1110 E 12th Winfield, KS 67156

Listing details for 1110 E 12th, Winfield, KS 67156 : AGENTS REGISTER YOUR BUYERS ON LINE, GO TO PRIVATE REMARKS FOR information regarding ON LINE REGISTRATION.....ON SITE REAL ESTATE AUCTION: DECEMBER 7, 2019 AT 10:00 AM MINIMUM OPENING BID $10,000. THIS PROPERTY MAY SALE PRIOR TO THE AUCTION WITH AN ACCEPTABLE OFFER. ALL OFFERS MUST BE COMPLETED WITHIN 48hrs OF THE AUCTION. This property is a converted 2 story home and is vacant. There are 4 apartments, 3 ready to go, 1 needs work. All have exterior entrances and their own parking spots. The owner has replaced 90% of the windows with vinyl clad double pane windows, roof is newer. Apartment 1 has been totally sheet rocked. 3 apartments have updated wiring and plumbing. 3 units have heat/air combo units. When previously rented owner was getting $400 per unit and $550 for the updated unit. Great opportunity for an investor or someone just getting into investing. All units have their own electric and gas meters, 1 water meter with costs split between tenants. Apartment 1 has some very nice updates including 2 barn doors, the vanity in the bathroom is an old dresser. Parking in the alley for 2 units and enough parking in front for 2 units plus a lean to for storage. THIS PROPERTY IS SELLING IN THE PRESENT CONDITION AND IS ACCEPTED BY THE BUYER (S) WITHOUT ANY EXPRESSED OR IMPLIED WARRANTIES OR REPRESENTATIONS FROM THE SELLER (S) OR HIS (HER) AGENT (S). IT IS INCUMBENT UPON THE BUYER (S) TO EXERCISE HIS (HER) OWN DILIGENCE PRIOR TO BIDDING ON THIS PROPERTY, IT IS THE RESPONSIBILITY OF THE PROSPECTIVE PURCHASER (S) TO HAVE ALL INSPECTIONS COMPLETED PRIOR TO THE AUCTION DAY INCLUDING, BUT NOT LIMITED TO ROOF, STRUCTURE, TERMITE, ENVIRONMENTAL, GROUNDWATER, FLOOD DESIGNATION, PRESENCE OF LEAD-BASED PAINT AND/OR LEAD-BASED PAINT HAZARDS PRESENCE OF MOLD, ELECTRICAL, MECHANICAL, PLUMBING AND ANY OTHER DESIRED INSPECTIONS, IF ANY. INFORMATION GIVEN IS FROM SOURCES DEEMED RELIABLE BUT NOT GUARANTEED BY SELLER (S) OR THE REALTOR (S) /AUCTIONEER (S). ANNOUNCEMENTS MADE THE DAY OF THE AUCTION TAKE PRECEDENCE OVER ANYTHING PREVIOUSLY STATED, OR PRINTED, THERE WILL BE A 10% BUYERS PREMIUM or $3500 WHICH EVER IS HIGHER AT THIS SALE, THE BUYERS PREMIUM WILL BE ADD TO FINAL BID. EARNEST MONEY AMOUNT DUE AT THE AUCTION FROM THE HIGH BIDDER WILL BE $2,500