PUBLIC AUCTION 

 

VALUABLE CHESTER CO. INVESTMENT PROPERTY

6 UNIT APARTMENT BUILDING

Parkesburg Boro - Octorara Schools

TUESDAY, SEPTEMBER 29, 2009 · 6:00 PM

LOT DESCRIPTION:   TAX PARCEL:	.36 Acre +/- 08-04-0058
DEED REFERENCE:	Part of 3605-1769
ZONING:	Residential
WATER:	Public
SEWER:	Public

 

 

 

 

pOPEN FOR INSPECTIONp

Saturday, September 19, 2009 from 2-4 - 6 PM

Property may also be viewed ½ hour prior to auction

 

pREAL ESTATE AUCTION TERMSp

10% Down payment day of Auction. Balance by October 30, 2009. Buyer pays all Realty Transfer Taxes.

 

pBROKER PARTICIPATION FEEp

A 1% Broker Participation Fee is available to Real Estate Brokers that pre-register the successful bidder by September 27, 2009. Certain conditions apply. Brokers contact Auctioneers for registration letter w/terms and conditions.

 

pFEATURESp

 

Well kept 6 unit apartment building that is fully leased and a good money maker.

 

Estimated Income	Monthly	Yearly
Unit 1 (3 BR)	$800.00	$9,600.00
Unit 2 (2 BR)	600.00	7,200.00
Unit 3 (2 BR)	600.00	7,200.00
Unit 4 (3 BR)	650.00	7,800.00
Unit 5 (2 BR)	625.00	7,500.00
Unit 6 (2 BR)	775.00	9,300.00
Total	$4,050.00	$48,600

 

Note:  Unit 2 and 4 are below market, as they do odd jobs for seller. Both should be $700/month.

 

 

 

p DIRECTIONSp

 

From Route 10 and Route 372 in Parkesburg, take Route 10 North to Main Street (1^st left) turn left to property on left.

 

 

 

 

The information contained in this brochure is believed to be accurate,

but is not guarantee

AUCTION CONDUCTED BY:

Stephen J. Barr - AU-002422-L

James S. Davis Jr. - AU-002421-L 

AUCTION CONDUCTED FOR:

Jeffrey & Diane Hery