AUCTION ID #: 429322 Bookmark and Share
Orlando Area Florida, Investor Deals, Great Rental/ Rehab Deals
Item 429322  
Final Bid: USD $0
Number of Bids: 0
Your Bid Status: Login to view status
Reserve: Not Met
Status: Closed
Auction Started: 11-17-09    01:18 PM ET
Auction Closed: 11-24-09    01:18 PM ET
Asset Details
Seller Information
Seller Name: EquityShareLLC
Rating: Not yet rated
Location: 5110 Old Cheney Hwy
Orlando, FL    32807
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Bid Increment: $2,500
Shipping Cost: SEE DESCRIPTION BELOW
Minimum Bid: $70,000
Auction Type: Regular Auction
Source: Private Auction
Deposit Required: $0
Overtime Period: 5 min
Buyer's Premium: 10.0%
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Item Specifics
 
Residential Properties  
  Address 5110 Old Cheney Hwy
Orlando, FL 32807
United States

Asset Description

Orlando Area Florida. Wholesale Investor Deal.
Check Our Other Auctions.
All Residential Property is for Cash Only Buyers
Our properties are ideal for investors looking to rehab and flip, wholesalers and landlords looking to hold and rent.
You can of course purchase a property as an individual for your own use.

Property Details:
5110 Old Cheney Hwy, Orlando, Florida 32807

4 bd. / 3 ba.

2310 sqft.

Built in 1947

Vacant – Call for instructions!

WOW! Here’s an excellent opportunity to own a duplex near Baldwin Park. Property is located in a good rental area only 10 minutes to Downtown and 20 minutes to UCF. This property is block consisting of a 2/2 and a 2/1 on an ENORMOUS lot! Needs very little rehab. This is definitely a cash flow monster…and definitely one of the cleanest duplexes available. SOLD IN ‘82 FOR $110K!!!! Originally a single family home, converted to investment quality duplex with 2 separate living units. Some updates since year built. Potential 3-bedroom, 2-bath on one side and 2-bedroom, 1-bath on other with a 2-car carport. This is a fantastic long-term cash flow property. Go see it today before it’s gone! Needs ($5K MAX) paint, cosmetic updates and kitchen cabinets in one kitchen.

VALUES:

-Tax Assessed: $85,982 (09)

-Market Rent: $850-$1000/month X 2 Units

ESTIMATED REHAB = $5k

Status: Available

Property Details:
Address: 5110 Old Cheney Hwy
Orlando, Florida 32807
Price: $79,900.00
Type: Duplex Bedrooms: 4
Stories: 1 Bathrooms: 3
Square Feet: 2310
 

Link to Map:  Click Here

Link to Property Appraiser Site:  Click Here   (you may need to type in the property address)

Note: In the event that a listed property requires work, we are more than happy to take care of the repairs for you.
Note: Got questions? Please see our Q&A page. Click Here for the PDF.

Before you ask the question, here is the answer!!
There Are NO Back Taxes, Liens or Encumbrances On This Property.
There Are NO Back Taxes, Liens or Encumbrances On This Property.
There Are NO Back Taxes, Liens or Encumbrances On This Property.  

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Maps & Area Information

Additional Details
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PLEASE READ CAREFULLY- Bid4Assets Real Estate Buyer Responsibilities

Some sellers buy large "pools" of under-valued properties from banks. The seller may not inspect every property prior to sale. The seller represents these properties to the best of their knowledge. In some rare cases, property may have severe damage or be subject to county/city orders not described in the auction. It is highly recommended that interested bidders arrange for an external inspection personally or through a designate and that they contact the county or city in which the property is located to confirm the status of the property.

Bid4Assets reminds all potential real estate bidders that it is your responsibility to complete all due diligence needed to determine the condition, market value, or investment value of this asset prior to placing a bid. Necessary due diligence items may include, but are not limited to, a) a satisfactory inspection of the property b) completion of a title search c.) investigating back property taxes and D.) other - liens and encumbrances such as unpaid utility bills.

By placing a bid, you acknowledge that any statements made by the seller about the condition or market value of the property are subjective, and do not release you from your responsibility to perform due diligence. Please contact Bid4Assets if you believe that a seller is intentionally misrepresenting a property in their auction.

Settlement Requirements
  • This auction requires that the winning bidder pay a Buyer's Premium of 10.00% of the winning bid amount. (The Buyer's Premium covers the costs associated with the auction). This amount will be added to the winning bid and will be included in the total purchase price paid by the Buyer to the Seller.
  • Certified/Cashier's Check
  • Wire Transfer
  • Money Order
  •