Real estate features a 6-unit apartment building built in 1980 w/ 5,060 SF living area. 60’ x 20’ 3-sided carport. Building has 3 units on the main level and 3 units on the second level. Building also has (2) 1-bedroom units, (4) 2-bedroom units, and coin-operated laundry room. Electric baseboard heat. Tenants pay their own electric. Landlord pays for water, trash, and common area electric. $2,640 gross monthly rent ($31,680 gross yearly rent). All tenants are currently month-to-month. Great opportunity! Cash income producing property. Open auction day starting at 10:00 AM.
Real Estate Terms
15% 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.