1412 Dewey St, New Albany, IN 47150

Uptown Income Producing Duplex Online Auction - Bidding Ends Tuesday, April 13 @ 2PM. Attention Investors! Two story vinyl siding duplex with one bedroom one bath unit per floor, located just off East Main Street in Uptown New Albany behind the recently renovated The Mansion on Main Assisted Living Community and Earth First. Each unit is equipped with a refrigerator and range, natural gas heat and central air. Tenants pay their own gas and electricity, the owner pays water and sewer. Potential monthly rental income of $875.00 plus. Currently units are rented month to month. Ground level unit rents for $500 - will become vacant May 1st. Upper level unit rents for $375.00. Minutes to downtown & expressways. BUYERS PREMIUM 10% Buyer's Premium added to the hammer bid price to determine the final purchase price. REAL ESTATE TERMS A non-refundable down payment (10% of the purchase price) in the form of cash, check, or wired funds are due within 24 hours following the auction, balance due in 40 days for clear title. Taxes prorated to the day of closing. Possession at closing per tenant's rights. Selling as is without contingencies, all inspections welcomed before the auction. See full details in the Auction Bid Packet.OPEN INSPECTION Monday, April 12, 4PM - 6PM