Owner has plans permits and architectural drawings, also has 3rd party reputable appraisal for $197k, has a BPO from Coldwell Banker that will support a wonderful profit from this great rehab project. Large home floor plan to have 5 bedrooms 3 baths open floor plan all work that has been done is permitted and has been inspected to this stage of rehab ready to roll on with the city approval. Taxes will not be prorated. Zoned multifamily. Owes about 14k in back taxes . Diverse block, great neighbors, deed is quit claim but property has only two other owners and title is clean otherwise. The property is gutted to the studs needs plumbing, electrical drywall, hvac and finishes. Great money making potential rented or sold.


PROPERTY IS SOLD AS IS, WHERE IS-  

 

Winning bidder must contact the seller within 24 Hours after the close of the auction with full details of the buyer. Buyer will also be responsible for $500 deed prep and doc fee as well as 8 % premium.

10% non-refundable deposit (minimum $1,000) , auction premium (Minimum $250) and $500 deed preparation and doc fee are due within 48 hours of auction close.

Final Payment to be made within 1 week of the Auction close.

All bidders to do their due diligence. Property sold on a Quit Claim Deed with buyer assuming taxes and liens (if any). No statement anywhere, whether express or implied, shall be deemed a warranty or representation by the Seller regarding these assets. Buyers are responsible for fixing building code violations (if any).All buyers are deemed to have relied entirely on their own information, judgments and inspections of the property in making the decision to purchase the property.