Details
Click on any image to view larger.
6 units, all rented. Serious Cash Cow Here! Apt #1-three bedroom $750/month - Apt #2- efficiency $330/month - Apt #3-efficiency $330/month - Apt #4-one bedroom $500/month - Apt #5 one bedroom $460/month - Apt #6-one bedroom $420/month (Long term tenant). $2,790 Gross Rents, approx $800 monthly expenses. If property sells @ 200K = 12% cap/$185K = 13% cap/$170K = 14% cap. Current owner paid $166K in 2007 and has done 30K in renovations! Positive Cash Flow!
PUBLIC PREVIEW MONDAY MARCH 7th - Noon to 2PM
Auction Terms
TERMS: Property sold AS-IS. Only 10% down day of sale, closing on or before 30 days. Lead Based Paint assessment permitted 10 days prior to auction. 10% Buyer's Premium added to final bid to determine contract sales price. Announcements made day of sale take precedence over printed material & internet advertising.
Broker Participation Welcome. Must have bidders registered 24 hours prior to auction
Agent & Broker participation welcomed & encouraged. Must have potential bidders registered 24 hours before the auction, no exceptions. Go to "Agents & Brokers Tab" on homepage to download Broker Registration Form.
.