February 22, 2012 -

HUGE MULTI RESIDENTIAL AND COMMERCIAL BUILDING O'FALLON PARK SAINT LOUIS MO (180799137320)

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Huge multi residential and commercial building O'Fallon Park Saint Louis MO
WARRANTY DEED! CLEAR TITLE! NO LIENS! NO BACKTAXES! NR!
TIME REMAINING BID AT  
COMPLETED
Jan-27-12 14:30:57 PDT
$4,300.00
30 Bids     bid increment:$50.00
No Reserve
 
Listing Type Traditional Auction
Link to eBay View on eBay
Quantity Available 0
Currency USD
Seller supersackson
Feedback Score 2
Member Since 2011-01-21
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Item Location Saint Louis, MISSOURI
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NO RESERVE!!!

WARRANTY DEED PROVIDED!

FREE & CLEAR TITLE! NO LIENS! NO MORTGAGES! NO BACK TAXES!!

YOUR FINAL WINNING BID IS THE FULL PURCHASE PRICE NOT A DOWN PAYMENT!

ATTENTION BIDDERS: IF YOU DO NOT UNDERSTAND THE LISTING OR WON'T BE ABLE TO PAY WITHIN 48 HOURS AFTER AUCTION ENDS, PLEASE DO NOT PLACE A BID. IT COSTS LOTS OF MONEY TO LIST REAL ESTATE ON EBAY. PLEASE BE CONSIDERATE. THANK YOU.

PROPERTY DESCRIPTION:

Property Type:                                      3 story Residential & Commercial                

Number of residential units:                   4

Number of commercial units:                 1

Property Address:                               1967 -1969 E Alice Avenue

City:                                                    Saint Louis                      

Postal/Zip Code:                                  63107

Neighborhood:                                     O'Fallons Park

Year Built:                                            1896

State/Province:                                    MISSOURI 

Sq Footage (Sq. Ft.):                          4,090 sq ft

Lot Size:                                                     5,382 sq ft

Legal description:                               CB 3535 ALICE AVE  36 FT 10 IN / 38 FT 8 1/2 IN X 142 FT 6 INLOT W PT 1 CAROLINE POPE ADDN

 

This is a brick multi residential and commercial building located at 1967 -1969 E Alice Avenue, 63107 Saint Louis,  MISSOURI (O'Fallons Park neighborhood).

This is a huge corner lot!

Building is approximately 4,090 square feet on a 5,382 square feet lot. 

This brick property was built in 1896.

The average list price for similar homes for sale is $84,810 and the average sales price for similar recently sold homes is $72,000. 1967 E Alice Ave is in the O'Fallons Park neighborhood in Saint Louis, MO. The average list price for O'Fallons Park is $53,429.

Ground floor seems to have been a former grill bar, residential units are located upstairs. Separate entrances Front back and side. Parking available in front or in the back.

The brand new O’fallon Recreation Park is just a minute walk ! Look here;

http://www.thenorthsider.com/2011/02/40-goal-reached-on-rec-center/

 

This neighborhood is going through major improvements, lots of money is being spend on this area!

INVEST -> REHAB AND RENT! Endless possibilities…restaurant, tea room, bakery…rental units in the upper parts…make $$$

Check out listing online and look for similar size buildings (4000 SQFT min) in the area:

http://www.trulia.com/MO/Saint_Louis,4357,O%27Fallons_Park/#for_sale/4357_nh/4000p_sqft/price;a_sort

This is not ready to move in property and will need cleanup and renovation.

We have never been to the property. We do not have a specific repairs list. This would make a great rental or a new business for someone who has money and energy to rehab this building. We got this property as part of a pool and do not visit our properties due to our volume. You have to do your own due diligence as to what you can do with it. We are selling this property AS-IS, WHERE-IS WITH NO WARRANTIES EXPRESSED OR IMPLIED. SERIOUS BUYERS ONLY- BINDING AUCTION.  TITLE TRANFERRED WITH WARRANTY DEED, FREE & CLEAR TITLE! NO LIENS! NO MORTGAGES! NO BACK TAXES!! HURRY PRICES ARE GOING UP AGAIN!

 CLOSING PROCESS

Full Amount of the property will be due within 48HRS of the end of this auction and is to be sent directly to the closing company that is handling this closing and is to be held in escrow until closing is final 

Upon winning the auction the buyer must contact seller immediately via email and provide: 1. Name to be placed on deed 2. Phone number 3. Address to send settlement sheet.

A Purchase agreement will be sent to buyer within 48 hours and the buyer will need to sign and initial it and send back via email.

Full Amount of the property will be due within 48HRS sent to the closing company by Bank Wire or Cashier Check.

Seller will provide a Warranty deed to transfer this said property from the seller to the buyer! Buyer will get a copy of the deed within two weeks. The original deed will be sent for recording and buyer will expect the original Warranty deed from recorder’s office in 4-6 weeks.

Please add $500 Dollars to the final bid to cover our processing fees. This will include all fees such as preparing a Warranty deed, recording, etc.

Please ask any questions prior to the auctions end. There is no time to do so once the auction is over.

FREE & CLEAR TITLE! NO LIENS! NO MORTGAGES! NO BACK TAXES!!

 

ATTENTION BIDDERS: IF YOU DO NOT UNDERSTAND THE LISTING OR WON'T BE ABLE TO PAY DEPOSIT WITHIN 48 HOURS AFTER AUCTION ENDS, PLEASE DO NOT PLACE A BID. IT COSTS LOTS OF MONEY TO LIST REAL ESTATE ON EBAY. PLEASE BE CONSIDERATE. THANK YOU

ATTENTION:

IF YOU HAVE ZERO (0) OR ONE (1) FEEDBACK, YOU MUST CONTACT US BEFORE PLACING A BID. IF YOU BID WITHOUT CONTACTING US, YOUR BID MAY BE CANCELLED.

WE WELCOME BUYERS FROM OTHER COUNTRIES!

WE SPEAK FRENCH, DUTCH AND ENGLISH!

 

Legal Stuff:

The seller has relied on the previous owner or the county for information related to this property. Any potential purchaser should do his or her own due diligence prior to bidding on this property. We are selling this home AS-IS WITH NO WARRANTIES EXPRESSED OR IMPLIED. Buyer to accept this property in its current as-is condition. There may or may not be possessions left in the home. We have tried to provide as much information about the property as possible. There is a lot of information on the web, check it out. We do not have any specific list of repairs for this one. Photos of the property have been taken recently. All information is provided with no warranty of any kind.

 


On Jan-23-12 at 03:10:47 PST, seller added the following information:

RDS GROUP (http://www.deedsandrecording.com) will handle all the paperwork for the sale.

Winning bidder will send money to independent third party RDS Group, LLC, the title company, where it will be held in escrow until closing is complete.

Full details will be send to winning bidder.



On Jan-23-12 at 03:43:42 PST, seller added the following information:

 All our properties are owned by our company Monvira LLC






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