Absolute Real Estate Auction
(7) Residential Multi & Single Family Investment/ Income Properties
Elmira / Wellsburg, NY
Wednesday August 1, 2018 6:00PM
Auction For All Properties To Be Held @ Auction Property 1 - 115 East Hudson St, Elmira, NY - Just Off Clemens Center Pkwy.
(7) Multi & Single Family Investment Properties & Vacant Lot In Good Locations
All Selling Absolute To The Highest Bidder, Regardless Of Price!!
Auction Property 1: Elmira, NY - 115 East Hudson St. 2-Story Multi Family Home With (1) 3BR Apt. Upstairs, (2) 1 Bedroom Apt's. On 1st Floor; Home Is Completely Rented, All Units Have Separate Utilities Paid By Tenants; All Units Have New Furnaces, Hot Water Heaters & Pex Plumbing; City of Elmira, Tax Map #: 99.07-5-49;
Auction Property 2: Elmira, NY - 1004 Hall St. 2-Story, Single Family Home, 3 BR, With Many New Repairs; City of Elmira, Tax Map #: 89.07-3-53;
Auction Property 3: Elmira, NY - 1316 Hall St. - Single Story, Single Family Home, 2BR / 1BA, New Furnace, Hot Water Heater, Appliances & Pex Plumbing; City of Elmira, Tax Map #: 79.19-3-70;
Auction Property 4: Elmira, NY - 1008-1012 Oak St, - 2-Multi Family Homes On 1 Lot Selling Together For 1 Price!!; 1008 Oak St. Is A 2-Family / Duplex, 4 BR's In Each Apt., Having All Separate Utilities!!; 1010 Oak St. Is A 3-Family Home w/ (1) 3 BR Apt. That Has Separate Utilities & (2) 2 BR Apt's. That The Utilities Are Paid By The Landlord; City of Elmira, Tax Map #: 89.07-7-1;
Auction Property 5: Elmira, NY - 1308 Grand Central Ave. Single Story, Single Family Home, 4 BR; NOTE: Will Be Offered Separately & In Combination With Auction Property 6 - 351 E. Center St.; City of Elmira, Tax Map #: 79.19-3-50;
Auction Property 6: Elmira, NY 351 E. Center St. 78 x 125 +/- Vacant Corner Residential Lot; City of Elmira, Tax Map #: 79.19-3-51; NOTE: Will Be Offered Separately & In Combination With Auction Property 5 - 1308 Grand Central Ave.;
Auction Property 7: Wellsburg, NY - 3684
East 4th St.; 2-Family, 2-Story Home, Separate Electric, Vacant; Also,
2 BR Apt. Separate Building Behind House, Vacant, Needs Work;
Village of Wellsburg, Tax Map #: 131.10-2-20;
Properties Sell Absolute, To The Highest Bidder(s) Regardless Of Price!!; Homes Sold As-Is, Where-Is, How Is, No Warranties; Any Tests Wanted Or Needed Must Be Done Prior To Auction;
Inspection of Properties: Thursday, July 26, 2018 From 5:30PM To 7:00PM ONLY; There Will Be No Other INTERIOR Inspections On The Properties, After This Date, To Respect The Privacy Of The Tenants; All Homes Are Presently Occupied With Tenants;
Terms Of Auction: A 10% Buyers Premium
Will Be Added To The Final Bid Price, The Total Becomes The Purchase
Price. 15% Down of Purchase Price Required Day Of Auction In Cash Or
Good Check w/ Positive ID, Balance Due On Closing in 30 Days Sells
Subject To No Contingencies, Be Prepared; For More Details & Pics
Refer To Our Website @
www.manasseauctions.com;
NOTE- Auction For All Properties To Be Held @ 115
East Hudson St., Elmira, NY:
Pictures and Maps Below To Each Property!
