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| AUCTION ID #: 428052 |
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| Duplex - Detroit Michigan - 1/4 Acre Lot with Duplex |
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| Final Bid: |
USD $0 |
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| Number of Bids: |
0 |
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| Your Bid Status: |
Login to view status |
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| Reserve: |
No Reserve! |
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| Status: |
Closed |
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| Auction Started: |
11-01-09 10:00 AM ET |
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| Auction Closed: |
11-07-09 03:00 PM ET |
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This auction has been amended by the Seller on Nov 01, 2009 at 12:05 PM prior to any bids being placed.
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| Item Specifics |
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Address |
4557-4559 Bangor
Detroit, MI 48210
United States |
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County
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Wayne
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Lot Size
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11000 sq. ft
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Number Of Bedrooms
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4.00
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Number Of Bathrooms
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2.00
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Year Built
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1929
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Water
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public
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Sewer
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public
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| Asset Description |
This duplex with its 11,000 square foot lot, and great location - near three hospitals - is up for auction.
Plenty of room to get permit to build another building, maintain the taxes, and make a profit when the market - already starting to recover - takes an upswing.
House needs rehab at which time you can get around 600-800 per unit.
Great opportunities abound in Detroit. Believe it or not, this area will recover and you will make a lot of money.
Your bid is the bid amount plus a 10% buyers fee. Happy Bidding.
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| Additional Details | | For more information about this asset including photos, specs and more (when available), click here. |
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Bid4Assets Real Estate Buyer Responsibilities
Bid4Assets reminds all potential bidders on real estate 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, and b) the satisfactory completion of a title search.
By placing a bid, you acknowledge that any statements made by the seller pertaining to the condition or market value of the property are subjective, and do not release you from your responsibility to perform a due diligence review.
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| 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. |
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| Certified/Cashier's CheckWire Transfer |
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