Real Estate Auction - Investment Property

Real Estate Auction - Investment Property

Four apartment units located in Lebanon.
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Auction - Real Estate - Investment Property:

A one-story, four unit brick apartment building to be offered.  Built in 1972, it sits on 0.31 acres and has over 4,000 square feet of living area.  Public water and sewer.  Patios and off-street parking for up to 8 cars.  Oil heat.  Taxes are approximately $5,100. Utilities in rent are water, sewer, oil and trash collection.  All units are in good condition.

 

Unit 1: 3 bedroom and 1 bath.  Living room, kitchen and dining area.  Currently rented @ $725.00/month.

Unit 2: 2 bedroom and 1 bath.  Living room and kitchen.  Currently rented @ $725.00/month.

Unit 3: 2 bedroom and 1 bath.  Living room and kitchen.  Currently rented @ $725.00/month.

Unit 4: 2 bedroom and 1 bath.  Living room, kitchen and dining area.  Electric baseboard heat.  Currently rented @ $700.00/month.

Terms:

A ten percent (10%) deposit is required day of sale.  A three percent (3%) Buyer's Premium will apply to the final purchase price and settlement will occur in forty-five (45) days.