Investment Opportunity – 3 Auctions – Akron, OH | Akron, OH | KIKO Auctions and Auctioneers
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1 2227 6th St SW
Akron, OH 44314
2 2324 22nd St SW
Akron, OH 44314
3 2387 & 2389 29th St SW
Akron, OH 44314

Investment Opportunity – 3 Auctions – Akron, OH

Wednesday, March 23, 2016 - 1:00 PM   -   Real Estate Sells at: 1:00 PM
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Investment Opportunity – 3 Auctions – Akron, OH
AUCTION 1 – Four Unit Apartments w/Parking Lot – 2227 6th St SW
AUCTION 2 – Duplex Home – 2324 22nd St SW
AUCTION 3 – Duplex Home – 2387 29th St SW
Absolute Auction, All properties sold to the highest bidder(s) at Auction #1 location:
2227 6th St SW, Akron, OH 44314
Directions: Take Kenmore Rd west of SR 93 to 6th St, then south to address.
AUCTION #1: (2227 6th St SW, Akron, OH) Comprises four unit apartment complex with parking lot, two parcels, detached garage. Landlord pays gas, water & electric. 2 Furnaces approx. 5 yrs. Rents range $400 - $450 per month. Some updated windows. Some appliances transfer. (three) 1 bedroom units and (one) 2 bedroom unit. Taxes $1,122.93 per ½ year for both parcels.
AUCTION #2: (2324 22nd St SW, Akron, OH) Comprises nice duplex home. Occupied each unit, $350 up and down plus utilities. Landlord pays water. 2 Furnaces, 2 water heaters. Long term tenants. Current taxes $494 per ½ year. 2 Bedrooms each unit.
AUCTION #3: (2387 29th St SW, Akron, OH) Comprises corner lot, updated shingle roof, approx. 2006-2007, updated new windows, rents $525 down and $500 upstairs. Landlord pays utilities. 2 bedrooms each unit. Taxes $548.25 per ½ year.
NOTE: Homes open auction day at 12 noon! Auction held at location #1 site.
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Real Estate Terms
20% down on each property 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. Information is believed to be accurate but not guaranteed.
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Auction Team
George P. Kiko
George P. Kiko,
330-455-9357 ext 156

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