
Description
This property is one of a portfolio of 12 residential and investment properties being sold at auction online ending on March 23d 2023 at 7:00 pm. The successful bidder on this property shall be required to execute a contract of sale with a $15,000 deposit on the purchase, settlement within 45 days of auction end.****See Documents for Purchase Contract and Disclosure Documents********Unit 2980 Valley Avenue is obligated to a lease that is more than month to month****This property located on busy high traffic Valley Avenue & Armour Dale and is between Rubbermaid & Wards Plaza. almost directly across from Subaru of Winchester & Super 6 Hotel. This property is one of a very few residential properties still on Valley Ave. With 7 rented units support a rental income of $4,385 monthly. This property with its GREAT LOCATION could possibly be rezoned commercial with lots of growth opportunities. Property currently has a small cottage with longer term tenant, larger building with 2 units. Included in this property are 3 mobile homes that are owned & one mobile home that pays a lot rent of $280 monthly.
Description
This property is one of a portfolio of 12 residential and investment properties being sold at auction online ending on March 23d 2023 at 7:00 pm. The successful bidder on this property shall be required to execute a contract of sale with a $15,000 deposit on the purchase, settlement within 45 days of auction end.****See Documents for Purchase Contract and Disclosure Documents********Unit 2980 Valley Avenue is obligated to a lease that is more than month to month****This property located on busy high traffic Valley Avenue & Armour Dale and is between Rubbermaid & Wards Plaza. almost directly across from Subaru of Winchester & Super 6 Hotel. This property is one of a very few residential properties still on Valley Ave. With 7 rented units support a rental income of $4,385 monthly. This property with its GREAT LOCATION could possibly be rezoned commercial with lots of growth opportunities. Property currently has a small cottage with longer term tenant, larger building with 2 units. Included in this property are 3 mobile homes that are owned & one mobile home that pays a lot rent of $280 monthly.
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