Property offered in Dayton, Ohio. This is one amazing bargain. This House is offered for sale by Owner located in Ohio. Built around 1905 the property is approximately 1268.00 square feet. Minimum offer is $20.5.
2-BEDROOM EXSISTING... CAN BE MADE INTO A 3-BEDROOM 1-BATH SINGLE FAMILY HANDYMAN SPECIAL INVESTMENT HOME located in Twin Towers District in Dayton, Ohio Property in need of total rehab. You are buying a shell. Can be kept as a RENTAL or for RESALE. Walking distance to University of Dayton, a Kroger's, a Walgreen's, area restaurants. Minutes from Miami Valley Hospital, Sinclair Community College, WPAFB, Fifth Third Minor League Baseball Park, the Oregon District, South Park, St. Anne's Hill, the Air Force Museum, 4 major highways, the Miami River, area amenities and shopping, and more. ABOUT DAYTON Dayton boasts culturally rich museums and visual art centers – The Dayton Art Institute and the Boonshoft Museum of Discovery to name two- and the Dayton Area recently celebrated the grand opening of the Schuster Performing Arts Center. The venue hosts performances, exhibits, and events from first class world touring groups and popular community organizations such as the Dayton Philharmonic Orchestra, the Dayton Opera, and the Dayton Ballet. The United States Air Force Museum, the oldest and largest military and aviation museum in the country, features a fascinating collection of both modern and old-fashioned flight apparatus. Situated at the “Crossroads of America” Dayton is well linked to Ohio’s highway network (10th largest in the country). Its prime location offers accessibility to jobs, recreation, shopping, and other necessities for daily living. Dayton, Ohio is the nation's number one 90-minute air market! In other words, you can reach 55% of the country's population and roughly 56% of the nation's income within 90 minutes by air. Over the road, Dayton ranks in the top 10 in the U.S. ABOUT THE NEIGHBORHOOD Twin Towers is a long-standing Dayton neighborhood that is the beginning of a renaissance. New homes are being constructed in the area. Sweat equity owners are renovating many others. It is an area attractive to the working class. 47% of the area is occupied by renters. Median house value in 2008 was about $85,000 which is up from 2000. Average household size is 2.3 people. Median age of area residents is 33.6 years. 52% of the area residency is families. Top industries in the area are hvac contractors, healthcare, and social services. HOME DESCRIPTION The exterior of this home needs minor repairs. Siding needs some repair. Mostly what the home needs is some windowsreglazed, others replaced, and new exterior doors. On the inside, the bedrooms and living room aren't too bad. It needs a new kitchen and bathroom as well as new plumbing, a new furnace, a new water heater, some repairs to the wiring, and then, of course, finishes. In addition to the photos shown, we have a video tour of the property at http://www.vidmails.com/playback.php?pl=ZTg1MjhlNDQwNDAzNTVhODNiMGY0NmRiNWM3MjJiNTU0OGI3Nz&crmid=1 INVESTMENT ANALYSIS Real estate values are the best they have been for investors to get positioned since the early 1980's. Now is the time to buy to take advantage of the next run up in real estate. Please take time to review a couple of the comparables of properties near this one. Median Value for homes in the area is $41,950. Once renovated, this home should be worth about $41,000. Check comparable sales below. Median rent for the area is $442. This house, once renovated, could bring a littl more. Typical area rent for a home like this is $550 per month. Area Comps Address Price Sold On Bd Ba Size (sqft) Lot (sqft) Year Price/SqFt Dist. (mi) 342 Wyoming St $45,000 05/26/2010 2 1.0 1,048 3,598 1900 $42 0.57 17 Johnson St $83,500 06/02/2010 2 1.0 1,566 4,090 1840 $53 0.59 920 Wyoming St $61,000 11/18/2009 3 1.1 1,694 5,039 1904 $36 0.28 TERMS Your bid will a bid for the full purchase price of the property. Closing costs are extra and will be the responsibility of the buyer. Closing will occur through a title agent at which time final payment will be due, and free, clear, good and marketable title to home (i.e., ownership of home) will transfer to successful bidder. Title will be insurable. Purchaser understands and agrees that he/she is purchasing this home in "as is, where is, how is" condition at the time of closing, with NO WARRANTY EXPRESSED OR IMPLIED. Any representations of this property are simply the opinion of the seller. Information is not warranted. All purchasers are encouraged to perform their own due diligence. SELLER ENCOURAGES ALL BIDDER/PURCHASERS TO DO THEIR OWN DUE DILIGENCE PRIOR TO PURCHASE AND VISIT THE HOME. Bidder/Purchasers may learn more about this home by calling our 24-Hour Free Recorded Information Line at 800.393.5032 Extension 86550. Bidder/Purhcasers may also learn more about this home at www.RealDaytonDeals.com. Any Bidder/Purchaser who wishs to arrange access may do so by sending us his/her full name and phone number. This is a CASH AUCTION. When submitting a bid, bidder must have funds on hand to complete the purchase. This is a speedy closing with no time to arrange bank financing. THIS AUCTION IS FOR SERIOUS BIDDERS ONLY. Please do not bid if you will not be willing to follow through withl your obligation. Any winning bidders who do not close will be reported to eBay for buyer misconduct. If you need additional pictures or have any questions, please ask before conclusion of the auction. CLOSING PROCESS Upon winning the auction, PURCHASER MUST CONTACT SELLER IMMEDIATELY via phone or email and provide the following: Name to be placed on deed. Phone Number Address to send settlement sheet. $2,000 non-refundable earnest money deposit or the full amount of your bid, whichever is lower, in the form of a cashier's check or bank wire transfer. This deposit must be received within 24 hours of winning the bid. If the seller has not received funds or heard from the purchaser within this period, the transaction will be considered void, and buyer misconduct will be reported to eBay. Purchaser also agrees to Seller adding the appropriate closing and transaction costs and assessments and taxes due to the amount of the bid. Closing costs are approximately $600-$700, and covers deed preparation, transfer tax etc. Title insurance is $200 extra. Exact amount due will be computed by seller’s title company handling the closing, and will be shown on the final settlement sheet. You will receive a clear and marketable title. Closing of this transaction is within 5 business days after the auction ends. The balance due must be sent to our title company via cashier's check or wire transfer on or before the closing date. The balance due is equal to the final sales price, less the earnest money deposit plus applicable closing costs and title insurance to be detailed on the settlement sheet. Our title company will prepare your deed and send the deed to the County to record into your name. You will receive confirmation that the deed has been sent for recording. Please ask any questions prior to the auction’s end. There is no time to do so once the auction is over. NOTE TO BIDDERS: Users with Feedback Score 5 or Less or users who are new to eBay must email Seller immediately with your full name and contact number. If you do not perform this request, we have the right to cancel your bid. YOU MUST READ AND AGREE TO THE TERMS PRIOR TO SUBMITTING A BID. Flint, Michigan, Indiana, To find out more, go to www.RealDaytonDeals.com or CALL our 24-Hour Free Recorded Message at 800.393.5032 ext 86550 Locally owned & operated Be sure to check out and click on our other auctions