E) Duplex 2-BR, 1.5 BA Unit & 1-BR, 1-BA Unit on 1.32 +/- Acres

Real Estate Auction in 1645 S. Cypress St., Wichita, Kansas, United States

22 Thursday
22nd July, 2021 12:00 PM

E) Duplex 2-BR, 1.5 BA Unit & 1-BR, 1-BA Unit on 1.32 +/- Acres

Real Estate Auction in 1645 S. Cypress St., Wichita Kansas, United States

Thursday at - 22nd July , 2021

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ONLINE ONLY!!! Don't miss this opportunity to own a spacious duplex in east Wichita! This unique duplex sits on 1.32 +/- acres just south of Harry street near the Aragon apartments, and just minutes away from all local amenities. The property features numerous raised, irrigated flower beds, large mature shade trees, a small storage shed, and a 6+ space parking lot. The exterior of the duplex is stucco and has a tile roof, brick sidewalks, a long covered front porch, and the rear of the home features a large patio accessible by the second, unfinished unit.

Currently, one of the units is finished and is rented by a long term tenant for $900/per month. The living room of this unit has a wood burning fireplace with a stone hearth, carpeted floors, wood beams across the ceiling, and wood panel walls. Next you will find the kitchen that includes a long eating bar with overhead storage space, ample cabinet space, and includes a stove/range, microwave, dishwasher, and refrigerator. The kitchen is equipped with tile flooring and eating space. 

The primary bedroom features nice hardwood floors, wood panel walls/ceilings, and a double door closet. The primary bathroom has a single vanity, tile floor/walls, closet storage space,  and a combination shower/bathtub. The second bedroom has carpeted floors, wood panel walls, and large windows that provide plenty natural light! A half bathroom with a single vanity and cabinet space concludes the unit.

The second unit is currently unfinished, however, it has the potential to be a 1- bedroom, 1-bathroom unit with a nice sized living room with wood burning fireplace and access to the spacious back patio!

At this time the two units share a long sunroom that is currently being used as a greenhouse/workspace. This area could be finished, or could be converted to a shared storage space, or even a relaxing sunroom/reading room!

The yearly income for this property is currently $10,800, but with a little work you could easily double that income to $20,000+ per year! You won't want to miss out on this excellent investment opportunity!

Property offered at ONLINE ONLY auction. | 10% Buyer's Premium will be added to the final bid. | BIDDING OPENS: Tuesday, July 6th, 2021 at 2:00 PM (cst) | BIDDING CLOSES: Thursday, July 22nd, 2021 at 2:40 PM) (cst).  Bidding will remain open on this property until 1 minute has passed without receiving a bid. Property available to preview by appointment.

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ONLINE ONLY!!! Don't miss this opportunity to own a spacious duplex in east Wichita! This unique duplex sits on 1.32 +/- acres just south of Harry street near the Aragon apartments, and just minutes away from all local amenities. The property features numerous raised, irrigated flower beds, large mature shade trees, a small storage shed, and a 6+ space parking lot. The exterior of the duplex is stucco and has a tile roof, brick sidewalks, a long covered front porch, and the rear of the home features a large patio accessible by the second, unfinished unit.

Currently, one of the units is finished and is rented by a long term tenant for $900/per month. The living room of this unit has a wood burning fireplace with a stone hearth, carpeted floors, wood beams across the ceiling, and wood panel walls. Next you will find the kitchen that includes a long eating bar with overhead storage space, ample cabinet space, and includes a stove/range, microwave, dishwasher, and refrigerator. The kitchen is equipped with tile flooring and eating space. 

The primary bedroom features nice hardwood floors, wood panel walls/ceilings, and a double door closet. The primary bathroom has a single vanity, tile floor/walls, closet storage space,  and a combination shower/bathtub. The second bedroom has carpeted floors, wood panel walls, and large windows that provide plenty natural light! A half bathroom with a single vanity and cabinet space concludes the unit.

The second unit is currently unfinished, however, it has the potential to be a 1- bedroom, 1-bathroom unit with a nice sized living room with wood burning fireplace and access to the spacious back patio!

At this time the two units share a long sunroom that is currently being used as a greenhouse/workspace. This area could be finished, or could be converted to a shared storage space, or even a relaxing sunroom/reading room!

The yearly income for this property is currently $10,800, but with a little work you could easily double that income to $20,000+ per year! You won't want to miss out on this excellent investment opportunity!

Property offered at ONLINE ONLY auction. | 10% Buyer's Premium will be added to the final bid. | BIDDING OPENS: Tuesday, July 6th, 2021 at 2:00 PM (cst) | BIDDING CLOSES: Thursday, July 22nd, 2021 at 2:40 PM) (cst).  Bidding will remain open on this property until 1 minute has passed without receiving a bid. Property available to preview by appointment.

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