2 Story Youngstown Ohio Property with Land. 7 Day Auction For Sale By Owner Real Estate, Investment, Investors, House, Home 3 Bed

Sold $2,100.00 54 Bids, eBay Money Back Guarantee

Seller: super-a-wholesalers (151) 98.2%, Location: Youngstown, Ohio, Ships to: Free Local Pickup, Item: 274007965689 2-Story Home in Youngstown Ohio 7-Day Auction! No Reserve / Must Sell / For Sale By Owner The Top Bid is For The House and Land The Only other Fee is the $299 Closing Fee Welcome! Hello, and thank you for taking the time to visit my eBay Real Estate auction. My name is Reemon and I am the owner of this 3 Bedroom Home located in Youngstown Ohio. This is a 7-day auction and the deed will be transformed to the new owner within 14 days after the auction. Please feel free to contact me at (330) 766-4408 (Call or text) or you may reach me at remgha@yahoo.com. About the property! Built in 1916, this is a solid 1314 Sq Foot 3 Bedroom Single Family Home (that does not include the huge attic and the basement). The downstairs consists of a large living room, dining room, and kitchen. The Upstairs consists of 3 bedrooms, the bathroom, a side balcony and a huge 3rd floor attic. The Home is a fixer upper and is in need of a good amount of work, not just the roof, but the utilities will also need repairs along with siding window work and the cosmetics on the inside. I began the repairs but could not complete them due to time and financial restrains. What do I think it would cost to repair this home? I would guess $4,000 for a new roof (which is what caused most of the damage), $4,000 for the utilities repairs and another $4,000 in cosmetic repairs (windows, carpeting, finishing the interior paint). So expect to put in between $10,000 to $15,000 into repairs (far less if you do the work yourself). I had painted a lot of the inside but cannot complete the project at this time, so I am selling it as is. The neighborhood is about average for Youngstown, most of the homes on this street are rental properties. Homes in Good condition in this neighborhood average about $25,000 in price. As an Investment! For many of you this property will be an opportunity to buy and live in your own very own house debt free without throwing away money on rent. Others are looking for an investment property. Fair market rent for this area is about $425 to $475 for 3 Bedroom homes. These are fair and honest numbers that I have personally gotten from my tenants in the past for similar properties. There is a demand for housing and it usually takes me between 30 to 40 days to find quality tenants for a Home in Good condition. Another Great benefit of buying this house are the extremely low Property taxes. Property Taxes are very low at just $346.25 A year. Please be aware that there are $3,954.18 in back taxes that have not been paid yet. The New owner will be responsible for this amount. You don’t have to pay this amount all at once to the city, the city does have a payment program to pay off the back taxes over a period of a number of years. Section 8 Housing! One of the best things I like about buying property in this area is the availability of section 8 housing. If you are just getting started in Real Estate; you should know about this awesome program. Section 8 housing is for limited and low-income families who qualify for government paid housing assistance. The city will pay part or even all of their rent for them as their income level qualifies. The benefits of having a section 8 house is that your rent is guaranteed every month on time and the tenants tend to stay longer assuming you maintain the property. Setting up a Section 8 house is easy and I would be happy to walk you through the process (I have done a number myself with Good results and I highly recommend section 8 housing). How the process works! A 10% deposit is sent via Paypal within 24 Hours after the auction ends. If you do not have a paypal account, please contact me for other arrangements (i.e money order, Bank wire or Bank Check). All the paper is sent to you via email. You simply sign the documents and sent the remaining funds in to have the deed recorded in your name. The title company I use and have used for the past 10 years is Commonwealth Suburban title agency in Youngstown Ohio 3620 stutz Dr, 44406 Phone Number (330) 965-2290. Once the deed is recorded in your name I mail you the keys along with a copy of the deed. It’s that simple and the process usually lasts between 14 and 21 days. Out of State and even out of Country buyers are perfectly welcomed and allowed to purchase Real estate here. A few final words! Thank you once again for taking the time to view my real estate auction. I really do appreciate it. I have told you everything I know about this property to be completely fair and honest with you and have taken honest and fair pictures to show you the true condition of the property. All that I ask in return is that you treat me with the same degree of consideration. It costs a lot of money to auction real estate on Ebay so please do not place a bid unless you have your funds ready and can close within 14 days. All of the pictures where take by myself (The Owner) very recently. You are more than welcome to come and visit the place and meet me in person, but please make arrangements to do so before the auction ends. Your Top bid is the full purchase price of both the Property and the land it sets on. So please bid up to whatever amount you feel this estate is worth to you. There are no other costs other than the closing fee, which is a very modest $299. Thank you once again & happy bidding. Condition: Please See Pictures and Read the Whole Ad, Property Address: 252 E Lucius, Number of Bedrooms: 3, State/Province: Ohio, Seller State of Residence: Ohio, Number of Bathrooms: 1, Zip/Postal Code: 44507, Property Type: House, City: Youngstown, Square Footage: 1314, Setting: Suburban, Sale Type: Existing Homes, For Sale by: Owner, Year Built: 1916

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  •  Popularity - 1,484 views, 40.1 views per day, 37 days on eBay. Super high amount of views. 1 sold, 0 available. Super high amount of bids.
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