|
| AUCTION ID #: 428064 |
|
|
|
![]() |
| Michigan - 80 Property Portfolio - PRICE REDUCED EVEN MORE - BUY NOW! |
![]() |
 |
|
 |
| Final Bid: |
USD $0 |
|
| Number of Bids: |
0 |
|
| Your Bid Status: |
Login to view status |
|
| Reserve: |
No Reserve! |
|
| Status: |
Closed |
|
| Auction Started: |
11-02-09 11:00 AM ET |
|
| Auction Closed: |
11-10-09 06:00 PM ET |
|
|
 |
|
|
 |
|
|
|
| Asset Description |
|
FOR SALE: 80 HOUSE PORTFOLIO IN FLINT AND MT. MORRIS, MICHIGAN. THE AUCTION IS FOR THE FULL PURCHASE PRICE OF THE PROPERTIES. THE AUCTION STARTS AT $136,000 FOR THE 80 HOUSE PACKAGE.
$1,700 PER HOUSE
THESE ARE INVESTMENT PROPERTIES. SOLD ON QUIT CLAIM DEEDS. PLEASE DO YOUR DUE DILLIGENCE BEFORE BIDDING.
THE HOUSES ARE SOLD AS-IS. PLEASE INSPECT THESE PROPERTIES BEFORE BIDDING.
CONDITION: THIS IS A GREAT CHANCE TO FLIP THESE PROPERTIES OR FIX AND RENT THEM OUT. THE HOUSES RANGE FROM GOOD TO VERY POOR. SOME OF THESE HOUSES ARE OCCUPIED AND SOME ARE VACANT. NONE OF THE HOUSES ARE CURRENTLY RENTED. THIS IS THE LOWEST WHOLESALE PRICE YOU WILL FIND FOR THE AREA. THIS IS A GREAT TIME TO INVEST IN REAL ESTATE WHILE THE MARKET IS DOWN. PLEASE CONTACT US BEFORE BIDDING .
THE HOUSES HAVE TAXES OWED. EACH HOUSE HAS 1 OR 2 YEARS OF TAXES OWED. PLEASE CONTACT THE COUNTY TREASURER FOR THE EXACT AMOUNT.
RENTAL POTENTIAL: RENTS GO FOR AROUND $400 PER MONTH X 80 HOUSES TOTALS $32,000 PER MONTH & $384,000 PER YEAR. OFCOURSE THESE PROPERTIES NEED WORK BEFORE BEING RENTED. THE AMOUNT OF WORK IS UNKNOWN. WE DO NOT HAVE ANY INSPECTION REPORTS.
LOCATION: THESE PROPERTIES ARE SPREAD OUT THROUGH FLINT & MT. MORRIS. THE CURRENT CONDITIONS OF THE PROPERTIES ARE UNKNOWN. WE ONLY HAVE OUTSIDE PICTURES. EVERYTHING WE KNOW ABOUT THESE HOUSES IS IN THE LISTING. SOME OF THE PROPERTIES HAVE BEEN POSTED OR ON A DEMOLITION LIST. IT IS THE BUYERS RESPONSIBILITY TO RESEARCH THIS. THE PICTURES IN THE LISTING ARE THE ACTUAL PROPERTIES & WERE TAKEN 12/08.
| Parcel Number |
Assesed Value |
Address |
City |
Zillow Value |
Parcel Image |
| 11-19-551-059 |
$19,200 |
1404 E JULIAH |
MT. MORRIS |
$20,000 |
Click Here |
| 11-19-553-187 |
$12,200 |
1153 E GENESEE |
MT. MORRIS |
$25,000 |
Click Here |
| 14-24-526-024 |
$44,600 |
1049 HARVARD |
MT. MORRIS |
$25,000 |
Click Here |
| 14-24-552-110 |
$20,600 |
1090 N CORNELL |
MT. MORRIS |
$22,000 |
Click Here |
| 14-24-553-032 |
$41,000 |
1173 PRINCETON |
MT. MORRIS |
$22,000 |
|
| 14-24-576-209 |
$7,200 |
1242 TREMONT |
MT. MORRIS |
$23,000 |
Click Here |
| 14-24-576-222 |
$38,000 |
1330 TREMONT |
MT. MORRIS |
$25,000 |
Click Here |
| 14-24-576-274 |
$22,400 |
1411 KNICKERBOCKER |
MT. MORRIS |
$24,000 |
Click Here |
| 14-24-577-248 |
$27,200 |
1338 JULIAH |
MT. MORRIS |
$30,000 |
Click Here |
| 14-34-577-143 |
$34,600 |
3028 ROANOKE |
MT. MORRIS |
$25,000 |
Click Here |
| 14-34-577-177 |
$12,200 |
3050 BERTHA |
MT. MORRIS |
$22,000 |
Click Here |
| 14-34-577-207 |
$17,200 |
3050 MYRTLE |
MT. MORRIS |
$23,000 |
Click Here |
| 40-01-128-007 |
$36,800 |
205 W JAMIESON |
FLINT |
$67,000 |
Click Here |
| 40-01-155-002 |
$24,800 |
2612 DUPONT |
FLINT |
$30,500 |
Click Here |
| 40-01-160-016 |
$30,000 |
2511 MASON |
FLINT |
$27,000 |
Click Here |
| 40-01-255-013 |
$19,400 |
206 E JACKSON |
FLINT |
$26,000 |
Click Here |
| 40-01-256-024 |
$27,400 |
127 E RANKIN |
FLINT |
$25,500 |
Click Here |
| 40-01-407-016 |
$25,800 |
2300 ALEXANDER |
FLINT |
