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| Category:
Real Estate
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Commercial
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| Start Price: |
USD 99.00 |
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| Current Price: |
USD 150,100.00 |
| Reserve Price: |
- |
| Time Left: |
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| Bid Count: |
69 |
| Buy It Now Price: |
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| Start Time: |
10/29/2008 |
| End Time: |
11/28/2008 |
| Location: |
Clarksburg,WV |
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These 22 units are solid and have hardwood floors, doors and trim. These units could be used as apartments, hotel-motel, bed & breakfast, office space etc.... Each unit has separate electric and is a 200 amp service. Water is all on one meter as well as the gas steam boiler for heat. 215 South Sixth Street has 8 units (Brick Front) and 217 South Sixth Street has 14 units (Stone Front). All exterior trim was primed and painted in November of 2007. 215 has a rolled roof put on in 2002. 217 has a taracatta roof put on in 2002 as well. There is no work needed to exterior of property unless you wanted to exchange out front entrance doors to both. Interior units probably could rent now, however, I feel to maximize your income you should upgrade each unit by painting them and adding new bathroom/kitchen items such as sinks, counter tops, cabinets, vanities, toilets etc.... If you perform the work yourself, I guessed approxamatly $30-$40K to do the work. If you hire a contractor it will probably be close to double.There are skylights in hallways and trash shoots as well as mail boxes for each unit. Some units have antique murphy beds which fold down from inside closets. The basement also has an area for coined laundry and snack machines. The area is a prime location and is zoned business district. You have Fairmont University, Harrison County Senior Center, library, Harrison County Court House and Dominion Gas all within 1-2 blocks. The lot adjacent behind buildings is for sale by Century 21 and is listed at 1.5 million. I have numerous other single family homes in the area and I would consider managing them for the purchaser as well. When minor work is complete these should produce $10,500 per month excluding any vending. Taxes and insurance a year are around $7,000. These properties are nice and have much potential. Please only bid if you are serious as we need not to waste anyone's time. I will consider owner financing for those who need some time to do the work and get them cash flowing for their lender. I will negotiate terms and downpayments once I know your serious and have physically seen the properties. Otherwise you can submit an offer to: Hall's Investments LLC, P.O. Box 71 Halltown WV 25423 Thank You- Greg
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