Investment Property Opportunity

Thursday, March 14, 2013

Auction Starts: 5:30 PM - Real Estate: 5:30 PM

Investment Property Opportunity
3 Unit Rental Property located Near Mount Union College
All Units are Occupied – Separate Gas & Electric

Absolute Auction, property sells on location to highest bidder.

640 S Rockhill Ave Alliance, OH 44601

Directions: From State Street, turn on S. Rockhill to auction.

Real Estate consists of a total of three 2-bedroom units and is situated as follows. The first floor unit in the main building consists of 2 bedrooms, living room, 2 full bathrooms, eat-in kitchen, dining area, and full basement. The second level offers 2 bedrooms, bathroom, eat-in kitchen, living room and attic area. The third unit is situated over the 3-car garage and offers, 2 bedrooms, eat-in kitchen, and living room. All tenants pay their own gas and electric. Owner pays water and trash. Total rents per month are $1385.00. Taxes are $1262.42 per year. Insurance per month $85.00 and average water bill is $105.00 per month. All showings auction day 1-hour prior to auction.

Real Estate TermsTerms on Real Estate: 15% down auction day, balance due at closing. There will be a 10% buyer premium added to the final bid to determine the purchase price. Any desired inspections must be made prior to bidding. All information contained herein was derived from sources believed to be correct.

Auction Order OfAuctioneer/Realtor: Realtor Randy L. Compton CES & CAI 330-704-5702