Progressive Reserve Auction (Not a live auction). NO EXTRA BUYER FEES! SUBMIT OFFERS NOW! Auction date is deadline for bids which are reviewed daily. Seller may accept an offer at any time. List Price is the Suggested Starting Bid. Welcome to this great investment opportunity to own this fully occupied 4 unit apartment complex! Loaded with tons of potential throughout, put your money to work for you! Property also consist of a large outbuilding great for additional storage space. Awesome location close to many amenities, what more could you ask for? Call Today... COMPLETE PROFIT ZONE!!
Live in one unit and let the rental income from the other two units pay your mortgage. Many updates for less headaches. Coin laundry onsite for tenants (unit #3 could have its own separate laundry for owner occupant). Two new furnaces. New roof 2013. New window a/c in unit 2. Unit #3 newer kitchen floor and tub surround. Ample parking. Walk to downtown and busing.
Owners downsizing, absolute auction, sells to the highest bidder on location:Tuesday April 28th, 2015 5:30PM
FIXER UPPER DUPLEX
Portage County Ravenna City Schools
DUPLEX FEATURES: Up/down duplex situated on 66 x154 lot. Main level having kitchen w/dining area, living room, two bedrooms, possible third bedroom and full bath. Rent previously was $450 per month plus utilities. Upper level has kitchen w/eating area, living room, one bedroom and full bath. Previous rent was $350 per month plus utilities. Owner pays water, all separate utilities w/two modern gas furnaces. Full basement w/ separate electric boxes. Half taxes are $470.68. Great location, close to downtown. Open auction day only at 4:30PM for inspection.
TERMS ON REAL ESTATE: 15% 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.