ONLINE AUCTION
8294 Old RR Bed Rd
Ardmore, AL 35739
Bids Close at Noon
Thursday April 11, 2024
Video Tour
Up next for bid is a brick duplex featuring 1100± sq. ft. per unit, offering 3 bedrooms and 1.5 bathrooms in each. Currently, it generates $1700 per month in rent. It has been professionally managed for the last several years and has a great rental history. This auction presents an excellent opportunity for both new and seasoned investors to purchase a cash-flowing asset. Give us a call with any questions, and then bid to win at redstoneauctions.com.
Photo Gallery
PREVIEW
Wed. April 10 • 10 am to Noon
** UPDATE – the tenant in Unit A has given notice to vacate to the property manager. It will likely be vacant at closing. This will allow the new owner the opportunity to increase the rent for Unit A to match the rent of Unit B, which is $1000/mo. This would mean an even higher cash flow. **
Terms: 10% down due at close of auction with balance due on or before 30 days. A 10% buyer premium applies. Bidders are encouraged to conduct due diligence and inspect prior to sale day. Sells in “AS IS” condition. Contents of this ad derived from sources believed to be correct but not guaranteed. Homes constructed prior to 1978 may contain lead based paint, please contact us to inspect at least 10 days prior to the sale. All measurements and acreages provided are considered more or less, please verify all information to your satisfaction. Plat maps not to scale. Full terms and conditions available for review at time of bidder registration.
Redstone Auctions represents the seller in all listings. Disclosures: Licensing Info | Alabama Real Estate Brokerage Services Disclosure | Sales Contract | Affiliated Business Disclosure