A recent fire has left this 998 sf Brick Cape Cod in need of significant rehab. Property has 3 Bedrooms and 1 bath. There is a detached garage with alley access behind home. Tax appraised at $71,090. he property will sell absolutely to the highest bidder regardless of price! Located in the Belmot neighborhood of Dayton, there is a great opportunity here for the experienced re-habber!
Lot Size: 998 sf on .1194 acre platted city lot.
Annual Taxes: $ 1,823.46
LEAD AUCTIONEERTim Lile
Sells Regardless of Price to the Highest bidder with no minimums or reserves. In order to bid you must bring a personal or business check made payable to "Ohio Real Estate Title" in the amount of $5,000 which will become your non refundable deposit if you are the high bidder. (Note: Deposit requirement DOES NOT indicate a reserve price or minimum bid.) The real estate is sold As Is with no contingencies. All inspections must be done prior to Auction. Close within 48 hours after auction. A 10% buyer's premium will be added to the high bid to obtain the final contract selling price. Short tax proration. Buyer pays all closing costs. General warranty deed given at closing with no liens or back taxes.
Deposit and Closing:
NOTE: Closing will be required within 48 hours after the auction! Ohio Real Estate Title will be prepared with closing file.
Realtor Participation: 2% Commission available to Ohio Licensee representing a successful bidder who closes on transaction. To collect a commission, Realtor's must:
1) Accompany your client to Open Inspection.
2) Register your bidder no less than 24 hours prior to the auction (form attached here)
3) Accompany your client to the auction.
4) Guide buyer to closing