$220,000
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6,745 SqFt
SOLD DATE : 08/02/2021
Key Details
Sold Price $220,000
Property Type Apartment
Sub Type Apartment Complex
Listing Status Sold
Purchase Type For Sale
Square Footage 6,745 sqft
Price per Sqft $32
Subdivision Kingman, Town Of
MLS Listing ID SCK596671
Sold Date 08/02/21
Style Other
Total Fin. Sqft 6745
Originating Board sckansas
Year Built 1900
Annual Tax Amount $5,213
Tax Year 2020
Lot Dimensions 21000
Property Sub-Type Apartment Complex
Property Description
Property offered at ONLINE ONLY auction. BIDDING OPENS: Tuesday, May 25th, 2021 at 2:00 PM (cst) | BIDDING CLOSES: Thursday, June 17th, 2021 at 2:00 PM) (cst). Bidding will remain open on this property until 1 minute has passed without receiving a bid. Property available to preview by appointment. CLEAR TITLE AT CLOSING, NO BACK TAXES. ONLINE ONLY!!! Don't miss out on this incredible investment opportunity in Kingman. There are a total of 10 units that are all rented and provide a current monthly rental income of $4,150!! There is also a washer and dryer on-site that provide an additional income stream of approximately $50 a month. That leads to a gross annual income of $50,400! 3 SINGLE FAMILY HOMES: 313 E. B Ave - 3 bedroom, 2-bathroom single-family 1.5 story home. Was previously rented for $600 per month. 248 N. Pine St - 1-bedroom, 1-bathroom single-family ranch. Currently rented for $300 per month with a $150 deposit and the tenant pays for electricity & gas. 250 N. Pine St - 2-bedroom, 2-bathroom single-family ranch. Currently rented for $500 per month with a $500 deposit and the tenant pays for all utilities. 7 PLEX: 252 N. Pine St - 1-bedroom, 1-bathroom unit. Currently rented for $460 per month with a $460 deposit. Seller pays for all utilities. 252.5 N. Pine St - 2-bedroom, 1-bathroom unit. Currently rented for $600 per month with a $1,050 deposit, which includes a pet deposit. Seller pays for all utilities. 254 N. Pine St - 1-bedroom, 1-bathroom unit. Currently rented for $450 per month with a $450 deposit. Seller pays for all utilities. 256 N. Pine St - 1-bedroom, 1-bathroom unit. Currently rented for $480 per month with a $500 deposit and the tenant pays for all of the Seller pays for all utilities. utilities. 301 E. B St - 2-bedroom, 1-bathroom unit that has been completely renovated. Currently rented for $480 per month with a $480 deposit. Seller pays for all utilities. 303 E. B St - 1-bedroom, 1-bathroom unit. Currently rented for $480 per month with a $480 deposit. Seller pays for all utilities. 305 E. B St - 1-bedroom, 1-bathroom unit. Currently rented for $400 per month with a $100 deposit. Seller pays for all utilities. OPEN HOUSE: FRIDAY, JUNE 11TH FROM 3 PM TO 5 PM *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. It is incumbent upon buyer to exercise buyer's own due diligence, investigation, and evaluation of suitability of use for the real estate prior to bidding. It is buyer's responsibility to have any and all desired inspections completed prior to bidding including, but not limited to, the following: roof; structure; termite; environmental; survey; encroachments; groundwater; flood designation; presence of lead-based paint or lead based paint hazards; presence of radon; presence of asbestos; presence of mold; electrical; appliances; heating; air conditioning; mechanical; plumbing (including water well, septic, or lagoon compliance); sex offender registry information; flight patterns, or any other desired inspection. Any information provided or to be provided by seller or seller's agents was obtained from a variety of sources and neither seller nor seller's agents have made any independent investigation or verification of such information and make no representation as to the accuracy or completeness of such information. Auction announcements take precedence over anything previously stated or printed. 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 $15,000.
Location
State KS
County Kingman
Direction E. Main St & E. D Ave - East to Pine St, South to properties
Rooms
Basement None
Interior
Heating Central Gas, Forced Air
Cooling Individual Units, Central Electric
Flooring Carpet
Fireplace No
Appliance Range/Oven, Refrigerator
Heat Source Central Gas, Forced Air
Exterior
Garage Description 1 per Unit, Covered
Utilities Available Gas, Public, Sewer Available
View Y/N Yes
Roof Type Composition
Total Parking Spaces 10
Building
Unit Features [{\"UnitTypeActualRent\":300,\"UnitTypeBedsTotal\":6,\"UnitTypeType\":\"Unit 1\",\"UnitTypeKey\":\"SCK596671Group_1\"},{\"UnitTypeActualRent\":450,\"UnitTypeBedsTotal\":3,\"UnitTypeType\":\"Unit 2\",\"UnitTypeKey\":\"SCK596671Group_2\"},{\"UnitTypeActualRent\":600,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"Unit 3\",\"UnitTypeKey\":\"SCK596671Group_3\"}]
Architectural Style Other
Structure Type Frame
Schools
Elementary Schools Kingman
Middle Schools Kingman
High Schools Kingman
School District Kingman - Norwich School District (Usd 331)
Others
Financing None
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