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AUCTION - REAL ESTATE Investment Property

MEGA AUCTION PROPERTY - Brick Six Unit Investment Property in Lebanon. Fully occupied.
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MEGA AUCTION PROPERTY

Home Tour: Monday, May 10th at 5pm.

 

Brick Investment Unit

6-Units

**Recently update electric hot water heaters and electric baseboard heating.

4 - One bedroom units

1 - Two bedroom unit

1 - Three bedroom units (1.5 Baths)

Lot Size: 68 x 219 (0.38 Acres)

Taxes approx. $2,800

Full, unfinished basement

On and off street parking

Lebanon city schools


 

Owner pays for water, sewer/trash, and unit #1 electric as owner's meter.

Tenants pay for electric, heating (electric)

 

Rents are as follows:

Unit 1 (1-bedroom) - $370

Unit 2 (2-bedroom) - $525

Unit 3 (3-bedroom) - $665

Unit 4 (1-bedroom) - $430

Unit 5 (1-bedroom) - $350

Unit 6 (1-bedroom) - $375



Terms: A 10% deposit will be collected on the day of the auction with the balance to be paid in 60 days. A three percent buyer's premium will be collected on the final purchase price.