Brick 4-Unit & Brick Duplex

Auction in 2642 & 2644 S Arlington Rd, Akron, Ohio, United States

17 Thursday
17th December, 2020 12:00 PM

Brick 4-Unit & Brick Duplex

Auction in 2642 & 2644 S Arlington Rd, Akron Ohio, United States

Thursday at - 17th December , 2020

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Description

Attention Investors Brick 4-Unit & Brick Duplex - Zoned B3 Coventry Twp. – Springfield Schools On-Site & Online Bidding Available
Absolute auction, all sells to the highest bidder. Location:

AUCTION #1: 2642-A, 2642-B, 2644-A & 2644-B S. Arlington Rd. Brick 4-unit features (3) 2-bedroom apartments with kitchen, full bath, and living room. (1) 1-bedroom apartment with kitchen, living room, and full bath. Utility room with 2 gas FA furnaces and 2 hot water heaters. Owner pays all utilities, trash, and mowing. Current rent is $765, $725, and there are 2 vacant units. Built in 1965. 81’ x 284’ lot. I-77 exposure at the rear of the lot.

AUCTION #2: 2638 & 2640 S. Arlington Rd. Real estate features a brick side-by-side duplex. Each unit has 2 bedrooms, kitchen, full bath, separate basements, gas FA furnace with CA, and laundry hookups. Owner pays sewer/water, trash, and mowing. Current rent is $765 and $725. Built in 1966 with 1,512 SF living area. 81’ x 291’ lot. I-77 exposure at the rear of the lot.

NOTE: This is a very clean and well-maintained property with updated windows, roof shingles, all furnaces, and hot water heaters replaced 2017-2018 (2 each bldg.). Half of units have new kitchen cabinets in 2018. Appliances less than 2 years old in all units. Great opportunity to invest in tangible assets.

Real Estate Terms: 10% down auction day, balance due at closing. A 10% buyer’s premium will be added to the highest bid to establish the purchase price. Any desired inspections must be made prior to bidding. All information contained herein was derived from sources believed to be correct. Information is believed to be accurate but not guaranteed. Property to be offered as a Multi Par auction and sold whichever way it brings the most.

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Location has been calculated by address and may not be 100% accurate.

Auction Items For Sale

Attention Investors Brick 4-Unit & Brick Duplex - Zoned B3 Coventry Twp. – Springfield Schools On-Site & Online Bidding Available
Absolute auction, all sells to the highest bidder. Location:

AUCTION #1: 2642-A, 2642-B, 2644-A & 2644-B S. Arlington Rd. Brick 4-unit features (3) 2-bedroom apartments with kitchen, full bath, and living room. (1) 1-bedroom apartment with kitchen, living room, and full bath. Utility room with 2 gas FA furnaces and 2 hot water heaters. Owner pays all utilities, trash, and mowing. Current rent is $765, $725, and there are 2 vacant units. Built in 1965. 81’ x 284’ lot. I-77 exposure at the rear of the lot.

AUCTION #2: 2638 & 2640 S. Arlington Rd. Real estate features a brick side-by-side duplex. Each unit has 2 bedrooms, kitchen, full bath, separate basements, gas FA furnace with CA, and laundry hookups. Owner pays sewer/water, trash, and mowing. Current rent is $765 and $725. Built in 1966 with 1,512 SF living area. 81’ x 291’ lot. I-77 exposure at the rear of the lot.

NOTE: This is a very clean and well-maintained property with updated windows, roof shingles, all furnaces, and hot water heaters replaced 2017-2018 (2 each bldg.). Half of units have new kitchen cabinets in 2018. Appliances less than 2 years old in all units. Great opportunity to invest in tangible assets.

Real Estate Terms: 10% down auction day, balance due at closing. A 10% buyer’s premium will be added to the highest bid to establish the purchase price. Any desired inspections must be made prior to bidding. All information contained herein was derived from sources believed to be correct. Information is believed to be accurate but not guaranteed. Property to be offered as a Multi Par auction and sold whichever way it brings the most.

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