(2) 4-Unit townhomes offered in 2 Parcels, and misc.

AUCTIONEER/REALTOR:

Kristen Kiko, 330.234.7110, kristen@kikocompany.com, Peter Kiko Sr., 330.705.5996, peter@kikocompany.com; KIKO Auctioneers; www.kikoauctions.comDIRECTIONS: From downtown Massillon, head east onto Lincoln Way for 3 miles then right onto Hinderer to auction. Watch for KIKO signs.REAL ESTATE. Income producing property with (2) 4-unit townhomes. Tenants pay water, electric and gas. Owners pay sewer (approx. $212/mo.), trash ($180/mo.), security light ($22/mo.) and lawn care. Each building has parking pads out front. All tenants are on MTM leases. Gross income is $65,820 with room to grow. Each unit has natural gas heat, and central A/C. Total half year taxes are $4,314. Property to be offered as follows:PARCEL #1:

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516 Hinderer Ave. SW, Stark Co. Parcel #4312052

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516: 2-bed, one-bath, rent is $700/mo.

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518: 3-bed, one-bath, rent is $600/mo. Tenantmows for discounted rent.

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520: 2-bed, one-bath, rent is $635/mo.

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522: 3-bed, one-bath, rent is $725/mo.

PARCEL #2:

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524 Hinderer Ave. SW, Stark Co. Parcel #4312051

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524: 2-bed, one-bath, rent is $685/mo.

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526: 3-bed, one-bath, rent is $675/mo.

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528: 2-bed, one-bath, rent is $715/mo.

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530: 3-bed, one-bath, rent is $750/mo.

Great investment for an owner occupant or investor. Parcels will be offered through our multi-par system and sold whichever way it brings the most. Buy one or both! Bank financing available to qualified bidders. Ask auctioneer on how to use your current property to buy this one!

TERMS ON REAL ESTATE: 10% down auction day, balance due at closing. A 10% buyer’s premium will be added to the highest bid to establish the purchase price. Any desired inspections must be made prior to bidding. All information contained herein was derived from sources believed to be correct. Information is believed to be accurate but not guaranteed. Property to be offered as a Multi Par auction and sold whichever way it brings the most.

ABSOLUTE AUCTION

Income Producing Property, (2) 4-Unit Townhomes Offered In 2 Parcels, Stark Co., Perry Twp., Perry LSD

Live auction with online bidding available. All sells to the highest bidder on location.

Wed. Mar. 19, 2025 – 12:30 pm

Units will open 10:30 am auction day

516 Hinderer Ave. SW,

Massillon, OH 44646