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Start or Build Your Real Estate Empire With This  Excellent 4 Unit Quadplex Property!
Please Do Your Due Diligence on this property. Any claims made in this ad are our opinions based on visual inspections. We are not building inspectors and make no guarantees or warranties as to the condition of the property
Address:
905-909 West Franklin, Elkhart, Indiana 46516
Huge Income Potential
Contains 4 apartments - 3 one bedroom units (rents for $500 per month each) and 1 two bedroom unit (rents for $650 per month).
Total potential monthly income is $2,150 once you fill this property with new tenants.
We reserve the right to end this auction early as this property is advertised elsewhere.
Serious Investors are Welcome to Bid
This home is being Sold, AS-IS, Where-IS, and with all Faults.
CASH SALE ONLY, You Must have the funds available or do not BID, We will require a Non-Refundable $2,000 down payment (Bank Wire or Certified Check) on this home within 24 hours of auction.
A Purchase agreement will be sent to Buyer within 24 hours and the Buyer will need to sign, date, initial and send back.
Full Amount will be Due within 7 days of Auction, sent by Bank wire or Cashiers Check. (Non-Negotiable)
Seller will provide Quit Claim Deed that will transfer this said Property From the Seller to the Buyer! Buyer will get a copy of the Deed within two weeks. The original deed will Be sent for recording, and Buyer will expect the original deed from recorder's office in 4-6 Weeks.
Please add 1,500 Dollars plus 10% buyer premium to Final Bid to cover Our Processing Fees. This will include All fees such as Preparing the deed, recording, etc.
This property is free and clear of mortgages. There are property taxes owed that must be paid by the buyer - taxes are owed for the 2008-2009 tax year. We just purchased it recently and secured a clean title with full title insurance.
Property is being Sold As-Is and will need some repairs/renovations however it is in relatively good shape and has solid mechanicals. Some repairs have already been started including plumbing, some electrical and some light carpentry. Please do your due dilligence.There are no warranties or guarantees implied or otherwise included with this property.
At the end of the auction you will need to provide your name, name to be on title, address so we can put that information on the purchase contract and deed. You must provide this information with your non refundable $2,000 deposit within 24 hours after the auctions end. You can email us to make payment arrangements (we accept bank wires and cashiers checks).
If you do not have the money, Please do not Bid. Failure to follow payment procedures after winning this auction will be reported as non performing bidder to Bid4Assets
Thank and if you have questions, let us know.
This property is advertised elsewhere and we reserve the right to end this auction early. Please contact us before bidding if you have negative feedback.
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