3 Fantastic Income Properties in Garrett, IN

Excellent Rental History | Newer Remodels | Perfect Income Opportunity | 1: 3BR 2BA | 2: Duplex - 2BR 1BA x2 | 3: 4BR 2BA

Multiple Auction Locations (3)

Tuesday, October 8th, 2019 @ 5:30 pm

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3 Fantastic Income Properties in Garrett, IN
Excellent Rental History | Newer Remodels | 1: 3BR 2BA | 2: Duplex - 2BR 1BA x2 | 3: 4BR 2BA 
Open Houses:

Monday, Sep 16th @ 5:00 - 6:30 pm
Monday, Sep 30th @ 5:00 - 6:30 pm

Property Features

  • 604 S. Franklin St.:

    A few blocks from Garrett School. Excellent rental history. Current Tenant has been there 5 years. Most windows replaced in recent years. Fenced yard.

    Tenants pay: $765.00/Month plus utilities.

    Month to month and tenant wishes to keep renting.

    3 bedroom, 2 full baths. Basement with w/d hookups

    Appliances stay

  • 617 E. King St.:

    Duplex- One block from Garrett school. Excellent rental history. Recent remodels. Roof and most windows replaced in recent years. Large home on large lot. Well landscaped. Utilities are completely separate.

    Tenants pay:
    $475.00/Month plus utilities upstairs
    $625.00/Month plus utilities downstairs

    Upper tenant is moving out.

    Lower tenant is Month to month and wishes to stay.

    2 bedroom, full bath

    2 bedroom, full bath
    Attached 2-car garage & Basement with w/d hookups

    Appliances stay

  • 1711 South Rd.:

    A few blocks from Garrett School.

    Tenants pay: $1,100/Month plus utilities

    10 months left on the lease.

    4 bedroom, 2 bathroom

    Appliances stay

    Complete remodel two years ago

    Windows-thermal pane, tilt in
    Floors-carpet in bedrooms, hard surface everywhere else
    Lighting (mostly LED)
    Appliances-refrigerator, stove, dishwasher, garbage disposal
    Kitchen-countertop, stainless steel sink, faucet, lights...
    Bathrooms-faucets, sink toilets...
    Closet systems in all 4 bedrooms
    & Much more

    It has an attached two car garage with a large driveway, a covered back patio, fenced back yard, central air conditioning, walk-in pantry, & washer/dryer hookups. Great storage

  • Tenant Occupied

    Please visit one of our open houses for specific features

Real Estate Terms

Buyer Brokers welcome (contact auctioneer for details).  $6,000 down day of auction for each individual property, balance on closing.  Buyer(s) to pay winning accepted bid price plus a 2.5% buyers premium (2.5% of winning bid) due at closing.  Property sold subject to confirmation of the owner.  Property sold as-is, where-is.  Property sold for cash. (The sale of this property may be financed; however, the sale of this property IS NOT CONTINGENT to financing approval).  The information stated in this brochure are the opinions of the sellers, Scheerer McCulloch Auctioneers, Inc. and its agents, however, the decision to bid on the real estate property is entirely up to the individual bidders based on their own individual inspections, research and opinions. All statements, measurements, zoning and tax information are from reliable sources, however, are not guaranteed to be accurate. Statements made day of auction takes precedence over any and all previous oral or written matter.  Real estate closing within 35 days of auction.  *Real estate taxes: Real estate tax information stated indicates what the current owner is required to pay and is merely a guideline (the new buyer’s real estate taxes may or may not be the same as what the current owners is required to pay). Real estate taxes prorated to date of closing.