The owners have moved our of state and are selling 3 properties at public auction including this residential duplex located on a corner lot. This is a residential duplex house on a commercial strip of land. The first floor 2 bedroom unit is currently rented for $450 per month, and the upper unit was last rented for $450 per month. Great income until you find a commercial use for the property. Tenants pay utilities. There is over 425 of frontage on the 2 roads of this cornet lot. This property can be purchase for a Buy-It-Now price of $75,000 plus a 10% Buyers Premium for a contract price of $82,500.00 OPENING BID on listing brokers website is only $60,000. a 10% buyers premium will be added to the final bid to establish the total contract price. Terms: $7500 non-refundable down payment, balance at closing within 45 days. Buyer to do due diligence to inspect property. Any desired inspections to be done PRIOR TO bidding
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Listing Courtesy ofAmerican Real Estate Spec.