Auction Property 1: Elmira, NY - 115 East Hudson St. 2-Story Multi Family Home With (1) 3BR Apt. Upstairs, (2) 1 Bedroom Apt's. On 1st Floor; Home Is Completely Rented, All Units Have Separate Utilities Paid By Tenants; All Units Have New Furnaces, Hot Water Heaters & Pex Plumbing; City of Elmira, Tax Map #: 99.07-5-49;
Auction Property 2: Elmira, NY - 1004 Hall St. 2-Story, Single Family Home, 3 BR, With Many New Repairs; City of Elmira, Tax Map #: 89.07-3-53;
Auction Property 3: Elmira, NY - 1316 Hall St. - Single Story, Single Family Home, 2BR / 1BA, New Furnace, Hot Water Heater, Appliances & Pex Plumbing; City of Elmira, Tax Map #: 79.19-3-70;
Auction Property 4: Elmira, NY - 1008-1012 Oak St, - 2-Multi Family Homes On 1 Lot Selling Together For 1 Price!!; 1008 Oak St. Is A 2-Family / Duplex, 4 BR's In Each Apt., Having All Separate Utilities!!; 1010 Oak St. Is A 3-Family Home w/ (1) 3 BR Apt. That Has Separate Utilities & (2) 2 BR Apt's. That The Utilities Are Paid By The Landlord; City of Elmira, Tax Map #: 89.07-7-1;
Auction Property 5: Elmira, NY - 1308 Grand Central Ave. Single Story, Single Family Home, 4 BR; NOTE: Will Be Offered Separately & In Combination With Auction Property 6 - 1306 Grand Central Ave.; City of Elmira, Tax Map #: 79.19-3-50;
Auction Property 6: Elmira, NY 351 E. Center St. 78 x 125 +/- Vacant Corner Residential Lot; City of Elmira, Tax Map #: 79.19-3-51; NOTE: Will Be Offered Separately & In Combination With Auction Property 5 - 1308 Grand Central Ave.;
Auction Property 7: Wellsburg, NY - 3684
East 4th St.; 2-Family, 2-Story Home, Separate Electric, Vacant; Also,
2 BR Apt. Separate Building Behind House, Vacant, Needs Work;
Village of Wellsburg, Tax Map #: 131.10-2-20;
AUCTION PROCEDURE: Each Parcel will be offered on an individual twice. Parcels 1, 2, 3, 4 & 7 Will Be Offered Singularly Only; Parcels 5 & 6 Will Be Offered Singularly & In Combination, Whichever Is Greater;
First Round Each Parcel will be auctioned singularly and the high bids and bidder numbers will be recorded. We will then take a short recess to give everyone a chance to review the bids.
Second Round
The bidding on each parcel will be reopened and further bids will be
taken. The High Bids and
bidder numbers will be recorded. This is the Last time Parcels 1, 2, 3,
4 & 7 will be offered, and the high bidders on those parcels at the end
of this round will be the Buyer(s). For Parcels 5 & 6, Naturally, the
higher they are singularly, the less chance of the parcels selling in
combination.
*** A good point to remember! At the end of this Round, we will take a minute so that the High Bidders on Parcels 5 & 6 may decide whether they want to raise there bids or not, to keep them from selling in combination.
Combination: Auction Properties 5 & 6 will be offered in combination, and this will be done by taking the High Bids of both properties at the end of the First Round, adding the prices together, and then adding $1,000 to the total, and at that price, the bidding may open. If the bidding opens, it may continue from there and the high bid and bidder number will be the purchaser; If the bidding does not open, the High Bidders on the properties at the end of the First Round will be the purchaser(s).
Please dont be confused by the offering of the combination. It will be fully explained at the Auction, and any questions will be answered. Note: Dont Be Afraid. Sometimes the Parcels sell in singularly and sometimes in combination. No two Auctions are alike! Get in the place you want to be. Make Sure You Are Satisfied!
Auctioneers & Licensed Real Estate
Brokers
Whitney Point, NY
(607) 692-4540 / 1-800-MANASSE
WWW.MANASSEAUCTIONS.COM