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List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Online registration & bidding begins Friday, September 5, 2025 & ends Wednesday, September 10, 2025 at 12:00PM. 13 Unit Brick Apartment Building on a 0.22+/- Acre Lot. Currently 5 of the units are leased. The vacant units have been renovated and photos are available in the external link. **Current gross monthly rent of $6,272** **Current gross annual scheduled rent of $75,504** **Potential gross monthly rent of $20,150** **Potential annual gross rent of $241,800** Current rent roll: Unit A1: Vacant (1BR/1BA). Unit A2: Vacant (1BR/1BA). Unit A3: Vacant (1BR/1BA). Unit A4: Vacant (1BR/1BA). Unit A6: Vacant (1BR/1BA). Unit A8: Vacant (Studio). Unit A10: Vacant (Studio). Unit B1: Rented for $1,399/month (1BR/1BA). Unit B2: Rented for $1,100/month (1BR/1BA). Unit B3: Rented for $1,390/month (1BR/1BA). Unit B4: Vacant (1BR/1BA) Unit B6: Rented for $975/month (1BR/1BA). Unit B8: Rented for $1,399/month (1BR/1BA). Key Features: • Unit Breakdown: 11 One Bedrooms Units and 2 Studios. • Heating/Cooling: Building contains a central boiler with hot water radiators in the units. Cooling is provided by window AC units. • Flooring: Original hardwood flooring throughout as well as vinyl flooring predominately in kitchens and bathrooms. • Utilities: • Units individually metered electric • Landlord pays for water and sewer • Amenities: On-site laundry facilities.
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