Real Estate Auction 627 W Acres Street, Norman, OK | Live and Online Auctions on HiBid.com

This is a single family property that has been converted into five rental units. Would be a fantastic opportunity for long-term, mid-term, short term rentals. No restrictions/HOA. Current tenant has no lease so new owner can negotiate with tenant to sign lease at mutually agreed upon rent rate or serve notice to vacate. Main unit and units 1 and 4 are fairly recently renovated. No central heat and air at the moment but window units have sufficed so far. Slab has crack, buyer to do due diligence with inspections, etc. Main unit has space for washer and dryer but other units do not. Utilities would be included in rent as property is not separately metered. New roof August 2024. Auction ends on Wednesday, October 22nd at 7pm, buyers can bid anytime before then. 3% buyer premium applies at auction. Property being sold AS-IS, seller will make no repairs. Bidders are encouraged to do due diligence and any contractor walk-throughs or inspections prior to bidding. Seller reserves right to accept offer prior to bidding end, at their discretion. All properties will need to be purchased either with cash or a hard money loan. 5% of the purchase price (High Bid) is to be placed in escrow with the balance being due upon delivery of marketable title at closing. All information is taken from sources believed reliable; however, no guarantee is made by the auction company or the seller. Buyers should satisfy themselves as to any inspections deemed necessary prior to bidding. All Real Estate is being sold "AS IS. Possession at funding. CONTACT INFORMATION Lauren Durmus, LIME Realty- License # 180597, hello@okcarealiving.com, 405 367 5501