About this property

THIS PROPERTY IS BEING OFFERED IN A MULTI-PROPERTY AUCTION VIA LIVE STREAM WITH REAL TIME BIDDING, AUCTION BEGINS AT 5:30 PM ON SEPTEMBER 26th, 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. NO MINIMUM, NO RESERVE!!! HIGH BIDDER'S CHOICE!!! Here is a great investment opportunity to add to your portfolio! This all-brick quadplex offers (4) 1-bedroom, 1-bathroom units with covered front entries, off-street parking, and storage space in the basement. This property is selling to the highest bidder regardless of price! The tenants are responsible for gas and electricity. The stove and refrigerator will transfer with each unit. The total monthly income is $1,300, with the opportunity to increase once fully rented. 652 S. Kansas Ct - Vacant. This unit features a spacious carpeted living room, an eat-in kitchen with updated flooring, a bedroom, and a full bathroom with a tub/shower combination. 654 S. Kansas Ct - Rented for $400 per month on a month-to-month basis with a $300 security deposit. 656 S. Kansas Ct - Rented for $450 per month on a month-to-month basis with a $350 security deposit. 658 S. Kansas Ct - Rented for $450 per month on a month-to-month basis with a $350 security deposit. All of the properties have had substantial quality upgrades in recent years including new heritage-style roofs, central heating and air (except 1 unit), newer replacement windows, updated plumbing & electrical including new exterior meters, updated kitchens, bathrooms, flooring, and paint. This multi-family assemble provides a rare investment opportunity. This quadplex is being offered high bidder's choice with 644 & 660 S. Kansas Ct. *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 of Buyer's Choice: $10,000 earnest money deposit at the time of contracting with a closing on or before 30 days from the date of sale. $15,000 earnest money deposit at the time of contracting with a closing on or before 45 days from the date of sale.

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