REAL ESTATE

10/13/2007OCTOBER MULTI-PROPERTY / MULTI-SELLER AUCTION

    • Past Auctions

10/13/2007
Auction will be conducted offsite by pictorial presentation at the:
LaQuinta Inn & Suites
11029 Dowlin Dr.
Cincinnati, OH 45241

OCTOBER MULTI-PROPERTY / MULTI-SELLER AUCTION
FORECLOSURE – BANK OWNED
ESTATE & INVESTMENT PROPERTY

PROPERTY #1
Bond Hill – Ordered sold by heirs
2 family Residence
1318-1320 Laidlaw Ave
Cincinnati, OH 45237

Directions: Off Reading Rd. turn east on Laidlaw Ave.
Inspect: Wednesday October 10 (11AM-12 NOON)

Built in 1922 this 2 story/2 family frame residence contains approximately 1872 sf. of living space on 0.085 acre lot. The dwelling is divided between the first floor and second floor with each containing approximately 936 sf with separate entrances, 2 bedrooms and a full bath. The annual taxes are only $1500.00 per year plus a $17.52 urban forest assessment on the first half year bill. More information about this property can be found on the Hamilton County Auditor’s website under PID # 1310006002100.

PROPERTY SELLS TO THE HIGHEST BIDDER AT ABSOLUTE AUCTION

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PROPERTY #2
Mt Healthy
Ordered Sold by Owner
7429 Hamilton Ave
Cincinnati, OH 45231

Directions: Off Ronald Reagan Highway take Hamilton Ave. North.
Inspect: Tuesday October 9 (2PM-3PM)

Retail/commercial property. Located next to US Bank building this commercial property sits on 0.212 acres and was built in 1926. The improvement contains approximately 1926 sf. and is ready for interior construction. It is currently zoned for offices/medical. There is offstreet parking in the rear via alley access with public parking directly across the same alley. Additional details can be found on the Auditors’ website under PID# 5930006024100. Annual taxes are approximately $5,700.00 based on a $234,000.00 valuation.

THE PROPERTY SELLS AT ABSOLUTE AUCTION TO THE HIGHEST BIDDER

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PROPERTY #3
Avondale – Out of State owner says SELL
24 unit apartment complex
342-344 Forest Ave.
Cincinnati, OH 45229

Directions: Off Reading Rd. turn west on Forest.
Inspect: Wednesday Oct. 10 (1PM-2PM)

This 24 unit brick apartment building was constructed in 1930. Its current configuration is (20) 3 bedroom units and (4) 1 bedroom units. There is also a laundry room with coin operated washers and dryers plus a common area court yard. Off street parking is available in the rear of the building. The heat is via a newer hot water boiler and the windows have been changed to vinyl replacements. There are separate electric meters with the owner paying heat and water use charges. When fully occupied, the current rents would project to $152,400 gross income per year. The building is approximately ½ occupied. The annual property taxes are approximately $15,000.00 and the Hamilton County Auditors’ website shows the property as PID# 2160043000800.

HIGHEST BID WILL BE PUT ON CONTRACT

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PROPERTY #4
Delhi – Single Family Residence
420 Greenwell Ave.
Cincinnati, OH 45238

Directions: Off Delhi Pk. turn onto Greenwell
Inspect: Thursday October 8 (2PM-3PM)

This 2 story brick home was constructed in 1906 and appears to have been used as a two family at one time. There is approximately 1950 finished square feet. The first floor contains a living room, dinning room, kitchen, and full bath, while the second floor has 3/4 bedrooms, what appears to have been a second kitchen, and a full bath. A full basement houses a hot water boiler for steam heat and the 800 sf concrete block 2 car garage is oversized with plenty of storage area. The lot is a corner lot and is completely fenced. The annual taxes are $1467.00. Property can be found on the Hamilton County Auditor website under PID# 5400041002900. This would make a great personal, starter or investment home.

SELLING AT ABSOLUTE AUCTION TO THE HIGHEST BIDDER

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PROPERTY #5
Madisonville – Ordered Sold by Heirs
Single Family Residence
4708 Peabody
Cincinnati, OH 45227

Directions: Roe St. to Peabody
Inspect: October 8 (11AM-12 NOON)

This 2 story frame home was built in 1880. It contains approximately 1880 sf of living space divided into 6 rooms with 3 bedrooms and 1 bathroom, plus an unfinished walk up attic. The large entry foyer has wood flooring and living room has wood flooring with a fireplace, while the dinning room has wood flooring. The kitchen needs updating but has a nice pantry. The home is heated by a forced air gas fired furnace. There is also a detached 2 car garage with the property. Annual taxes are $1670 and the PID # is 0360004000400.

SELLING AT ABSOLUTE AUCTION TO THE HIGHEST BIDDER

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Property information packets are available below in PDF or by calling 513-724-1133.
To download Free Adobe Reader 7.0 please click the link below.

Property Information Packet