AUCTION ID #: 453813 Bookmark and Share
Rental Property for Sale - Earn $775 Per Month Rent Instantly
Item 453813  
Final Bid: USD $6,000
Number of Bids: 6
Your Bid Status: Login to view status
Reserve: Not Met
Status: Closed
Auction Started: 07-16-10    04:24 PM ET
Auction Closed: 08-03-10    04:24 PM ET
Asset Details
Seller Information
Seller Name: jdphk
Rating: Not yet rated
Location: 3250 Blackfoot Ln
Rex, GA    30273
View Seller's other items
 
 
Bid Increment: $500
Shipping Cost: FREE SHIPPING
Minimum Bid: $1,000
Auction Type: Regular Auction
Source: Private Auction
Deposit Required: $0
Overtime Period: 5 min
Buyer's Premium: 10.0%
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Asset Information Additional Details Your Bid History
Item Specifics
 
Residential Properties  
  Address 3250 Blackfoot Ln
Rex, GA 30273
United States
  County Clayton
  Lot Size .045 acres
  Number Of Bedrooms 3.00
  Number Of Bathrooms 2.00
  Living Space 1,225.0
  Year Built 1988
  HOA Fee $0.00 monthly
  Annual Taxes $780.00
  Gross Monthly Rent $775.00
  Property Condition excellent
  Water city
  Sewer city
  Heating System central
  Cooling System central
  Occupancy Tenanted
  Display Maps Yes

Asset Description

 

RENTAL PROPERTY FOR SALE
Instant Rent Income of $775 Per Month
(Beautiful 3 beds, 2 baths home)
 
You are bidding on the FULL purchase price. 
 
The “Reserve” bid is set at less than $34K
 
Free and Clear Title with NO liens or mortgage
 
 “TITLE INSURANCE PROVIDED”
 
Property address: 3250 Blackfoot Ln, Rex, GA, 30273
 (located southeast of downtown Atlanta, GA)
 
Tenant’s lease and deposit of $775 will be transferred to you at closing.
 
Tenants are on a one year lease that ends on November 30, 2010 and they intend on renewing the lease.
 
2010 Property taxes: estimated $780
 
No POA dues
 
House is in a very nice and beautiful neighborhood and on a cul-de-sac lot
 
Property is in excellent condition and need no repairs.
 
All schools are within 1 mile
 
Call Doug @ (770) 519-2225 for more information
 
Amenities:
 3 bedrooms, 2 full bathrooms
 NEW Stove and Refrigerator (purchased in October 2009)
 Deck, 1 Car Garage, Fireplace
Family and Dining areas
Dishwasher and Washer/Dryer hookup
Security system and motion sensor exterior lights
 
 
Property Description
Parcel #12138D B038
Year build: 1988
Style: Ranch
Bathrooms: 2 full - Bedrooms: 3
Garage – 1 car
Exterior: Wood siding
Crawl space - Attic: none
Central Heat (gas) - Central AC (electric)
2009 taxes: paid in full
County: Clayton
 
                                                 
Sold “AS IS”:  Potential purchaser should do his/ her own due diligence prior to bidding on this property.  We are selling this home AS-IS WITH NO WARRANTIES EXPRESSED OR IMPLIED. Buyer to accept this property in its current As-Is condition. We have tried to provide as much information about the property as possible. We do not warrant any specific list of repairs.  All utilities are on and in good operational condition
  
 
Terms of Sale: You are bidding on the full price of the house and land. This is a CASH or BUYER FINANCE SALE ONLY.   We do NOT owner  finance.
 
The total price will be your winning bid plus a $900 processing fee and a 10% Bid4Assets Fee. We provide full Title Insurance on the property through Land Castle Title Company. You may select your own title company, but you will have to pay all fees and our $900 processing fee will still apply. If you are the winning bidder, you must make a $1,000 non-refundable deposit within 48 hours of winning the bid. The deposit will go towards the purchase price of the property. 
 
 
Please call and ask all questions prior to bidding:
             Call: Doug @ (770) 519-2225                                                               

Maps & Area Information

Additional Details
For more information about this asset including photos, specs and more (when available), click here.


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
  • Settlement Agent
  • Wire Transfer
  • Money Order
  •