7 PLEX~TWO STORY~216 S. F ST – Wellington, Ks

EXCELLENT INVESTMENT OPPORTUNITY


ONLINE AUCTION:  7 PLEX, 2 STORY – 216 S F – WELLINGTON

DATE:  MAY 31, 2017 AT 7 PM

PLEASE FOLLOW THE ONLINE BIDDING LINK BELOW TO BID NOW!

ONLINE BIDDING ONLY
Began: 05/02/17 at 11:52 AM CDT
Ends: 05/31/17 at 7:00 PM CDT

7 Plex, Two Story – 216 S. F St – WELLINGTON, KS

 

–          6 – Studio Apartments, 1 – Larger Apartment

–          Separate Electric Meters

–          Owner pays common area electric, water and trash

–          3,280 Total Sqft.

–          Through Wall Heat Pump

–          Low Maintenance Stucco Exterior

–          Exterior Remodel in 2009

–          Interior Remodel in 2010

–          Rent $300- $400

#1 – 1 Bedroom, 1 BA. Vacant & rentable. Spacious

#2 – Studio Apartment, – Rented

#4 –Studio Apartment – Vacant, needs little work.

#5 – Studio Apartment – Rented

#6 – Studio Apartment – Vacant – Rent Ready

#7 – Vacant, a few small things to make ready

#8 – Vacant, a few small things to make ready  

–          2016 Taxes: $1,892.64

 

TERMS:

 

–    A 10% earnest money deposit of total contract purchase price is due immediately to Security 1st Title in Wellington.

–   Property is being sold “AS IS, WHERE IS” and without any contingencies including financing. 

–   30 day closing.

–   2017 taxes are prorated to date of closing. 

–   Title Insurance and closing fee shared between buyer and seller.

 

Auction Manager,

Jeremy Wiens – 316-640-3193 or 620-326-7315

 

This auction offers investors an exceptional opportunity to purchase multi-unit dwellings in a convenient midtown location. The properties on 4th Street and F Street are located within a block of the newly renovated Wellington Recreation Center and just two blocks from the downtown area.

 

It is a very exciting time in Wellington with the announcement of Cowley County Colleges new 12 million-dollar campus. These properties are all within three miles of this new project. The college is scheduled to open its doors for the fall 2018 semester. 

 

TERMS:

 

–    A 10% earnest money deposit of total contract purchase price is due immediately to Security 1st Title in Wellington.

–   Property is being sold “AS IS, WHERE IS” and without any contingencies including financing. 

–   30 day closing.

–   2017 taxes are prorated to date of closing. 

–   Title Insurance and closing fee shared between buyer and seller.

 

Auction Manager,

Jeremy Wiens – 316-640-3193 or 620-326-7315

 

 

 

 

 

 

 

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Theurer Auction/Realty

http://theurer.net

1101 East 16th Street Wellington, KS 67152

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