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Four-Plex Brick Efficiency Apartments With Carport Garage

Monday, November 29, 2021 - 5:00 PM   -   Real Estate Sells at: 5:00 PM
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Investment Real Estate
Four-Plex Brick Efficiency Apartments With Carport Garage – Salem, OH
Owner retired. Absolute auction, all sells to the highest bidder on location:
193 Rose Ave, Salem, OH 44460
Directions: Take E. State St. just east of downtown by St. Pauls church and north on Rose. Watch for KIKO signs.
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Units open for inspection one hour before auction. (4) one-bedroom efficiency units, center hall, separate utilities, total electric, built 1979, 1,419 sq. ft. in each level, two story, brick with asphalt shingle roof, 5-bay garage in rear, 4 open, 1 enclosed, Taxes $792.81 1/2 year. Good rental history. Needs a little TLC. Great location. Current gross rent is $1,570 a month.
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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. 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
Russell T. Kiko Jr.
Russell T. Kiko Jr., C.A.I.
330-455-9357 ext 115
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