Online Only Auction
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High Bid: 50,000.00 USD
1 Bid
Time Remaining: 15d 5h 36m - Wednesday 07:28 AM
Soft Close
Shipping Not Available
Reserve Not Met
Date(s)
10/23/2024 - 11/20/2024
AUCTIONEER INFORMATION
Bidding Notice:

A 10% Buyer's Premium will be added to the winning bid to determine the contract selling price for real estate. (Example: Bid Amount $100,000.00 + 10% Buyers Premium ($10,000.00) Contract selling price is $110,000.00, 10% non refundable down payment $11,000.00) is due on the next business day by 12:00pm. Cashier Check, Wire Transfer or personal check secured by personal demand note.


Information
Lot # 2
Group - Category Real Estate - Residential
Lead 198 W Main Street, Taylorsville, KY Tri-Plex
Description
Great tri-plex in the heart of Taylorsville. Original brick home is 3 bedroom 1 bath and rents for $550.00 per month. The to two additional units are each 2 bedrooms 1 bath and rent for $500.00 each per month. Total rent roll is $1550.00. 198 W Main Street-Main House-photos coming soon 198 W Main Street Street, Unit 2, 2 Bedroom, 1 bath, living room and kitchen. Updated vinyl plank flooring, and updated bathroom. Rent - $500.00/mo. Tenant pays electric, landlord pays water. Radiant heat, and window units. 198 W Main Street Street, Unit 1, 2 Bedroom, 1 bath, living room and kitchen. Rent - $500.00/mo. Tenant pays electric, landlord pays water. Radiant heat, and window units.
Name Multi-Family Investment Auction-Taylorsville, KY
Auctioneer
Type Online-Only Auction
Date(s) 10/23/2024 - 11/20/2024
Auction Date/Time Info
Bidding ends on Wednesday, November 20, 3pm w/ extended bidding.
Preview Date/Time Wednesday, November 13, 12-2pm
Checkout Date/Time Closing on December 20, 2024 or sooner.
Location
Buyer Premium 10% Buyer's Premium will be added to bid
Description
88 Donna Road, Elk Creek, KY Excellent Investment Opportunity!! Here is your chance to add to or start your investment portfolio! 6-Plex situated on 1.5 acres and each unit is 2 bedrooms, 1 bath. Separate meters, landlord pays water. Rent roll is $3600.00 per month. Tri-Plex in the city of Taylorsville, Rent roll $1500-1650.00 per month, and single family home with 2 bedrooms, 1 bath, Rent $600.00 per month. Seller has no financial information, due to properties being inherited.
BUYER'S PREMIUM: A 10% Buyer's Premium will be added to the winning bid to determine the contract selling price for real estate. AUCTION LOCATION: ONLINE ONLY AT BIDKENTUCKY.COM TERMS & CLOSING: Purchaser shall make a down payment of 10% of final sale price at the conclusion of the auction of in the form of cash, certified check, cashier's check, or good personal check secured by purchaser's personal demand note payable to the RE/MAX 100. Balance to be paid for a special warranty and insurable title on or before December 20, 2024. Possession with deed. In the event BUYER fails to perform according to the terms of this contract, the down payment shall be forfeited as partial liquidated damages, and not as a penalty, without affecting any of SELLER'S further remedies. Property is selling AS IS and not subject to financing, appraisals or inspections. Buyers may obtain inspections at their own expense. Buyer is to verify lot size, square footage, restrictions, floodplain, and taxes. Auctioneer/Broker/Seller will not be liable for this information. PRIOR SALE: Offers will be considered prior to auction ending. REAL ESTATE PRORATIONS: Real estate taxes to be prorated to date of delivery of Deed on property. Broker Participation: 2% commission offered to cooperating agent. Agent must show and register buyer 24 hours prior to auction ending. Email Julie at louisvilleauction@gmail.com for broker registration form.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 95.00 5.00 USD
95.01 - 975.00 1,000.00 USD
975.01 - 9,750.00 1,000.00 USD
9,750.01 - 97,500.00 1,000.00 USD
97,500.01 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 10% Buyer's Premium will be added to bid