Beautiful 3 Bed 1 Bath 1,672 SQ Ranch House on a Very big lot (Country Home) No Reserve; Rented at $500 a month (long term lease)

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Seller: thebeautifulpacific (34) 100%, Location: Warren, Ohio, Ships to: Free Local Pickup, Item: 402183416840 2970 Palmyra Rd SW Warren Ohio 44481 Amazing Real Estate Opportunity!!! Magnificent Country Ranch Home with a True Market Value of $69,400.00 The property was sold for $49,900 1/18/1995. It resold for $97,400 on 6/21/2002 Excellent Location!!! This is A Very Safe & Clean Area The house is located in the countryside of Warren, not the inner city No Reserve!!! Buy it Now Price $39,900!!! You will be buying this Property with immediate and true equity because it is being wholesaled for far less than what it is actually worth. Your Bid is the Full Purchase price The Only Other Cost is the closing cost of only $195 Welcome! Hello, and thank you for taking the time to visit my eBay Real Estate auction. My name is Reemon and I am the owner of this beautiful 1,672 SQ Foot 3 bedroom Ranch House located in Warren Ohio. Please feel free to contact me at (330) 766-4408 (Call or text) or you may reach me at This is a 3 Bedroom 1 Bathroom Ranch House with Attached Garage on Over Half An Acre of Land. It’s a single story home with vinyl siding, no basement and a slap foundation. The lot size is absolutely huge. The front yard is huge. The property sets on a piece of land that is 100 feet wide by 292 feet long. That is 0.67 acres of land. The property was built in 1951. The house is currently rented at $500 a month. There are 18 months left on the lease. The lease expires on November 1st 2021. The tenants are wonderful people. The annual taxes are $1,346.14 About the tenants!!! The house is currently rented to Melissa Harris and her half brother Peter. I met them as a real estate investor looking for general inexpensive handy people years ago. They have lived in this house for about 5 years and I have known them for about 6 years. They used to do handyman repair jobs for my other properties in the area in exchange for free/reduced rent of this property. They are very good people, easy to talk to and down to earth and I can consider them personal friends of mine. They still do work for other investors in the area and Melissa will be starting Uber next month to help subsidize her income. The Rent is $500 a month with 17 months left on the lease. That's $8,500 in income right there. If you treat them right, don’t raise their rent (too much) on them and just be fair to them, I can see them staying here for a very long time. They love the house and the community and show no interest in leaving. Fair market rent for a house like this (once its cleaned up and with some repairs made) can easily bring in between $900 to $1000. Like I said its a very good house in a great neighborhood. However please keep in mind that the new owner will have to follow the terms of the lease until it has expired. I have included a picture of the tenants for your viewing. As an Investment!!! You will be buying this home with true immediate equity. It was sold on January 18th 1995 for $49,900 and again sold for $97,400 on June 21st 2002. The house really is worth between $50,000 to $75,000. I know this because after I purchased the home, I had a mortgage put on it in the amount of $56,000 through PNC Bank and they send an appraiser to the house to get this loan amount. The loan has been satisfied and there are no mortgages on the property. Yes the home does need some work and I took a picture of a roof leak just to be very fair and honest with you, but please remember these are handymen living here who can do most repairs themselves. Please also note that there are back taxes in the amount of $13,936.51 (that includes the first half of 2020 taxes in the amount of $673.07). You don’t have to pay this all at once; you can make quarterly payments to the city until this amount is paid off. The city has a program where you make monthly or quarterly payments for a period of 5 years. But I want to be honest with you and let you know that. This is one of the reasons I am selling this property so inexpensively although it is worth so much more. A Wonderful Environment!!! One of the best features of this building is the location it's in. This is a wonderful and safe location. Most homes you find on Ebay being sold for under $20,000 are usually inner city houses in bad areas with lots of break in and higher crime areas. This house is in a very good neighborhood. It’s in the countryside of warren Ohio. In front of the house is a huge open field (I think its farm land but not 100% sure). The house is just 2 Minutes from Lordstown Ohio and 5 minutes from Newton falls. Homes in these areas routinely sell for over $100,000. Just do a Zillow lookup to see that homes on this street routinely sell for over $50,000. It’s a very safe and clean area, and even before I brought the house, it was setting vacant for over a year and never had any break Ins or vandalism. It’s that type of neighborhood. Zillow currently has this house valued at $80,000 Terms of Sale / How the process works!!! A 10% deposit is sent via Paypal within 24 Hours after the auction ends. The deposit is deducted from the full purpose price. If you do not have a paypal account, please contact me for other arrangements (i.e money order, Bank wire or Bank Check). All the paper is sent to you via email. You simply sign the documents and sent the remaining funds in and the title company will take care of the closing. Once the deed is recorded in your name I mail you the keys along with a copy of the deed. You will also receive a copy of the lease, and the tenant’s lease application. It’s that simple and the process usually lasts between 14 and 21 days. Out of State and even out of Country buyers are perfectly welcomed and allowed to purchase Real estate here. Your Top bid is the full purchase price of both the Property and the land it sets on. There are no other costs other than the closing fee, which is a very modest $195.00. A few final words!!! Thank you once again for taking the time to view my real estate auction. I really do appreciate it. I have told you everything I know about this property to be completely fair and honest with you. All that I ask in return is that you treat me with the same degree of consideration. It costs a lot of money to list on eBay so please do not place a bid unless you have your funds ready and can close within 14 days. You are more than welcome to come and visit the place and meet the tenants in person, but please make arrangements to do so before the auction ends. You don’t really need a property manager for a home like this, like I said, the tenants are handymen who can do many repairs themselves and they have worked for me fixing real estate for many years. If you would like to make me an offer please contact me at (330) 766-4408, please no low ball offers, I do not need to sell this property in a hurry, I am only selling it to focus on my other affairs. Like I said, I am selling it for far less than what it is worth, it’s a very good home and a great deal. This is a no reserve auction. It will sell regardless of price. Please bid up to whatever amount you feel it is worth to you. Thank you once again & happy bidding. Condition: Good, needs some work. Please see pictures, Property Address: 2970 Palmyra Rd SW, Number of Bedrooms: 3, State/Province: Ohio, Seller State of Residence: Ohio, Number of Bathrooms: 1, Zip/Postal Code: 44481, Property Type: House, City: Warren, Square Footage: 1672, Setting: Rural, Country, Sale Type: Existing Homes, For Sale by: Owner

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