825 S San Pablo Ln, Wichita, KS 67207

Online Only Auction! Lot number 1 in this multi-property investment auction. All 3 buildings will be selling individually. The 3 buildings have had over $40,000 in updates and renovations in the last 2 years. 825 San Pablo is a Full Brick triplex with (2) – 2 bedroom 1 bath units and (1) 1 bedroom 1 bath units. The property has one vacant unit to allow for showings, potential monthly rents of $1,440 a month. 825 is currently rented for $500 a month. 827 is rented at $445 a month. 829 is vacant for showings. Tenant is responsible for electric and gas. Seller pays for lawn care and water. The water bill averages $100 per month. Additional storage in the basement that is accessible through the outside of the building. 10% buyer premium will be added to the final bid and make up the final contract price. Property is selling in its “as-is” present condition and is accepted by the buyer without any expressed or implied warranties. It is the buyer’s responsibility to have any and all inspections completed prior to bidding. The buyer and seller shall split equally in the cost of the title insurance and the closing fee. ALL taxes will be prorated to the day of closing. Bidding is not contingent upon financing. Closing to take place on or before 30 days from the auction closing date. Non-refundable earnest money deposit due at the conclusion of the auction in the amount of $7,500 per building.