CALL OR TEXT TODAY TO LEARN ABOUT BUYING AT AUCTION! 540-748-1359. You can buy an auction property with financing, find out more at www.bidnicholls.com. PROPERTY WILL BE SOLD ALONG WITH 805 & 807 RAILROAD AVENUE, FRANKLIN, VA 23851 ***AUCTION*** List price is STARTING BID only. Price TBD thru Online Only Bidding. Bidding closes on Wed., Feb. 8th, 2023 @ 11:00 AM EST. Please contact auction coordinator for information and details as all units are occupied. Please do not disturb the tenants. PUBLIC REAL ESTATE AUCTION EVENT ONLINE ONLY BIDDING!! Please bid early and often & understand that the online only bidding begins to close on Wednesday, February 8, 2023 @ 11:00am (Eastern). We've post descriptive photos, and there will be no official home tour due to each unit being currently occupied. Please contact auction coordinator for more information. 2 fully leased 2 BR/1 BA duplex units (4 residences total) in Franklin, VA (205 A & B Hall St. and 805 & 807 Railroad Ave.) All 4 units are currently leased (month to month) and are managed through a property management company: Total monthly revenue is $3,050. Each unit features 2 BR/1 BA, eat-in kitchen (all appliances convey), living room & attic Luxury vinyl plank flooring & carpet Heating & cooling: electric baseboard & window units Public water & sewer; electric water heater Covered front porch on all units; gravel driveways Other features: all units have been recently renovated (2022) to include new paint, luxury vinyl plank flooring, carpet in bedrooms, new 40 year shingles, roof ventilation & new gutters. Upgraded 200 amp electrical service in all units w/individual meter boxes for each unit. These duplexes are an excellent investment opportunity, and are conveniently located within minutes of Main St., schools, commerce, places of worship & more!! Tax Maps: 122-06811-1A-1A, 2 ; Zoning: R2; Yearly real estate taxes: $1,484.00; Units were built in 1918 and has vinyl siding exterior; WE GUARANTEE A FREE & CLEAR DEED Only $100,000 Starting Bid!! Need Financing for this property?? Please contact auction coordinator for details. FOR REALTORS: if you have been working with a Realtor, please have them complete their broker participation form. In order for the Realtor to be compensated, broker forms must be completed and submitted no later than 5 pm on the day before the auction (2/7/23), and all terms adhered to.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.