535 N Boyd St, Wichita, KS 67212
Online only auction, bidding closing April 30th at 3:30 PM. Investor special with serious cash flow potential! This ranch-style home sits on a corner lot in a convenient west Wichita location near Central Ave between I-235 and Ridge Rd — easy access to everything the city has to offer. The main home is a 1,024 sq ft, 2-bedroom, 1-bath ranch featuring a spacious living room, eat-in kitchen with a pass-through to the dining room, a primary bedroom with walk-in closet, and a utility room. The layout is functional and the bones are solid. What truly sets this opportunity apart is the second home on the same lot, which offers an additional 2 bedrooms, 1 bathroom, and 1,044 sq ft of living space with its own separate driveway off Vermont Street. Live in one and rent the other, or rent both for maximum returns. With a little sweat equity, both homes could be generating strong rental income in a market that continues to demand affordable housing. And the opportunity doesn't stop there — a third structure/shed on the property has real potential to be converted into additional living or rental space, adding even more value for the right buyer. 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.The Seller reserves the right to accept any offer made prior to the auction's close, regardless of the current highest bid, only if the reserve price has not been met. In the event of an acceptable pre-auction offer, the auction will be immediately terminated and the highest bidder notified. Non-refundable earnest money deposit due at the conclusion of the auction in the amount of $5,000 Disclosures: Both homes use well water. Homes share an electric meter. Both homes are selling together only. The shed/building behind the home has what appears to be mold. Any items left in the building will be considered abandoned property and the responsibility of the buyer.
- Year Built: 1952
- Tot Bed: 2
- Tot Baths: 1
- Garage: 0
- TFLA: 1,044
- Basement: None
- Gen Tax: $2,011.00/YR
- Yr Spec: $0.00/YR
