Two Triplexes – Salem, OH - All Sells As A Unit – Six One-Bedroom Units - Large Lot With City Utilities | Salem, OH | KIKO Auctions and Auctioneers
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1 306 & 312 Fourth St W
Salem, OH 44460

Two Triplexes – Salem, OH - All Sells As A Unit – Six One-Bedroom Units - Large Lot With City Utilities

Tuesday, August 22, 2017 - 6:00 PM   -   Real Estate Sells at: 6:00 PM
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Additional Documents
  • Apt PL - Sheet1.pdf
  • Investment Real Estate
    Two Triplexes – Salem, OH
    All Sells As A Unit – Six One-Bedroom Units
    Large Lot With City Utilities
    Absolute auction, seller has other interest, this well-maintained property sells to the highest bidder on location:
    306 Fourth St. W, Salem, OH 44460
    Directions: Take N. Ellsworth north off W. State St. in Salem to W. Fourth St. and left. Watch for KIKO signs.
    Note: Open for inspection 4:30 to 6:00 PM auction day.

    Two buildings – six total units – all presently rented – all one-bedroom, 600+ sq. ft. units with all separate utilities, appliances, vinyl siding, new painted steel metal roof – city utilities. Good rental history 5 are $425 and one is $375 plus utilities – nice condition. Open sale day 1 1/2 hours until auction time. You’ll like these. Convenient location. Good money maker! All tenants are on time and long term. Please respect their privacy and property when considering.

    Built 1983 & 1988
    All separate utilities
    Yearly RE taxes $2,765
    Rents: 5 units $425, 1 unit $375 plus all utilities
    Electric baseboard heat
    All units have one month deposits
    Landlord pays trash
    Both buildings have new steel roof
    Thermo windows
    100 amp breakers
    Nice landscaping
    Good rental history
    Easy to maintain
    Laundromat across the street
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    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, which goes to the seller. 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
    Jesse & Rachel Brunk
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    Auction Team
    Russell T. Kiko Jr.
    Russell T. Kiko Jr., C.A.I.
    330-455-9357 ext 115

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