Open auction day beginning at 11:30 AM.
Real estate features a good, updated 7-unit townhouse apartment building. Good rental history, gross rents 2024 $97,312, 2025 $112,200. All are 2- or 3-bedroom units with 1 1/2 bath and one-car garage. One unit rented $1,120 per month plus utilities, all others are Airbnb and Furnished Finder rentals and will sell with furniture and appliances. Good cash flow either way you decide to rent. Gas furnaces and water heaters, separate electric. Landlord pays common electric, water, and trash. Building was built in 1964 but has been updated nicely and sits on .40-acre lot next to Sandrun Metro Park. Asphalt parking. Contact Matt Kiko for more info and P&L statements.
Real Estate Terms
10% down auction day, balance due at closing. A 10% buyer’s premium will be added to the highest bid to establish the purchase price. Any desired inspections must be made prior to bidding. All information contained herein was derived from sources believed to be correct. Information is believed to be accurate but not guaranteed.