This property is being offered at a live onsite Public Auction on Wednesday, December 8, 2021 at 4PM. The listed price is not the sale price. Property may sell for higher or lower than the listed price at public auction. 10% Deposit due at auction, Buyer Pays All Realty Transfer Taxes. Property Taxes Prorated at Settlement, Settlement by January 20, 2022. Auction includes 4 Tax Parcels: 28-06-0089, 28-06-0090, 28-06-0091, 28-06-0092. Total current taxes for all tracts $10,025 +/-
Property consists of 7 residential rental & former schoolhouse on 2.2 + acres: A one story building w/ 3 one BR Apts, a one story building w/ a 2 and 3 BR Apt, a single house w/ 2 BRs, a 3 bay garage w/ 2nd floor. 1 BR Apt, and a former one room schoolhouse that is not rented. 601 & 607 W. Kings Hwy. is getting an new roof prior to closing due to a tree hitting it in a recent storm. All units in good condition with many long term tenants. Estimated net income $56,000 +/-. Rents below market. This property is seriously for sale dont miss it!!