AUCTION ID #: 520339 Bookmark and Share
12 UNIT Aparmtent
Item 520339  
Opens In: -1 sec
Your Bid Status: Item on Hold
Reserve: Not Met
Status: Hold
Auction Starts: 08-24-11    01:30 AM ET
Auction Closes: 09-11-11    01:30 AM ET
Asset Details
Seller Information
Seller Name: skrcs
Rating: Not yet rated
Location: 2926 LIDSTONE st
12 Units
Houston, TX    77023
View Seller's other items
 
 
Bid Increment: $5,000
Shipping Cost: SEE DESCRIPTION BELOW
Minimum Bid: $189,000
Auction Type: Regular Auction
Source: Private Auction
Deposit Required: $0
Overtime Period: 5 min
Buyer's Premium: 1.0%
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Asset is on Hold
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Asset Information Additional Details Your Bid History
This auction has been amended by the Seller on Aug 24, 2011 at 11:45 AM prior to any bids being placed.
Item Specifics
 
Residential Properties  
  Address 2926 LIDSTONE st
12 Units
Houston, TX 77023
United States
  County Harris
  Lot Size 15000 sq. ft
  Number Of Bedrooms 20.00
  Number Of Bathrooms 12.00
  Living Space 8,148.0
  Year Built 1954
  HOA Fee $0.00 monthly
  Annual Taxes $7600.00
  Gross Monthly Rent $2100.00
  Amenities 0
  Property Condition Fair
  Water yes
  Sewer yes
  Appliances included
  Heating System Central
  Cooling System Central
  Roofing Shingles
  Parking Concrete
  Occupancy Tenanted
  Display Maps Yes

Asset Description

12 UNITS   APARTMENT COMPLEX

INVESTORS   SPECIAL 

8 UNITS =  2/1   &  4 Units =1/1   

2926-2932  LIDSTONE  ST,  HOUSTON TX 77029

 OST OLD SPANISH TRAIL@ WHEELER

SOUTHEAST  keymap:  534F NEAR UNIVERSITY OF HOUSTON

 

BLDG # 1     2930 LIDSTONE       50%  OCCUPIED

Fourplex.   4 UNITS  =  2 Bed  / 1 Bath    

NEW CARPET, PAINT, SHEETROCK, APPLIANCES,

WOOD LAMINATE FLOOR  &  CERAMIC 

HCAD#  0563370690007  

BLDG # 2     2926 LIDSTONE     50% OCCUPIED

Fourplex on Front       4 UNITS  =  2 Bed  / 1 Bath        

NEW CARPET, PAINT, SHEETROCK, APPLIANCES,

WOOD LAMINATE FLOOR  &  CERAMIC 

 

HCAD#  0563370690006  

 

 

BLDG # 3     2932 LIDSTONE      VACANT

DUPLEX  on Back   2 UNITS  =  1 Bed  /1 Bath 

 + 4 Reserved parking space

NEED PAINT, SHEETROCK, ELECTRICAL WORK, HVAC. Appliances,  CARPET, 

HCAD# 0563370690005

 

BLDG # 4    2928 LIDSTONE      VACANT

DUPLEX on back side.   2 UNITS  =  1 Bed  / 1 Bath

 + 3 Reserved parking space.

Also ROOM FOR WASHER DRYER for TENTANTS

NEED PAINT, SHEETROCK, ELECTRICAL WORK & HVAC

HCAD# 0563370690004

CURRENY  4 UNITS  OCCUPIED.

RENTAL INCOME  4 unit @ $525  $2100 /mon

ESTIMATED RENTAL INCOME  $6,300   100% OCCUIPED

Taxes: $4,200/ yr      + WATER BILL & INSURANCE

TENANT  SHALL PAY THEIR OWN ELECTRICITY  &  GAS

SECURED GATES  & LAUNDRY ROOM

RESERVED PARKINGS FOR TENANTS

REQUIRED  CITY OCCUPANCY PERMIT FOR ALL BUILDINGS. 

 

OR  voice mail  @  713.510.7300

TEXT  MSG  AT  713.459.6655 for any Questions

 


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 satisfactory inspection of the property
  • Completion of a title search
  • Investigating back property taxes and
  • 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 1.00% 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.
Payment Type
  • Settlement Agent