***ONLINE AUCTION TO SETTLE ESTATE. Bidding begins on 10/26, begins to end 11/1 at 6PM. TERMS: $10,000 non-refundable earnest money deposit due the day of auction with balance due at closing. Property sold “as is” subject to seller confirmation. Not responsible for accidents. Taxes: Prorated to date of closing. Possession: At closing. Successful bidder will sign a Purchase Agreement. Taxes: Prorated to date of closing. Possession: At closing. Note: Inspect the property, arrange financing if necessary. Oakcrestauctions.hibid.com. This is a rare opportunity to own a five rental unit complex with unlimited possibilities and tremendous potential. Could be residential or other multiple uses, as property is zoned Commercial. Former uses include drug store, restaurant, and beauty shop. Great spot for a Mom and Pop shop. Signage available. Two units (C and D) need updating, approximately 6,100 SF. Great LaPaz location close to schools and Newton Park. Open houses Sun Oct 17, 2-4PM & Wed Oct 20, 4-6PM. Also shown by appt. *Important note - This is an estate now. NET INCOME is based off low rents because previous owner was kind and kept rents low. There IS market to have the rents raised. This same owner also occupied one of the units so the income does not reflect his portion of an additional rent. When figuring net incomes, please add in for an additional 3 units of rent.
Listing Agent: Dave Goebel Courtesy of: RE/MAX OAK CREST -PLYMOUTH The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Indiana Regional MLS®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Updated: 26th October, 2021 4:09 AM