REAL ESTATE AUCTION

10/19/2011(3) Apartment Buildings & 3.57 Acres

Fully Rented * Exceptional Cash Flow
NET INCOME APPROXIMATELY $32,000 PER YEAR

    • Past Auctions

10/19/2011
1620 – 1646 St. Rt. 125
Hamersville, OH 45130
(Clark Township, Brown County, OH)

(3) Apartment Buildings & 3.57 Acres
Selling Together for One Price

Fully Rented * Exceptional Cash Flow
NET INCOME APPROXIMATELY $32,000 PER YEAR

Do not miss this opportunity to buy a tremendous investment property at public auction.

    Property features include:

  • 3.57 Acres substantial space to add additional buildings
  • (3) Buildings w/ (3) apartments in each building, one building has (3) attached single car garages
  • (9) Apartments – (5) two bedroom & (4) three bedroom
  • Fully occupied with excellent rental history
  • Tenants pay water & electric (all separate meters)
  • Electric Forced Air Furnaces & Central Air Conditioners
  • Kitchen Stoves & Refrigerators transfer with the real estate
  • Washer & Dryer Hook Ups in all apartments
  • New Asphalt Shingle Roof 2006
  • Thermo pane windows
  • Brown County Auditor Parcel Numbers: 030702320000 & 030036481700

    1620 St. Rt. 125

  • Apt. 1— Rent: $400 per month * Month to Month, Same tenant past 14 months
    Living Room, Eat –In Kitchen, 2 Bedrooms, Full Bath
  • Apt. 2— Rent: $450 per month * Month to Month, Same tenant over 2 yrs.
    First Floor- Living Room, Dining Room, Kitchen, ½ Bath
    Second Floor: 3 Bedrooms, Full Bath
  • Apt. 3— Rent: $400 per month * Lease Expires- Sept. 2012, New tenant
    Living Room, Eat- In Kitchen, 2 Bedrooms, Full Bath

    1632 St. Rt. 125

  • Apt. 1—Rent: $400 per month * Month to Month, Same tenant past 20 months
    Living Room, Eat-In Kitchen, 2 Bedrooms, Full Bath
  • Apt. 2 – Rent: $450 per month* Lease Expires- Aug. 2012, Same tenant past 2 months
    First Floor: Living Room, Dining Room, Kitchen, ½ Bath
    Second Floor: 3 Bedrooms, Full Bath
  • Apt. 3 – Rent: $400 per month * Lease Expires- June 2012, Same tenant past 2 months
    Living Room, Eat-In Kitchen, 2 Bedrooms, Full Bath

    1646 St. Rt. 125
    Note: Each unit in this building has use of an attached single car garage.

  • Apt. 1 – Rent: $450 per month * Month to Month, Same tenant past 22 months
    First Floor: Eat-In Kitchen, Living Room, Bedroom, ½ Bath
    Second Floor: 2 Bedrooms, Full Bath
  • Apt. 2 – Rent: $445 per month * Month to Month, Same tenant for over 4 yrs.
    First Floor: Living Room, Eat-In Kitchen, ½ Bath
    Second Floor: 2 Bedrooms, Full Bath
  • Apt. 3—Rent: $450 per month * Month to Month, Same tenant for over 4 yrs.
    First Floor: Eat-In Kitchen, Living Room, Bedroom, ½ Bath
    Second Floor: 2 Bedrooms, Full Bath

Plan to attend this auction and bid your price for this excellent investment property.

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

PROPERTY INFORMATION PACKET