AUCTION ID #: 428416 Bookmark and Share
SOLID BRICK Investment Home!! RENTED 1 Year Lease!
Item 428416  
Final Bid: USD $24,000
Number of Bids: 13
Your Bid Status: Login to view status
Reserve: Not Met
Status: Closed
Auction Started: 11-05-09    03:00 AM ET
Auction Closed: 11-10-09    09:30 PM ET
Asset Details
Seller Information
Seller Name: USAequity
Rating: Not yet rated
Location: Robinson Road
Campbell, OH    44405
View Seller's other items
 
 
Bid Increment: $900
Shipping Cost: SEE DESCRIPTION BELOW
Minimum Bid: $1
Auction Type: Regular Auction
Source: Private Auction
Deposit Required: $0
Overtime Period: 5 min
Buyer's Premium: 9.0%
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Asset Information Additional Details Your Bid History
Item Specifics
 
Residential Properties  
  Address Robinson Road
Campbell, OH 44405
United States
  Number Of Bedrooms 3.00
  Number Of Bathrooms 1.50
  Living Space 1,800.0
  Annual Taxes $157.00
  Gross Monthly Rent $560.00
  Water public
  Sewer public
  Appliances Stove, Refrigerator, Washer, Dryer
  Heating System Gas, Forced Air Furnace
  Cooling System Central
  Parking 2+ Car Garage
  Occupancy Tenanted

Asset Description

   

236 Robinson Road, Campbell, OH
Rare Find!  BRICK Tenant Occupied Home on a DOUBLE LOT!
Immediate Return, 1 YEAR LEASE
3BR/1.5BA Single Family House
offered at $0
           
Year Built Unspecified
Sq Footage 1,800
Bedrooms 3
Bathrooms 1 full, 1 partial
Floors 2
Parking 2 Car garage
Lot Size .3 acres
HOA/Maint $0 per month
 
DESCRIPTION

Rare Find!

Turn Key Investment with Immediate Return from a RENTED BRICK Home!

Tenants are on a 1 Year Lease!



RENTAL INCOME = $560 / month ($6,720 / year)!

SECURITY DEPOSIT = $750



TENANT PAYS ALL UTILITIES!!



For ease of management, tenant mails rent directly to owner.  Perfect for absentee landlord!



This SOLID BRICK, Low Maintenance, Home has Great Curb Appeal!

Spacious 2 Story with over 1,800 square feet of living space!

2 Bedroom with Den (currently used as a 3rd bedroom)!

Eat-in size kitchen!

Formal Dining Room!

Formal Living Area!

Full Basement!

Detached 2+ car garage!



All Appliances Included:  Refrigerator, Washer, Dryer, and Stove!

Newer Central Air Conditioning!

Newer Furnace!

Newer Replacement Windows!

Full Basement!

Updated Electrical!

Located on a Double Lot (almost 1/3 acre)!



This is a hard to find combination of solid structure and great amenities.  PRICED TO SELL.



YOU ARE BIDDING ON THE FULL PURCHASE PRICE OF PROPERTY AND LAND.

100% FREE AND CLEAR!

Warranty Deed Issued with Title Insurance.

No Back Taxes or Liens.

No encumbrances of any kind.

No Gimmicks!

International Investors Welcome!

Fast and Secure Closing - NO NEED TO BE PRESENT.





Interesting facts about this great city.....

Median home value in Youngstown, Ohio:        $89,020



Entrepreneur Magazine:  The August 2009 Issue featured an article on "Where to be an Entrepreneur" highlighted Youngstown, Ohio as one of the top 10 U.S. cities to start a business.



(Excerpt from www.cityofyoungstownoh.org) The City of Youngstown, as well as the residents, are proud of all the projects currently underway within our city limits. Federal Street has been reopened as downtown’s main thoroughfare, and the new convocation center has opened as the Chevrolet Center. Bridges are being rebuilt and new businesses are locating downtown in an effort to enhance the high standard of living grown accustomed to by the citizens of Youngstown and the entire Mahoning Valley.

Youngstown is also known for its dedication to the arts.  The Butler Institute of American Art, one of the nation’s most unique museums, is located north of the downtown area near Youngstown State University. Also in the downtown area is Edward W. Powers Auditorium opened in 1931 by the Warner Brothers, one of the giants of the motion picture industry.

