REAL ESTATE

12/11/2010DECEMBER MULTI-PROPERTY/MULTI-SELLER AUCTION

    • Past Auctions

12/11/2010
Auction will be conducted offsite by pictorial presentation at the:
LaQuinta Inn & Suites
11029 Dowlin Dr.
Cincinnati, OH 45241

DECEMBER MULTI-PROPERTY/MULTI-SELLER AUCTION
COMMERCIAL PROPERTY – SINGLE FAMILY RESIDENCE
MULTI-FAMILY – BUILDING LOT

PROPERTY #1
Single Family Residence
Ordered SOLD by U.S. Bankruptcy Court, Case # 10-11641
6205 Berauer Rd.
Cincinnati (Green Twnsp), OH 45248

Directions: Off Bridgetown Rd to Taylor Rd. to right on Mack to left on Berauer (corner Mack & Berauer)
Inspect: : Tuesday December 7 (4:00 – 5:00PM), or by appointment with auction manager 513.678.7346.

Cute 1.5 story vinyl sided home – ready to move into or rent. The home features 2 bedrooms on the 832 sf. first floor, along with a living room w/ hardwood floors, equipped kitchen, and full bath. A second half level contains 2 finished rooms w/ linoleum flooring. Vinyl replacement windows have been installed. The home was constructed in 1939 and has a full basement which also houses a garage, washer/dryer hookup, and gas forced air furnace w/ central air. There is also off-street parking. Semi-annual taxes are $443.00. Hamilton County PID #5500241005500.

Selling to the highest bidder – No Minimum – No Reserves


PROPERTY #2
22 Unit Multifamily w/ attached 2 family house
Ordered SOLD by owners
2668 – 2672 W. North Bend Rd.
Cincinnati (Mt. Airy), OH 45239

Directions: Off I-74 take exit 3 19. Go North on Colerain Ave to North Bend Rd. Turn West to Old Town Apts.
Inspect: : Tuesday December 7 (12:30 – 2:00PM)

Attached to a 2 family residence is this 22 unit brick apartment building providing a total of 24 rentable units. Each unit in the building is a 1 bedroom/1 bath apartment with average rents of $385.00/month and each unit has an outside balcony. 7 units are currently rented. Each unit has separate electric meters, individual baseboard electric heat, stove, refrigerator, and individual storage lockers in the basement. Landlord pays the water use charges.

The 2 family house rents for 568./mo for each unit with the landlord paying gas and water. Each unit contains 2 bedrooms and 1 bathroom. Tenants pay own electric bills.

Current semi-annual taxes are $8,875.00 based on a current taxable value of $654,800. Hamilton county PID # 2310004002300.

Balcony – Structural Test

Highest bid will be put on contract


PROPERTY #3
7 Family Multifamily
Ordered SOLD by owners
312-314 W. McMicken Ave
Cincinnati, OH 45214

Directions: Central Ave. to Ravine St. to right on McMicken.
Inspect: : Tuesday December 7 (10:30 – 11:30AM)

5,720 sf brick building containing 7 units divided into (2) 3 bedroom/1 bath units, (4) 1 bedroom/1 bath units, and (1) efficiency unit. The 3 bedroom units rent for $650, the 1 bedroom units rent for $375, and the efficiency rents for $300. Landlord pays all utilities. The property is heated by a boiler which was replaced in 2003. Currently 4 units are rented and 3 are vacant. Semi-annual taxes are $1,065.00 based on an assessed value of $78,500. Hamilton county PID # 0960004012600.

Selling to the highest bidder at or above the minimum bid of 25,000.


PROPERTY #4
Out of state investment company says SELL
8 acres vacant commercial land
7965 Reading Rd.
Cincinnati (Sycamore Twnsp), OH 45237

Directions: : Off I-75 take Ronald Reagan Hyw east to Reading Rd. Go South ½ mile.
Inspect: : Anytime at your convenience

Here is a tremendous opportunity to purchase 8.172 acres with 57.04’ frontage on heavily traveled Reading Rd. in Sycamore Township. The property is ready for development and is located just south of Reading, OH, this tract of land provides easy access to both I-75 and I-71 by using Ronald Reagan Highway. The property is zoned EE, Planned Retail by Sycamore Township and has all utilities available. The current approved plan is on file at Sycamore Township by contacting Greg Bickford at 513.792.7251. Any change in the current plan must be approved by Sycamore Township. Current semi-annual taxes are $6,545.00 based on a current taxable value of $484,100. Hamilton County PID # 6000360000800.

Selling to the highest bidder at or above $200,000.00


PROPERTY #5
Single family building lot
Ordered SOLD by Trustee
Lot #38 Pleasant View Subdivision
4209 Christopher Ct.
Batavia (Clermont County), OH 45103

Directions: : Off Old St. Rt. 32 (Batavia Williamsburg Pk) turn onto Pleasant Acres Dr., then right onto Siesta Dr to Christopher Ct.
Inspect: : Anytime at your convenience

This building site is located in an are of nice homes close to Batavia High School with easy access to St. Rt. 32. The lot is 69’x135’ irregular and contains 0.273 acre. Semi-annual taxes are only $321.00 and Clermont County PID # 012010E061.

Selling to highest bidder – No Minimum – No Reserve


PROPERTY INFORMATION PACKET