2 Bedroom 1 Bath El Dorado Kansas Investment/Rental Property For Sale
*AUCTION WILL BE ONLINE ONLY*
Bidding will begin on November 29, download the Sundgren Realty app today!
PROPERTY ADDRESS: 225 S Poplar St, El Dorado, KS 67042
PROPERTY DESCRIPTION: 2 bedroom 1 bath home located in El Dorado, Kansas. This property has excellent rental income potential, making it a great investment opportunity. A refrigerator and stove/oven will be included. There is a covered front porch, living room and dining room, plus a laundry room off the back of the kitchen. The house has a partial basement. Rent ready right now, or a great winter project!! Invest in Real Estate!
LEGAL DESCRIPTION: S/2 Lot 21 and N/2 lot 23 Block 3, East 8′ of vacated Alley, Cory’s ADD to the City of El Dorado.
2020 GENERAL AND SPECIAL REAL ESTATE TAXES: $595.00
TERMS: Bidding will close at 4:00 PM on Thursday December 9, 2021 or once no additional bids have been placed for 2 minutes. There will be a 10% buyers premium added to the high bid to determine the contract price. The successful high bidder shall be required to sign the real estate purchase contract linked above and be purchasing the property subject to the preliminary title search report also linked above. Non refundable earnest money is $2,000 due within 24 hours after the conclusion of the auction via check delivered to 218 E Central Ave, El Dorado Kansas unless other arrangements have been made by Buyer prior to bidding. The balance shall be due upon Sellers submission of merchantable title and closing. Closing date shall be on or before December 30, 2021. Closing fee and title Insurance fee will be split 50/50 between Seller and Buyer. Selling subject to easements, restrictions, roadways and rights of way. This property is not selling subject to financing, inspections, or appraisal. Interested buyers need to view the property prior to the date of the auction and have financing available and any inspections performed prior to bidding. All pertinent information is available upon request.