Real Estate comprises all-brick 3-story apartment building. Updated shingle roof (approx. 10 years) and updated windows (approx. 13 years). Common hallways, central coin op laundry, 28 blacktop parking spaces. All electric baseboard heat with wall A/C units. Tenants pay electric, landlord pays water, sewer, trash, snow, lawncare. All appliances transfer (stove & refrigerator each unit). 5 very large one-bedroom units, 12 smaller one-bedroom units, and one efficiency apartment. Monthly gross rents $7,230.00 at 100% occupancy. Current taxes are $5,469 per half year. Property has been well maintained. Better take a look!
Note: Property open at 12 noon auction day for viewing. Come prepared to buy!
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Real Estate Terms
10% 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. Information is believed to be accurate but not guaranteed.