(2) 4-Unit Townhomes

Income Producing Property
(2) 4-Unit Townhomes
To Be Offered In 2 Parcels, Buy One Or Both
Stark Co., Perry Twp., Perry LSD
Live Auction With Online Bidding Available

Directions: From downtown Massillon, head east onto Lincoln Way for 3 miles then right onto Hinderer to auction. Watch for KIKO signs.

Units Will Be Open 10:30 AM Auction Day

Real Estate: Income producing property with (2) 4-unit townhomes. Tenants pay water, electric and gas. Owners pay sewer (approx. $212/mo.), trash ($180/mo.), security light ($22/mo.) and lawn care. Each building has parking pads out front. All tenants are on MTM leases. Gross income is $65,820 with room to grow. Each unit has natural gas heat, and central A/C. Total half year taxes are $4,314.

Property to be offered as follows:

Parcel #1: 516 Hinderer Ave. SW, Stark Co. Parcel #4312052
516: 2-bed, one-bath, rent is $700/mo.
518: 3-bed, one-bath, rent is $600/mo. Tenant mows for discounted rent.
520: 2-bed, one-bath, rent is $635/mo.
522: 3-bed, one-bath, rent is $725/mo.

Parcel #2: 524 Hinderer Ave. SW, Stark Co. Parcel #4312051
524: 2-bed, one-bath, rent is $685/mo.
526: 3-bed, one-bath, rent is $675/mo.
528: 2-bed, one-bath, rent is $715/mo.
530: 3-bed, one-bath, rent is $750/mo.

Great investment for an owner occupant or investor. Parcels will be offered through our multi-par system and sold whichever way it brings the most. Buy one or both! Bank financing available to qualified bidders. Ask auctioneer on how to use your current property to buy this one! Property will be open auction day at 10:30 AM.

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.