Profit potential, Rents of $1550 Click on the thumbnails to view more pictures Click on the images to view full resolution images

Triplex in Pocatello, Idaho
355 South Johnson

TRIPLEX A place a tenant can call home… each of the 3 apartments has character and charm, situated in a quaint established neighborhood on the corner of Johnson and Whitman, each apartment has its own main level entrance. Turn key investment, seller has completely updated including installation of separate meters for gas and power and has carefully maintained this home. Built 1918 Separate Water Heaters, Power Meters, and Heat All Apartments approved for Pocatello Housing   UNIT 1 3 Bedrooms 2 Bathrooms 1450 square feet Garage Laundry Hook-ups UNIT 2 1 Bedroom 1 Bathroom 863 square feet UNIT 3 3 Bedrooms 1 Bathroom 1200 square feet Laundry Hook-ups

SCHOOLS Elementary: Jefferson Middle: Irving High: Pocatello EXCLUSIONS 2 Rubbermaid Containers Electrical Generator Panel New fridge in unit 3, but a fridge will be included Portable Dishwasher Standing Fireplace Any Additional Personal Property FINANCIAL INFO   Current   2007 Rents       3 Bedroom 1 Bath (Rents for $650) 0   7,200.00 1 Bedroom 1 Bath 300.00   3,575.00 3 Bedroom 2 Bath 600.00   6,825.00         Total Rents 900.00   17,600.00         Expenses       Advertising     165.00 Cleaning       Insurance     359.00 Maintenance and Repairs     366.00 Property Taxes     1,570.22 Water, Sewer & Garbage 88.00   956.00 Gas and Power during vacancy     176.50         Total Expenses 88.00   3,592.72         Net Income     $ 14,007.28         DOCUMENTS Plat Map - 133 KB Property Disclosure - 364 KB Lead Paint Disclosure - 66.7 KB Utility Billing History - 60.8 KB Tax Info - 48.6 KB Bidder Registration - 89.5 KB Working in conjunction with Sue Kase of ReMax Country

Seating and Concessions Onsite.

 

ADDITIONAL NOTES

Thanks to all those who attended!

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TERMS

• Property is sold free and clear of all liens and encumbrances.
• Title Insurance is provided and ½ of closing escrow fee's.

Contract Terms:

• A Buyer's premium of five percent (5%) will be added to the high bid to determine the final contract price to be paid by the buyer. (The Auctioneer represents the seller and the auction fee in no way implies an agency relationship between the Auctioneer and Buyer).
• Property is sold "With all its benefits and faults, there is no warranty expressed or implied".
• Contingencies free (purchase not conditional upon obtaining of financing, inspection, selling of a home, someone else's approval, ect).
• Closing within 30 days of auction date.

Bidding Requirements:

• $5,000 check with bank guarantee, certified funds, cash, cashiers check. Returned after bidding to all unsuccessful bidders.
• Signed Bidder Registration Agreement.

Information Disclaimer:

• Information provided is derived from sources believed to be correct, but is not guaranteed, neither the broker nor the seller make any warranty or representation as to the validity or accuracy of any information provided.
• It is each bidder's sole responsibility to accomplish his own due diligence in whatever manner he deems necessary. Bidders must rely on their own information, judgment, and inspection of the property and records.
• All measurements are estimates.

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Auction to be held On-Site.

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