3 FAMILY REAL ESTATE AUCTION
December 7, 2013 11:00 am EDTDECEMBER MULTI-PROPERTY/MULTI-SELLER AUCTION
December 7, 2013 11:00 am EDT
Auction will be conducted offsite by pictorial presentation at the:
LaQuinta Inn & Suites
11029 Dowlin Dr.
Cincinnati, OH 45241
3 Family
Out of State Owner says SELL
ABSOLUTE AUCTION
334 9th Ave.
Dayton, KY 41074
Directions: Corner of 9th St. & Ervin Tr.
Inspect: Monday December 2 (1:00PM – 2:00PM)
Built in 1897 this brick 3750sf 3 family will make a wonderful addition to your rental portfolio. Most major expense items appear already completed – newer roof (6 yrs. old), 199,000BTU instant hot water heater, individual furnaces, rewired w/ breakers, vinyl windows, glass block windows in basement, changeable code locks on each apartment (no rekeying necessary).
The building has separate electric and gas meters. Smoke detectors are throughout the building. There are 2 fire escapes. Owner pays water. Rental income is currently at $1,650.00 per month when fully rented. Current occupancy is at100%.
Current annual real estate taxes are $3,009.69 based on a PVA assessed value of $126,000. The tax breakdown is $1,902.99 for Campbell County and $1,106.70 for the City of Dayton, KY. Campbell County PID #999990923300.
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NO STARTING BID – NO RESERVE