For more information, visit www.cityofyoungstownoh.org



Questions and Answers

1. WHAT IS THE PRICE OF THE PROPERTY?

      The price is whatever the auction ends at, determined by the highest bidder. It could be the opening bid if you are the only bidder or it could be much higher.  Put in your maximum bid and the auction site will do the bidding for you up to that amount.

2. ARE THERE ANY BACK TAXES OR LIENS?

       No, none.

3. HOW MUCH ARE THE YEARLY TAXES?

    The annual taxes on this property are $157 and are billed by the county twice a year.  That is your only bill.

4. DO YOU ACCEPT INTERNATIONAL BUYERS?

    We welcome International bidders from ANY country.  We make this a simple, secure safe and easy closing process.  You do not need to be present to purchase this home. 

5. HOW MUCH ARE CLOSING COSTS?

    $895

7. MAY I SEE THE HOUSE?

    Yes, you are welcome to drive by the home.  If it is a rented property, let us make arrangements to give consideration to tenants.  Please don’t disturb them.

8. DO YOU HAVE OWNER FINANCING AS AN OPTION?

        Unfortunately not with this property, but feel free to email us regarding some of our vacant homes where we offer owner financing.

9.  DO I NEED TO BE CONCERNED WITH LEAD BASED PAINT TESTING?

       We do not purchase or sell homes that have been tested positive for lead paint, and we recommend others do the same.  We advise buyers to ask sellers if a lead paint test has been conducted.

10. IF I AM THE WINNING BIDDER WHAT HAPPENS AFTER THE AUCTION ENDS?

    We will contact the winner immediately after auction closing to request specific information to finish the sale.  We will need the full name(s) to be put on the deed, your mailing address, telephone number, valid e-mail address, and fax number (if available).  You will then receive the purchase agreement to sign and fax back.  Funds need to be wired or sent overnight within 48 hours after auction closes. 

    After we receive the signed purchase agreement and funds, the deed will be recorded in your name, usually 7-10 business days.





ABOUT US:

We are real estate wholesalers specializing in investment properties. We use a vast network of agents, brokers, banks, HUD's and many other sources to locate extremely undervalued investment properties for our investors. We have sold hundreds of low-priced single family, multi-family, and commercial properties. We specialize in maximizing the highest rate of return for our buyers. With our vast knowledge of the area, plus extensive local contacts, we can offer some of the most solid and rewarding investments available.



PAYMENT INFORMATION



Notice to Bidders – Bidding Rules

All due diligence to be done before auction closes!



Serious bidders ONLY. Non-paying bidders will be reported for suspension. There will be absolutely no negotiations with price adjustments after auction ends. We are still charged for listing a closing fees, therefore, ALL non-Paying bidders are responsible for all listing AND closing fees charged to us.

THIS IS A FINAL & CASH ONLY SALE. NO SELLER FINANCING.



FULL AUCTION CLOSING AMOUNT + 10% buyers premium + $895 for the closing costs,

which includes title insurance, recording, etc.

(certified check/bank wire to our company OR the title/escrow company, NO PAYPAL).



PAYMENT DUE WITHIN 48 HOURS OF AUCTION CLOSE ON THIS INVESTMENT PROPERTY - NOT NEGOTIABLE. YOUR BID IS BINDING CONTRACT TO PURCHASE THIS INVESTMENT PROPERTY. SERIOUS INVESTORS ONLY! 



















 


see additional photos below
  
PROPERTY FEATURES
























- Central A/C - Central heat - Living room
- Office/Den - Dining room - Refrigerator
- Stove/Oven - Basement - Washer
- Dryer - Laundry area - inside - Balcony, Deck, or Patio
- Yard

   
OTHER SPECIAL FEATURES



- 2+ Car Garage, 1/3 Acre Lot, All Appliances

 
ADDITIONAL PHOTOS


House Front

Photo 1

Kitchen

Upstairs

Huge Lot

Kitchen

Garage

Photo 3

Photo 9

Photo 10
  Contact info:

 
   
For sale by individual owner

powered by postlets Equal Opportunity Housing
Posted: Nov 4, 2009, 8:48pm PST

 


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 9.00% 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
  • Wire Transfer
  •