$25,000 |
Click Here |
| 40-01-411-008 |
$12,600 |
2214 ADAMS |
FLINT |
$25,000 |
Click Here |
| 40-02-132-017 |
$32,400 |
1614 W DARTMOUTH |
FLINT |
$32,500 |
Click Here |
| 40-02-253-003 |
$34,600 |
1309 W DARTMOUTH |
FLINT |
$30,500 |
Click Here |
| 40-02-253-018 |
$32,800 |
2613 LAWNDALE |
FLINT |
$28,000 |
Click Here |
| 40-02-281-009 |
$24,600 |
2522 PROCTOR |
FLINT |
$29,500 |
Click Here |
| 40-02-401-028 |
$32,400 |
2401 HUMBOLDT |
FLINT |
$31,500 |
Click Here |
| 40-02-480-002 |
$29,600 |
1909 MILBOURNE |
FLINT |
$40,000 |
Click Here |
| 40-12-305-005 |
$32,400 |
1419 PROSPECT |
FLINT |
$31,000 |
Click Here |
| 41-05-153-014 |
$21,400 |
1438 OKLAHOMA |
FLINT |
$21,500 |
Click Here |
| 41-05-177-001 |
$15,800 |
1702 LEITH |
FLINT |
$24,500 |
Click Here |
| 41-05-180-012 |
$20,800 |
1632 DAKOTA |
FLINT |
$24,000 |
Click Here |
| 41-05-257-005 |
$18,400 |
1916 DAKOTA |
FLINT |
$22,000 |
Click Here |
| 41-05-301-009 |
$18,000 |
1430 DELAWARE |
FLINT |
$22,000 |
Click Here |
| 41-05-301-010 |
$12,200 |
1434 DELAWARE |
FLINT |
$22,000 |
Click Here |
| 41-05-301-012 |
$10,000 |
1442 DELAWARE |
FLINT |
$21,500 |
Click Here |
| 41-05-301-024 |
$18,400 |
1421 NEW YORK |
FLINT |
|
Click Here |
| 41-05-304-010 |
$15,400 |
1534 NEW YORK |
FLINT |
$28,000 |
Click Here |
| 41-05-331-003 |
$12,600 |
1710 BELLE |
FLINT |
$21,000 |
Click Here |
| 41-05-331-005 |
$21,200 |
1718 BELLE |
FLINT |
$21,500 |
Click Here |
| 41-05-333-024 |
$22,000 |
1717 MABEL |
FLINT |
$22,000 |
|
| 41-05-379-023 |
$24,200 |
1717 E HAMILTON |
FLINT |
$22,000 |
Click Here |
| 41-05-380-038 |
$20,000 |
1626 E HAMILTON |
FLINT |
$30,000 |
Click Here |
| 41-05-401-033 |
$20,600 |
2313 DELAWARE |
FLINT |
$35,000 |
Click Here |
| 41-05-426-003 |
$21,800 |
2409 DELAWARE |
FLINT |
$26,000 |
Click Here |
| 41-05-456-013 |
$28,400 |
2005 ARLINGTON |
FLINT |
$25,500 |
Click Here |
| 41-08-203-010 |
$44,200 |
1714 ARLINGTON |
FLINT |
$XXX |
Click Here |
| 41-08-209-014 |
$31,000 |
2213 WISCONSIN |
FLINT |
$28,500 |
Click Here |
| 41-17-309-007 |
$17,400 |
1901 JASMINE |
FLINT |
$33,000 |
Click Here |
| 46-25-158-002 |
$18,800 |
521 W AUSTIN |
FLINT |
$34,500 |
Click Here |
| 46-25-158-003 |
$7,600 |
517 W AUSTIN |
FLINT |
$37,500 |
Click Here |
| 46-25-158-006 |
$6,400 |
509 W AUSTIN |
FLINT |
$37,500 |
Click Here |
| 46-25-176-008 |
$23,000 |
217 W FOSS |
FLINT |
$40,000 |
|
| 46-25-185-013 |
$19,400 |
142 E RUSSELL |
FLINT |
$39,000 |
Click Here |
| 46-25-207-011 |
$17,600 |
234 E HOLBROOK |
FLINT |
$33,500 |
|
| 46-25-282-004 |
$14,400 |
410 E AUSTIN |
FLINT |
$33,500 |
Click Here |
| 46-25-282-030 |
$20,400 |
513 E RUSSELL |
FLINT |
$33,500 |
Click Here |
| 46-25-332-037 |
$21,200 |
106 E GRACELAWN |
FLINT |
$34,500 |
Click Here |
| 46-25-455-006 |
$15,800 |
318 E RIDGEWAY |
FLINT |
$32,500 |
Click Here |
| 46-25-483-016 |
$15,000 |
617 E PIERSON |
FLINT |
$31,500 |
Click Here |
| 46-35-202-002 |
$33,200 |
1411 W PIERSON |
FLINT |
$48,000 |
Click Here |
| 46-35-229-010 |
$27,800 |
5020 BALDWIN |
FLINT |
$49,500 |
Click Here |
| 46-35-279-016 |
$10,800 |
4701 DUPONT |
FLINT |
$34,000 |
Click Here |
| 46-35-382-026 |
$37,000 |
3501 COMSTOCK |
FLINT |
$41,000 |
Click Here |
| 46-35-453-014 |
$41,000 |
3710 FOREST HILL |
FLINT |
$38,500 |
Click Here |
| 46-35-456-007 |
$25,600 |
3514 FLEMING |
FLINT |
$35,500 |
Click Here |
| 46-35-456-023 |
$34,000 |
3513 BURGESS |
FLINT |
$40,500 |
