Four Investment Properties

Four Owensboro Investment Properties

Thursday, September 14, 2017

The Russel C. and Louise B. Jones Trust, by Independence Bank Trustee, has authorized Kurtz Auction & Realty Co. to sell the following properties regardless of price.

These income-producing, well-maintained properties provide a wonderful investment opportunity. Rarely are four investment properties of this nature available at one time.

All Properties sell onsite

10:00 AM - Duplex 723 - 725 Deer Trail, take Martin Way north off W. Second Street SOLD FOR $87,500

• Total of 1,691 sq. ft. (PVA)
• Each unit has two bedrooms, one bath
• New dimensional roof in Feb. 2017
• Current monthly income total of $925
• 723 will become available 9-1-17

10:45 AM - Duplex 1319 - 1321 Western Court, take Western Ct. north off McFarland SOLD FOR $92,500

• Total of 1,772 sq. ft. (PVA)
• Each unit has two bedrooms, one bath
• New dimensional roof in Feb. 2017
• Current monthly income total of $905
• Unit 1319 has been recently remodeled
• Unit 1321 has been leased by same occupant since June, 2005

11:30 AM - 668 Carter Road  SOLD FOR $69,000

• Total of 925 sq. ft. (PVA)
• Single Family Residence
• Home has three bedrooms, one bath
• Durable corrugated roof
• Could be used as an owner occupied residence or an income property
• Current rental income of $595 per month
• Home has been leased to same occupant since August, 2012

12:15 PM - Duplex 514 Allen Street  SOLD FOR $76,000

• Total of 1,299 sq. ft. (PVA)
• Each unit has one bedroom, one bath
• New dimensional roof in Feb. 2017
• Garage with alley access
• Walking distance to downtown and Brescia University
• Current monthly income total is $840

Terms: 10% down day of sale, balance on or before October 27th, 2017. Bidders have ten days prior to auction for lead based paint and other inspections.

For more information or to visit the property contact David Hawes, Auctioneer.