Bidding starts at $59,000. Great opportunity to fix and flip or keep it as an investment. Current tenant pays $825. Lease expires End of Aug. 2023. Two story home built in 1924 with 1,248 SF including 3 bedrooms and 1.5 baths, Full basement and a 2 car detached garage. Comparable homes are selling around $118,000.
Here is the description from a previous owner of this property: Info not guaranteed... This is an absolutely charming home which has been tastefully decorated. It is located on a sloping lot at a bend of Rockwood Road. The yard has been professionally landscaped with exterior lighting. The front of the home has a great old-fashioned porch with a niche for privacy. The rear of the home has an EXTRA-LARGE deck which is also enclosed for privacy. There is an over-sized two-car garage at the end of the concrete driveway. Many of the major maintenance necessities have already been done for you! . There is a security system. The front door is the original with beveled glass. The living room is a generous 23x12 with an adjustable-flame gas fireplace and large energy-efficient windows, complete with custom-fitted miniblinds. It is adjoined by a beautiful formal dining room with a gridded sliding door. The chandelier over the dining room table has just been purchased snd installed and perfectly complements the decor. In the kitchen all appliances stay. There is a great built-in hardwood eating area with Tiffany-styled lighting. The master bedroom has two closets, one a walk-in. Each of the three bedrooms is outfitted with miniblinds and ceiling fans. A generous CLEAN attic is available for storage or ready to be completed for additional living space. The substantial basement is partially finished and has a good amount of cabinetry. The neighborhood is a great one with two parks nearby. A family-friendly environment!
See point of sale inspection from the city of Garfield Hts. Some items have been corrected. The buyer will be responsible to complete remaining items. Per the current owners, they have made the following repairs....
- Remove railroad ties as steps.
- Scraped and painted lower stones and resealed foundation
Repaired both downspout crocks. We have not done any repairs to the garage siding and the deck was refinished two years ago.
Lot Size: 40x120 lot
Annual Taxes: $ 2,905
LEAD AUCTIONEERBarry Baker
Sells with an opening bid of $59,000. 10% deposit day of auction will become your non refundable downpayment. The real estate is sold As Is with no contingencies. All inspections must be done prior to Auction. Close within 30 days. A 10% buyer's premium will be added to the high bid to obtain the final contract selling price. Short tax proration. Buyer pays all closing costs. General warranty deed given at closing with no liens or back taxes.
Deposit and Closing:
Realtor showings and cooperation are encouraged. For full compensation instructions, see Realtor Registration form attachment. Please call Auctioneer to schedule all showings.