Click Here |
| 46-35-457-017 |
$16,400 |
3412 BURGESS |
FLINT |
$40,500 |
Click Here |
| 46-35-478-012 |
$40,400 |
3714 DONNELLY |
FLINT |
$37,000 |
Click Here |
| 46-36-130-063 |
$26,800 |
106 W THACKERY |
FLINT |
$33,000 |
Click Here |
| 46-36-152-008 |
$27,000 |
629 W BISHOP |
FLINT |
$33,500 |
Click Here |
| 46-36-176-020 |
$14,200 |
226 W BISHOP |
FLINT |
$35,500 |
Click Here |
| 46-36-178-009 |
$28,800 |
325 W FLINT PARK |
FLINT |
$38,000 |
Click Here |
| 46-36-230-049 |
$26,800 |
405 E BISHOP |
FLINT |
$32,000 |
Click Here |
| 46-36-251-027 |
$21,400 |
137 E FLINT PARK |
FLINT |
$32,500 |
Click Here |
| 46-36-378-017 |
$47,200 |
3701 ROBIN |
FLINT |
$38,500 |
Click Here |
| 46-36-385-011 |
$57,600 |
3513 ESTHER |
FLINT |
$40,000 |
Click Here |
| 46-36-479-012 |
$36,800 |
3710 FOSTER |
FLINT |
$37,000 |
Click Here |
| 47-31-155-012 |
$17,000 |
4302 BILLINGS |
FLINT |
$29,500 |
Click Here |
| 40-02-402-014 |
$35,400 |
2310 HUMBOLDT |
FLINT |
$42,000 |
Click Here |
| 40-02-483-007 |
$20,600 |
701 W PATERSON |
FLINT |
$31,500 |
Click Here |
| 46-25-181-026 |
$15,800 |
137 E AUSTIN |
FLINT |
$34,500 |
Click Here |
| 40-01-331-035 |
$21,400 |
110 W WITHERBEE |
FLINT |
$26,500 |
Click Here |
| Totals |
$1,948,400 |
|
|
$2,421,000 |
|
|
|
|
| Maps & Area Information |
|
|
|
|
| Additional Details | | For more information about this asset including photos, specs and more (when available), click here. |
|
|
|
| Bidding Requirements |
To bid on this auction, all bidders are required to become qualified by placing a deposit. The deposit of the winning bidder is automatically transferred to the seller at the end of the auction. If the winning bidder fails to perform on any auction, the entire BidDeposit will be forfeited to the seller.
|
Non-winning bidders' deposits are refunded within (10) ten business days after the close of the auction. This deposit cannot be applied to other auctions.
|
| To find out more about the BidDeposit requirement, click here. |
|
| Additional Terms of Service |
| We will send a Purchase Contract to the winning bidder within 24 hours of the auction ending. Everything we know about this property is in this listing. We have not borrowed against this property or placed any encumbrances on it. We have not done a title search on these properties.
IMPORTANT AUCTION POLICIES: THESE PROPERTIES TRANSFER FROM SELLER TO BUYER ON QUIT-CLAIM DEEDS. IT IS THE BIDDER'S RESPONSIBILITY TO FULLY RESEARCH THESE PROPERTIES BEFORE BIDDING. PROPERTY IS SOLD STRICTLY "AS IS." THE WINNING BIDDER/BUYER TAKES RESPONSIBILITY FOR ALL DELINQUENT TAXES AND ANY LIENS ON THE PROPERTIES.
We make no guarantee as to the accuracy of any photo. Bidder acknowledges that Bidder has either inspected the properties or waived their right to inspect the properties before bidding. Further, Bidder is relying only on their inspection or due diligence of the Real Estate made by Bidder and is not relying on any statement concerning the physical condition of the Real Estate made by Creative Properties to Bidder. All sales are final. If you have any questions, please contact us before bidding |
|
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 5.00% 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 CheckWire TransferTotal closing cost is $50 per house. Total closing cost: $4,000. This covers deed preparation, deed recording and transfer stamps. |
|
.gif){kind=icon}
