March 9, 2015 (KANSAS CITY, Mo.) – Buyers have the opportunity of a lifetime to purchase residential and commercial properties in Dayton, Ohio, at auction prices. Sperry Van Ness Gryphon Parker will offer these properties for competitive bidding during an online-only auction running now through Monday, March 16 at 2 p.m.
“An online auction eliminates the concern of buyers ‘showing up’ for an event and allows people anywhere in the world to bid,” said Richard Kruse, president of Gryphon USA. “As well as an enhancement to a live event, these Internet-only auctions can be less cost prohibitive for the seller, and the issue of inclement weather is a nonfactor.”
The events will offer six separate properties to the public. These properties include:
- 221 Helena Street E, Dayton, OH 45404
- Multi-tenant office/warehouse
- 3.28± acres
- 41,500± sq. ft.; 12 units ranging from 1,100-10,000 sq. ft.
- Current gross rents: $8,840/month with three units vacant
- No reserve, $275,000 minimum bid
- 79.5% rented.
- Possible owner financing
- $106,080 current income
- $170,000 Potential Annual Income when fully rented at market rates
- Appraised in 2012 for $480,000.00, summary available
- 529-531 Corwin Avenue, Dayton, OH 45410
- Two-unit residential property
- 980± sq. ft. per unit
- Two bedrooms, single bath per unit
- Taxes: $494 per half
- Rent: $450 each or $900/month
- $10,800 Potential Annual Income
- This property offered absolute without reserve
- 261 Linden Avenue, Dayton, OH 45403
- Four-unit residential property
- 850± sq. ft. per unit
- Single bedroom, single bath per unit
- Fully rented
- Taxes: $1,031.27 per half
- Rent: $350 each or $1,400/month
- $17,000 Potential Annual Income
- This property offered absolute without reserve
- 312-314 Westwood Avenue, Dayton, OH 45417
- Two-unit residential property
- 912± sq. ft. per unit
- Two bedrooms, single bath per unit
- Fully rented
- Taxes: $431 per half
- Rent: $400 each or $800/month
- $9,600 Potential Annual Income
- This property to be sold subject to owner confirmation
- 559-561 Evergreen Avenue, Dayton, OH 45417
- Two-unit residential property
- 684± sq. ft. per unit
- 1 two-bedroom, single-bath unit, 1 single-bedroom, single-bath unit
- Fully rented
- Taxes: $443 per half
- Rent: $400+$350 or $750/month
- $9,000 Potential Annual Income
- This property to be sold subject to owner confirmation
- 325 Parkwood Drive W, Dayton, OH 45405
- 17- to 18-Unit Residential Property
- 1,080± sq. ft. per unit
- Two bedrooms, single bath per unit
- Brick construction
- Taxes: $2,343 per half
- Potential rents are in the $400-$450 range or potential or $7,650/month income
- $80,000 Potential Annual Income
- This property offered absolute without reserve
- Needs complete rehab
Property details, photos, and terms and conditions can be found at Proxibid.com/Gryphon, or by contacting Shawn J. Dostie at 740-502-1017.
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