Multi-Unit Residential
Real Estate Auction
Sunday April 30, 2017 1:00pm CST
Located at 2745 Fayette Street Lake Station, IN. From I-94 exit onto Central Ave. and go .6 miles east to Fayette. Turn south and home on west side of the road. "Watch for Kraft Auction Signs!"
Up for auction this is quality income producing three unit property. The units consist of one two bedroom and one bath unit and two units with one bedrooms and one bath. Then in the basement is laundry for tenants to use. Currently one rented unit for $510 a month. When fully occupied there is over $1700 a month rent and cash flowed over $16,000 a year! Instant income and a great rental property to add to an investment portfolio. Taxes 2016 Pay 2017: $2,360.92.
Open House: April 23rd 12-2pm. Can't make it? Call for a private showing.
Owner: Blue Trust
Terms: $5,000 non-refundable down payment, closing in 30 days, sold as-is, possession at closing, trustee deed, taxes pro-rated and final at closing, sells with seller's confirmation, and subject to a 10% buyer's premium or $3,500, whichever is greater.
Kraft Auction Service LLC
Col. Conrad Kraft- AU01032667
Jonathan Kraft – AU10500173
219-973-9240 ~ Info@KraftAuctions.com
KraftAuctions.com