Lender Owned Onsite Auctions - 2 Apartment Buildings in Central Falls, RI

Lender Owned Onsite Auctions ~ Prime Investment Opportunity ~ 2 RI Apartment Buildings

Central Falls, RI (PRWEB) November 8, 2009 -- JJManning Auctioneers and Auction Management Corporation are pleased to offer a 6-unit and 12-unit apartment building in Central Falls, RI.

The 12-unit apartment building is located at 126 Sumner Ave., Central Falls, RI. It's a 8,286+/-sf, 3-story brick building that was built ca. 1935. There are (10) 1-bedroom and (2) 2-bedroom apartments. All of the apartments have a living room, large pantry, full bathroom, new windows and many updates. The building is located near shops, restaurants, bus stops and schools and there's plenty of parking.

The 6-unit apartment building is located at 30-32 West Hunt St., Central Falls, RI. This is a 4,946+/-sf, 3.5-story apartment building on a 4,755+/-sf lot, built ca. 1925. All units have new windows and many updates. There are (1) 3-bedroom, (2) 1-bedroom and (3) 2-bedroom apartments.

Auction: Wednesday, November 18th, 2009 On-Site
11am: 126 Sumner Ave., Central Falls, RI
Property Preview: November 11th from 10am-12pm

1pm: 30-32 West Hunt St., Central Falls, RI
Property Preview: November 11th from 1pm-3pm

Terms: $20,000 cashiers check required to bid on West Sumner, $10,000 Cashiers Check required to bid on West Hunt, 10% Buyers Premium added to winning bid to determine sale price, Sells As-Is, required cashiers check is winning bidder's Earnest Money Deposit , close by Wednesday, December 16th, 2009.

A 2% Buyer's Broker Commission is available; details & mandatory pre-registration requirements can be viewed at www.JJManning.com.

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