1321 Gibbs NE Avenue
Canton, OH 44705

Online Only Auction - 3 Investment Properties - Canton City - ABSOLUTE AUCTION, all sells to the highest bidders online only. Auction #1: 1317 St. Elmo Ave. NE, Canton, OH 44705. Auction #2: 1321 Gibbs Ave. NE, Canton, OH 44705. Auction #3: 1014 Sherlock Place NE, Canton, OH 44714. ONLINE BIDDING STARTS: SATURDAY - JUNE 24, 2023 12:00 PM and ENDS: TUESDAY - JUNE 27, 2023 STARTING AT 1:00 PM. AUCTION #2: 1321 Gibbs Ave. NE, Canton, OH 44705. Real estate features a 3-bedroom, 1 full-bath single-family home. 1,303 SF of living space. Other rooms include a living room, dining room, applianced kitchen, and a large attic bonus room. Full basement w/ laundry hookups. Vinyl replacement windows. Good, shingled roof. Gas FA furnace. Public utilities. 100-amp breaker electric. Very good, long-term tenant for the past 8 years. Current rental income is $510 per month. Landlord pays water, sewer, and garbage bills. Current taxes are $540 per year. Note: All tenants are in good standing and are on month-to-month leases. Tenants desire to stay if the new owner allows. TERMS ON REAL ESTATE: 20% down auction day, balance due at closing. A 10% buyers premium will be added to the highest bid to establish the purchase price. Any desired inspections must be made prior to bidding. All information contained herein was derived from sources believed to be correct. Information is believed to be accurate but not guaranteed.