$346,500
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1511 N HILLSIDE ST Wichita, KS 67214
6,445 SqFt
Key Details
Sold Price $346,500
Property Type Multi-Family
Sub Type Four to Sixplex
Listing Status Sold
Purchase Type For Sale
Square Footage 6,445 sqft
Price per Sqft $53
MLS Listing ID SCK608131
Sold Date 04/28/22
Style Other
Total Fin. Sqft 6445
Originating Board sckansas
Year Built 1925
Annual Tax Amount $1,394
Tax Year 2021
Lot Dimensions 37685
Property Sub-Type Four to Sixplex
Property Description
THIS PROPERTY IS BEING OFFERED IN A MULTI-PROPERTY AUCTION VIA LIVE STREAM WITH REAL TIME BIDDING, AUCTION BEGINS AT 5:30 PM ON MARCH 31ST. ONLINE BIDDING IS AVAILABLE THROUGH SELLER AGENT'S WEBSITE. PROPERTY IS SELLING WITH CLEAR TITLE AT CLOSING AND NO BACK TAXES. PROPERTY PREVIEWS AVAILABLE. THIS PROPERTY IS BEING OFFERED IN A MULTI-PROPERTY AUCTION VIA LIVE STREAM WITH REAL TIME BIDDING, AUCTION BEGINS AT 5:30 PM ON MARCH 31ST. ONLINE BIDDING IS AVAILABLE THROUGH SELLER AGENT'S WEBSITE. PROPERTY IS SELLING WITH CLEAR TITLE AT CLOSING AND NO BACK TAXES. PROPERTY PREVIEWS AVAILABLE. Great investment package!!! Five single-family homes and one duplex selling together. All the properties are on Hillside in between E. 14th Street and E. 15th Street with every unit rented, giving you over $40,000 annual income. 1511 N. Hillside - 3 bedroom, 1 bathroom single-family home rented for $690 MTM with a $700 security deposit. This home features a covered entry, deck, and off-street parking. Inside the home is a spacious living/dining combination with a galley-style kitchen which includes a refrigerator, oven, and laundry hookups. There is a partial unfinished basement for additional storage space. Per the seller, there are updated windows and newer C/A. 1515 N. Hillside - 3 bedroom, 1.5 bathroom single-family home rented for $750 MTM with a $750 security deposit. This home features a spacious covered front porch and off-street parking. Inside the home is a living room with a decorative fireplace, hardwood flooring, and opens up to the formal dining room. The kitchen includes the oven. The unfinished partial basement provides storage space and laundry hookups. Per the seller, there are updated windows and newer CH/CA. 1519 N. Hillside - 2 bedroom, 1 bathroom single-family home rented for $350 MTM with a $200 security deposit. This home features off-street parking, vinyl siding, a kitchen with a refrigerator & oven, and newer C/H per the seller. 1521 N. Hillside - Duplex with (2) 2 bedroom, 1 bathroom units. Unit 1 is rented for $325 MTM with a $350 security deposit. Unit 2 is rented for $350 MTM with a $350 security deposit. This 2-story property features a fenced front yard, a large covered front porch, off-street parking, and an outbuilding. There are separate gas and electric meters. The lower unit has a large brick fireplace, two bedrooms, and a full bathroom with a walk-in shower. The upper unit has two bedrooms and a full bathroom with double sinks and a tub/shower combination. Each unit includes the refrigerator and oven. 1533 N. Hillside - 2 bedroom, 1 bathroom single-family home rented for $400 MTM with a $400 security deposit. This home features a fenced backyard and includes a refrigerator and oven. 1539 N. Hillside - 3 bedroom, 1 bathroom single-family home rented for $550 MTM with a 550 security deposit. This home features a covered front porch, detached one-car garage, replacement windows, and CH/CA. There is a spacious living/dining combination and a kitchen with a refrigerator and oven. The full unfinished basement provides storage space and laundry hookups. The tenants at 1511, 1519, 1521, 1533, and 1539 N. Hillside pay $10 a month, not included in the totals above, for fire rental insurance. The tenant at 1515 N. Hillside has their own renters insurance. Most of the tenants are long terms tenants and the rental rates do not reflect today's market. Pre-Approved Owner Carry Option For Closing: The seller is agreeable to provide an owner carry financing option to the purchaser, with the terms as follows: 25% of contract price down at closing, 6% interest and for a term of 15 years to be setup at the expense of the Buyer at Security 1st Title. Buyer to pay maintenance fee for owner carry facilitation. Seller pays for trash for all properties as well as water for 1521 N. Hillside. 1521 Hillside (Ground Level Unit) receives a $50 credit for gas bill during December-March as a courtesy. *SEE TERMS OF
Location
State KS
County Sedgwick
Direction E. 13th St. N. & N. Hillside St. - North to Properties.
Rooms
Basement Unfinished
Interior
Heating Central Gas, Forced Air
Cooling Central Electric, Window Unit(s)
Flooring Carpet, Wood, Other - See Remarks
Fireplace No
Appliance Range/Oven, Refrigerator
Heat Source Central Gas, Forced Air
Exterior
Garage Description 1 per Unit, More than 2 per Unit, Detached Garage, Other - See Remarks
Utilities Available Gas, Public, Sewer Available
View Y/N Yes
Roof Type Composition
Total Parking Spaces 8
Building
Unit Features [{\"UnitTypeActualRent\":350,\"UnitTypeBedsTotal\":4,\"UnitTypeType\":\"Unit 2\",\"UnitTypeKey\":\"SCK608131Group_2\"},{\"UnitTypeActualRent\":690,\"UnitTypeBedsTotal\":3,\"UnitTypeType\":\"Unit 3\",\"UnitTypeKey\":\"SCK608131Group_3\"}]
Architectural Style Other
Structure Type Vinyl
Schools
Elementary Schools Spaght Multimedia Magnet (Nh)
Middle Schools Wilbur
High Schools Northwest
School District Wichita School District (Usd 259)
Others
Financing None
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