Opportunity to rehab this incredible home only two blocks from Richmond circle. The property has a brand new tear roof and new gutters. Could be converted to a single family home. Massive amount of rehab potential. Property is assessed for $276,000 dollars. The most recent sale on the street is $321,000 dollars. Property needs total rehab and garage needs to be knoccked down. This is not a rehab for the first time rehabber. There will be absolutely no showings or final walkthrough, house is sold in as-is condition. Owner is licensed real estate broker. Bidder registration forms and terms of auction are in attachments and must be filled out and emailed to listing agent prior to your client registering to bid, absolutely no exceptions. 10% buyer premium will be added to the high bid amount and is due within 24 hours of auction ending in the form of a cashiers check. House has code violations, house is sold subject to any remaining code violations. All utilities are currently off and will not be turned on prior to closing.
Terms - A deposit of 10% will be collected on the day of the auction with the balance due at closing. A 10% buyer premium will be added to the final purchase price. The Seller is responsible for search and real estate transfer tax at the time of closing.
