Bidding Opens: 5:30PM ~ Tue., June 22, 2021
Bidding Closes: 5:30PM ~ Tue., June 29, 2021
VIEWING: SUN., JUNE 27 ~ 2:30-4:30PM
This fully rented duplex is generating $2,030 monthly rental income at the current rental rates with year-to-year tenants. Each unit is identical with 3 bedrooms, 1.5 baths, and approx. 1,408 Sq. Ft. Unit A is paying $980/month rent and Unit B pays $1,050/month. Each tenant pays their own utilities. The entire roof was replaced 3-4 years ago. This is a great opportunity to add to an existing inventory of investment properties.
Bidding Notice:
Property will sell as-is. Information was obtained from sources considered reliable. However, the auction company does not guarantee the accuracy of this information. Said information is subject to change availability or update without notice. Seller/Landlord & Auction Company make no representation as to the environmental condition of the property and recommend that Purchaser/Tenant obtain an independent investigation. Successful bidder will be required to sign an Auction Sale and Purchase Contract.
Auction Notice:
Terms: $5,000 Downpayment on Real Estate; Balance Due in 30 Days; 5% Buyers Premium; Any announcement made day of sale takes precedence over any printed material; List subject to change without notice. Successful bidder will be required to sign an Auction Sale and Purchase Contract.
ALL OUT OF STATE BIDDERS: A $1,500 HOLD MUST BE PLACED ON A VALID CREDIT CARD FOR YOUR BIDS TO BE APPROVED. Please contact our office at 618-234-8751 to set up the required hold.