AUCTION Price of $148,100 is the assessed value ONLY Not the Reserve Income Producing Apartment Building Auction Online Only Auction Location:?24 Water St Lumberport, WV 26386 GPS Coordinates:?39.373571, -80.346886 Bidding?is open & Starts closing?Monday?February?22nd,?at?7:00 P.M. Open House?Tuesday,?February?16th,?4:00 P.M.?to 5:00 P.M. See Income / Expenses Under the Documents Tab on our website *4 Apartments* 3 Two Bedroom Apartments * 1 Three Bedroom Apartment* 200,000 Cu. Ft. Free Gas * 30x 40 Empty Space*.40 Acre *?2 Half Bath* Built?on?in?1990?*4,800 SQ. FT. *2 Story 200?Amp Electric*Central Heat & Air on First Floor* Gravel Parking Lot City?Water Sewer Harrison?County* *District?10?Map?1804?Parcel?40 & 41 Kaufman Realty & Auctions of WV 399 W. Main St. Bridgeport, WV 26330 David Anthony Kaufman, Broker License #WV0030037 ? Wayne Yoder - Auctioneer/Agent License #WV0029880 Auc.?Lic. #2161 Andrew Yoder Jr. - Auctioneer/Agent License #WV0028890 Auc.?Lic?#2086 Terms:? 10% nonrefundable down payment due within 48 hours of the close of the Auction. No financing or other contingencies. Any required inspections must be completed prior to bidding. All information contained herein derived from sources deemed reliable but not warranted. Sold as?is?no warranties written or?implied. Property will be sold free and clear of any & all liens and encumbrances. Taxes will be prorated to the day of closing. 45 days to close. 10% buyer's premium will be added to determine the final contract price. Successful bidder will be emailed a contract to be executed and returned to Kaufman Realty & Auctions of WV.?Successful?bidders will deposit?10% of the Contract price in the?form of cashier's check or wire transfer to Kaufman Realty & Auctions of WV. The entirety of the remaining balance is due at closing or within 45 days. Instructions for wire transfer and /or cashier's check transmittal will be sent by e-mail to the successful bidder. Purchaser shall be responsible for wire transfer fees. Contract Documents will be sent by e-mail to the successful bidder must execute and fax or email back to Kaufman Auctions within 48 hours of the end of the auction. Successful bidders not executing and returning their contract with earnest money deposit within 48 hours of the conclusion of the auction will be considered in default. At the close of bidding. The system is set to add a?5-minute?extension when a bid is placed within the last 5 minutes and will do so until no one bids during the allotted time. Buyer's?Premium Example: Bid Price: $100,000 Plus 10% Buyers Premium: $10,000 Total Contract Price: $110,000? Down Payment $11,000 DISCLOSURE: Kaufman Realty & Auctions of WV is acting as Auctioneer/agent and is an agent for the seller only. DISCLAIMER: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on?it.?Sellers, their?representatives?and auctioneer/agent shall not?be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. BUYER/BROKER INFORMATION: Up to 3% Commission will be paid to any properly licensed buyer's broker who registers a successful buyer according to the Broker Participation Guidelines. Broker registers a successful buyer according to the Broker Participation Guidelines. Broker registration forms are available. Call for Broker Registration?Form or?print it from the documents tab for that specific Auction. Must be registered & Approved 24 hours prior to Auction. Brokers/Agents are not entitled to a commission if they are the purchaser. By initialing bidder verifies that they have read, reviewed, and agreed to the purchase documents available under the documents tab of this auction. If buyer requires a review of these documents by their counsel, this must be done prior to bidding.
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.
