8 PLEX~1 BEDROOM UNITS~214 W. 4TH – WELLINGTON, KS

EXCELLENT INVESTMENT OPPORTUNITY


ONLINE AUCTION:  8 PLEX~1 BEDROOM UNITS~214 W. 4TH – WELLINGTON, KS

DATE:  ENDS MAY 31, 2017 AT 7 PM

PLEASE FOLLOW THE ONLINE BIDDING LINK BELOW TO BID!

ONLINE BIDDING ONLY
Began: 05/02/17 at 12:20 PM CDT
Ended: 05/31/17 at 7:00 PM CDT

ONLINE AUCTION:  8 PLEX~1 BEDROOM UNITS~214 W. 4TH – WELLINGTON, KS

DATE:  ENDS MAY 31, 2017 AT 7 PM

 – 8 – 1 Bedroom, 1 Bath Units

– Dwelling Remodel in 2009

– Individual Electric Meters

– Electric Water Heaters

– Low Maintenance Stucco Exterior

– Through Wall Heat Pumps

– #214 – Existing Office, Could easily be an apartment again

– #216 – Gutted needs restored

– #218 – Rented, Updated interior, Nice

– #220 – Needs Flooring and Paint

– #222 – Needs minimal work to make ready

– #224 – Needs minimal work to make ready

– #226 – Rented, Nice Unit

– #228 – Ready to rent, could use minor improvements

– Rent Range $450 – $500 includes water and trash and lawn maintenance

– 2016 Taxes $1,615.56

 

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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