Duplex Investment Opportunity | Massillon, OH | KIKO Auctions and Auctioneers
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1 326 & 326 1/2 Commonwealth Ave NE
Massillon, OH 44646

Duplex Investment Opportunity

Tuesday, July 19, 2016 - 6:00 PM   -   Real Estate Sells at: 6:00 PM
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Duplex Investment Opportunity
Great Rental History – Detached Garage
Stark County – Massillon City Schools
Owners downsizing portfolio, absolute auction, sells to the highest bidder on location:
326 & 326 1/2 Commonwealth Ave NE, Massillon, OH 44646
Directions: Take 5th St. NE north of Lincoln Way (Rt172) (5th St. turns into Amherst Rd) to Commonwealth Ave. and left to auction.
Unit #1: (326 Commonwealth) main level having kitchen, living room, and dining area. Second level having three bedrooms with full bath and attic storage. Current tenant has been there approx. 9 years paying $545 per month, plus utilities. (Owner pays sewer)

Unit #2: (326 1/2 Commonwealth) ranch style unit having one bedroom, full bath, kitchen, and living room. Current tenant has been there approx. 4 years paying $315 per month, plus utilities. (Owner pays sewer)

ADDITIONAL REAL ESTATE FEATURES: All situated on nice 50’x130’ corner lot with detached two-car garage. Built in 1905 having approx. 2,102 sq. ft. living area, and 1/2 real estate taxes are $517.35. New roof shingles in 2002, new hot water tanks in 2012 & 2016, and new cement front steps in 2016. Gross yearly income is $10,320. Great investment opportunity, take advantage! Open for inspections starting at 5:00 PM auction day.
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Real Estate Terms
15% down auction day, balance due at closing. There will be a 10% buyer’s 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. 
Auction By Order Of
Donald & Sally Kidd
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Auction Team
Jeff R. Kiko
Jeff R. Kiko,
330-455-9357 ext 164

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