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Start or Build Your Real Estate Empire With This Excellent 2 Unit Duplex 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
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 $1,000 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 of the Home 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 $500 Dollars 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. We just purchased it recently and secured a clean title with full title insurance.
Property is being Sold As-Is and will need repairs/renovations. 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 $1,000 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. Feel free to contact us with questions - we will try to respond as quickly as possible.
The Pro Am Companies offer real estate investment properties at affordable wholesale cash prices. We also offer seller financing terms with EZ approvals. You can get additional discounts on property prices and financing terms as a private investment client. Visit http://www.propasset.com for more information
You are Bidding on the full purchase price for this property. You must be a cash buyer to get this price. The property is also available with seller financing terms however you must contact us to purchase with the seller financing terms. The wholesale price in this auction is specifically for cash buyers - contact us if you want information on our seller financing options.
The address is 3608 N Newstead Avenue, St. Louis, MO 63115
An excellent opportunity to invest with low risk. This 2 unit duplex features a total of 3 bedrooms and 2 baths. One unit has 2 bedrooms 1 bath. The other is a 1 bedroom 1 bath unit. It is in the city of St. Louis. MO
We are offering this home with a $1 starting price. Our company purchases discounted property in bulk and makes it available to individual investors like you. Cash buyers can get this property through this auction for as much as 85% less than our regular sale price.
Please contact us if you would like to purchase this property with seller financing (contract terms). It is an option however the transaction is not available as part of this auction. This auction is exclusively for cash buyers. Once again this is a very limited time offer to get this property an 85% discount if you are a cash buyer.
Features of this property:
Just the Lot/Land is valued at more than $25,000 (This doesn't even include the Home, just the land)
Zillow value is $80,000
Homes in the area have sold for more than $100,000 depending on their size and age.
The rental income could easily exceed $1,000 per month once the property has been repaired and updated.
1,900 Square Feet
Unit 1 - 2 Bedrooms 1 Bath
Unit 2 - 1 Bedroom 1 Bath
Taxes: Only $375 Per Year
Outstanding Cash-Flow Property!
Great Investment!!!
This property needs some repairs. We have not conducted a thorough inspection and advise all buyers that the home is sold "AS IS WHERE IS".
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