N Ash St, Wichita, KS 67214

2 Beds / 1 Baths • 886 SqFt
Offer Submission Deadline
  • Single Family House
  • 2
  • 1
  • 1910
  • 886
  • 6653
  • No Garage

Description

Investor Alert: N Ash St, Wichita, KS 67214

Introducing a prime investment opportunity in the vibrant area near Old Town. This 2-bedroom, 1-bathroom single-family home offers 886 sq ft of living space on a 6,653 sq ft lot. Built in 1910, it presents a perfect canvas for investors looking to enter the rental market or expand their portfolio.

Key Property Details:

  • Location: Ideally situated near Old Town, providing easy access to local amenities, entertainment, and dining—enhancing its rental appeal.
  • Investment Potential: With a low starting bid of just $58,000, this property offers substantial room for value addition through modest upgrades or a full renovation.
  • Tax Advantage: Benefit from an exceptionally low annual tax rate of only $276, making it an even more attractive investment.

Financial Overview:

  • Starting Bid Price: $58,000
  • Minimum EMD: $2,500

This property is an excellent choice for investors seeking a straightforward project with significant upside potential. Located in a desirable area near Old Town, it offers great appeal as a rental unit due to its proximity to popular amenities and attractions. Take advantage of this opportunity to secure a profitable investment in a thriving community.

Estimated Spread

  • ARV $125,000
  • Price $58,000
  • Spread $67,000

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