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NEWARK INVESTMENT OPPORTUNITY IN HISTORICAL HUDSON NEIGHBORHOOD
Listing ID#: 467185
Sale Location |
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Newark , OH 43055 |
Sale Dates and Times |
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Bidding Starts: Wednesday Jan 5, 9:00 AM Bidding Ends: Thursday Jan 27, 5:00 PM |
Sale Type |
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Online Auction (local pick-up only) VIEW ONLINE CATALOG |
Company Information |
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Charles J. White Contact: Charles White Phone: (740) 403-7612 Email: cwauctioneer@gmail.com Website: www.cwauctioneer.com EstateSale.com ID#: 8427 View company information and listings |
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Listing Terms and Conditions |
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Please see bidding catalog for complete terms and details
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Listing Information |
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NEWARK INVESTMENT OPPORTUNITY IN HISTORICAL HUDSON NEIGHBORHOOD VACANT DUPLEX FEATURING 3 BED/ 1.5 BATH ON ONE SIDE AND 1 BED/ 1 BATH ON SMALLER SIDE 203-205 HUDSON AVE NEWARK OH 43055 ONLINE ONLY AUCTION BIDDING NOW OPEN, ENDS JANUARY 27TH 5PM AUCTION PREVIEW IS JANUARY 24TH, 3-5PM
This is a massive residence on the inside, with tall ceilings, newer vinyl windows, and insulated entry doors. The 203 side features 3 bedrooms and 1.5 baths, and includes several large spacious rooms. The 205 side has 1 bedroom on the second floor, as well as a bathroom, and includes the 3rd floor that has been used as a bedroom, with a large attic for storage. This property is setup as a duplex, with separate addresses, separate gas meters, water meters, electric meters, separate heating systems, separate water heaters, but has been used as large multi family home with access from either side. It can be converted very easily back to a duplex. All entry door keys currently match and were changed since the last residents left. The residence is currently vacant, has no utilities turned on, and may only be shown during daylight hours. There is a 2 car garage out back, and the residence utilizes a shared driveway. PLEASE NOTE, there is a lot of debris and personal property on the 3rd floor as well as the garage. The first 2 floors have been largely cleared of debris and personal property. Everything inside this house will be transferred with the property as part of the terms, including the garage. SEE ALL PICS provided or attend the open house/ preview. Simply put, this property will need work. Please know what you are getting into! The mechanical are untested, but as far as we know we’re working when the property was vacated in early December.
Terms- See terms on bidding catalog for complete list, but do note, 10% buyers premium will be applied to the final bid price to get a total purchase price. 10% non refundable deposit is due upon winning the bid, contract must be completed within 24 hours of auction ending. This property sells as-is where-is. Any contents of this property will be left inside and become property of the new owner. This is a cash only auction, 30 day close. There are no contingencies to the auction purchase contract, simply put, you will pay the final bid price, plus the buyers premium, plus the closing costs associated and this transaction will be handled by First American Title Company in Newark Ohio. Financing is not an option for this auction. Any inspections and due diligence by the prospective buyer must be completed prior to the auction ending, we are looking for a quick close on this property. Title work will be uploaded to the website once we have it completed, and we should be ready to close as quickly as possible.
Taxes and legal- Parcel No. 054-277596-00.000, Taxes TBD
Charles J White CAI Auctioneer/ Realtor Kaufman Realty and Auctions (740) 403-7612
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