for additional details!
PRICE IMPROVED! Looking to expand your portfolio before the end of 2024? This turn-key investment is being sold in a package deal of 4 duplexes (8 total units!) located in southeast Wichita. The full package can be found by searching the address "810 S Terrace Dr, Wichita, KS" or MLS number 645027. The addresses for each duplex are 809/811, 810/812, 815/817, & 816/818 S Terrace Dr, Wichita, KS 67218. There are 7 1-bedroom units with an average rent of $565/month and 1 2-bedroom unit currently rented for $750/month. Once full, the property will bring in over $4700 in gross rent per month (over $56,400 per year)! The owner pays for water, trash, and lawn maintenance. The tenants pay for electric and gas. You can find interior pictures of each unit prior to being rented by searching online. These duplexes are easy to rent and will make the perfect addition to your portfolio! Call for additional details!
PRICE IMPROVED! Looking to expand your portfolio before the end of 2024? This turn-key investment is being sold in a package deal of 4 duplexes (8 total units!) located in southeast Wichita. The full package can be found by searching the address "810 S Terrace Dr, Wichita, KS" or MLS number 645027. The addresses for each duplex are 809/811, 810/812, 815/817, & 816/818 S Terrace Dr, Wichita, KS 67218. There are 7 1-bedroom units with an average rent of $565/month and 1 2-bedroom unit currently rented for $750/month. Once full, the property will bring in over $4700 in gross rent per month (over $56,400 per year)! The owner pays for water, trash, and lawn maintenance. The tenants pay for electric and gas. You can find interior pictures of each unit prior to being rented by searching online. These duplexes are easy to rent and will make the perfect addition to your portfolio! Call for additional details!
PRICE IMPROVED! Looking to expand your portfolio before the end of 2024? This turn-key investment is being sold in a package deal of 4 duplexes (8 total units!) located in southeast Wichita. The full package can be found by searching the address "810 S Terrace Dr, Wichita, KS" or MLS number 645027. The addresses for each duplex are 809/811, 810/812, 815/817, & 816/818 S Terrace Dr, Wichita, KS 67218. There are 7 1-bedroom units with an average rent of $565/month and 1 2-bedroom unit currently rented for $750/month. Once full, the property will bring in over $4700 in gross rent per month (over $56,400 per year)! The owner pays for water, trash, and lawn maintenance. The tenants pay for electric and gas. You can find interior pictures of each unit prior to being rented by searching online. These duplexes are easy to rent and will make the perfect addition to your portfolio! Call for additional details!
The median home value in Wichita, KS is $172,400. This is lower than the county median home value of $198,500. The national median home value is $338,100. The average price of homes sold in Wichita, KS is $172,400. Approximately 51.69% of Wichita homes are owned, compared to 37.67% rented, while 10.64% are vacant. Wichita real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Wichita real estate agent to arrange a tour today!
Wichita, Kansas 67218 has a population of 394,574. Wichita 67218 is more family-centric than the surrounding county with 31.82% of the households containing married families with children. The county average for households married with children is 30.6%.
The median household income in Wichita, Kansas 67218 is $56,374. The median household income for the surrounding county is $60,593 compared to the national median of $69,021. The median age of people living in Wichita 67218 is 35.4 years.
The average high temperature in July is 91.7 degrees, with an average low temperature in January of 21.7 degrees. The average rainfall is approximately 33.9 inches per year, with 12.7 inches of snow per year.