1-877-BID-OHIO (243-6446) 

Specializing in the sale of
Real Estate at Public Auction

570 E. MAIN STREET, LANCASTER, OHIO 43130

More Information

Description of Real Estate:  Parcel No. 0535020000; Legal Description: R 18 T 14 S 6 -6- .10A; Map Number 0502-02-094-00; Zoned Residential – (520) R - Two Family; Lancaster Corporation; Fairfield County, Ohio.  Lot Size being 50 x 90; improved with a 2-Story dwelling constructed in 1900, & containing approx. 1770 sq. ft. (per Fairfield County Auditor); with 9 rooms, 3 Bedrooms (could be 4 Bedrooms); 2 Baths, & a Partial Basement.  Home has Gas Heat, with City of Lancaster Utilities.  Downstairs Unit is 2 Bedrooms; Upstairs Unit could be 2 Bedrooms, with 1 being Small.  Taxes are $1,039.46 per year based off county valuation of $103,530.00.   

Auctioneer’s NoteA well maintained Duplex located on Corner Lot in City of Lancaster, Ohio.  Both Units are in Good Condition & currently rented.  Great Investment Opportunity to add 2 Units or get started in the Rental Business.   

Terms of Sale (Real Estate)The Real Estate is being offered at Public Auction with a Minimum Bid of $80,000.00.  A $5,000.00 Non-Refundable Deposit will be required by the Buyer day of sale, & the Balance of the purchase price will be due in full on or before February 25, 2020.  No Contingencies Accepted.  Title will pass by General Warranty Deed with Release of Dower, with no further evidence of Title being provided by the Seller(s).  Taxes will be prorated through date of closing; Possession will be subject to Tenant’s Rights.  (Downstairs Unit is Month to Month with Tenant living there 42 years; Upstairs Lease runs through end of February 2020.)  The Real Estate is being sold in, as-is condition in all respects with no warranties written, expressed or implied.  All Buyers will have the right to have the structure(s) & mechanics professionally inspected & to complete any environmental studies they might desire including but not limited to lead base paint.  Any & all inspections must be completed prior to sale date at the Buyer’s expense.  No Co-Op Fees being paid by Terryl A. Queen, Auctioneer/Realtor, and/or Ohio Real Estate Auctions LLC.  Any Buyer’s wishing to have Buyer/Broker Representation must pay their Buyer/Broker Fees. 

Lot Size: Lot Size: 50 x 90

Annual Taxes: $ 1,039.46


Property Map


LEAD AUCTIONEER

Terryl Queen
Email Terryl

C: 740-412-3608
W: 740-969-2983


DIRECTIONS:

 


Basic Terms:

Terms of Sale (Real Estate)The Real Estate is being offered at Public Auction with a Minimum Bid of $80,000.00.  A $5,000.00 Non-Refundable Deposit will be required by the Buyer day of sale, & the Balance of the purchase price will be due in full on or before February 25, 2020.  No Contingencies Accepted.  Title will pass by General Warranty Deed with Release of Dower, with no further evidence of Title being provided by the Seller(s).  Taxes will be prorated through date of closing; Possession will be subject to Tenant’s Rights.  (Downstairs Unit is Month to Month with Tenant living there 42 years; Upstairs Lease runs through end of February 2020.)  The Real Estate is being sold in, as-is condition in all respects with no warranties written, expressed or implied.  All Buyers will have the right to have the structure(s) & mechanics professionally inspected & to complete any environmental studies they might desire including but not limited to lead base paint.  Any & all inspections must be completed prior to sale date at the Buyer’s expense.  No Co-Op Fees being paid by Terryl A. Queen, Auctioneer/Realtor, and/or Ohio Real Estate Auctions LLC.  Any Buyer’s wishing to have Buyer/Broker Representation must pay their Buyer/Broker Fees.

 

Deposit and Closing:

30 Days to Close; Possession will be subject to Tenant's Rights. 

Realtor Participation:

Realtor showings and cooperation are encouraged.

Real Estate may be viewed prior to Auction date by contacting Terryl A. Queen, Auctioneer/Realtor, for a Private Viewing, or by attending one of the scheduled Open House Dates listed above. 

No Co-Op Fees being paid by Terryl A. Queen, Auctioneer/Realtor, and/or Ohio Real Estate Auctions LLC.  Any Buyer’s wishing to have Buyer/Broker Representation must pay their Buyer/Broker Fees. 

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