Rental & Investment Real Estate Auction

Rental & Investment Real Estate Auction
4 Units
Location: 1695 Newark Rd. Zanesville, Ohio 43701. GPS Coordinates: 39.961144,-82.035536. From the intersection of SR 60/SR 146 take SR 146/Adair Ave/Newark Rd. west 1.5 miles to location. Property is located directly adjacent to Zane State/Ohio University at Zanesville Campus.

Monday November 5, 2012
4:00 PM

2.14 Acres * Falls Twp. * Muskingum Co. * West Muskingum Schools * 3 BR Brick Ranch * Townhouse * Single Unit *
Zoned Commercial * Room for Expansion * Large Open Lot *
Simulcast Bidding * Storage Unit Potential *

Open for Inspection: Wednesday October 24^th 5:00 to 6:00PM

Value in real estate is based on many factors but everyone will agree that the #1 factor is location and with investment/rental real estate what better location than adjacent to a growing and thriving college campus. This property features a unique setup that would either allow the owner the opportunity for multiple rental units or the opportunity to live in one unit while allowing the others to help make the payment. The property is comprised of a solid 1950’s era brick ranch home with 3 bedrooms, an older but solid Townhouse and an additional apartment in the converted garage. The improvements rest on 2.14 acres of level land. Mechanics of the homes include private septic systems, city water; the ranch home has gas heat and central air, Townhouse gas and electric heat, and the apartment electric heat. Contact Jason or Anthony for information regarding rental amounts and expenses.   Live online (simulcast) bidding will be available for buyers that are unable to attend the auction. Visit our website for additional information or contact an agent. Terms: 10% nonrefundable down payment, balance at closing, no financing contingencies. In bidding buyer is asserting that they will have the funds to close. A 10% buyer’s premium will be added to the final gavel (bid) price to determine the contract price. Any required inspections must be completed prior to bidding. All information gathered from sources deemed accurate but is not guaranteed. Announcements day of sale take precedence over all previous advertising and statements. Legal: Parcel #17730124000 in Falls Township of Muskingum County and the West Muskingum LSD. Taxes are: $1,938.17 per half and will be prorated to time of closing.