Absolute Auction of
6.33 Acres with 3 Houses in Tracts
Personal Property
Saturday, February 22nd, 2020 at 10:30 a.m. CST
1974 Lakeway Drive – Russell Springs, Ky
Over six acres of land in Russell Springs offered in five parcels featuring possible residences/rental properties and development potential. All having city utilities and perfect for adding multi-family dwellings.
Tract #1 contains a total of 2.60 acres. This tract has a house, detached garage, additional outbuildings as well as a good barn on the back-side of the tract. It is easily possible to build additional dwellings. This tract is perfect as a residence or for rental and development.
Tract #2 measures 1.20 acres. It has two houses (one is a fixer-upper project for adding additional rental income plus another house currently rented).
Tract #3 joins Tract #2 and contains 1.11 acres. This vacant cleared tract would make an excellent combination with Tract #2 to add room for building additional rental properties or for building your personal home having rentals for added income.
Tract #4 measures 1.07 acres and has all city utilities available. This is a perfect building spot.
Tract #5 measures .53 acres and also has city utilities available. This is another ideal spot for building a duplex or a personal residence.
PERSONAL PROPERTY INCLUDES: China cabinets * bedroom furniture * freezers * refrigerators * dishes * lawn mowers * air compressors * anvil * selection of lawn and garden tools as well as hand tools * wood stove * canning jars * wood working tools * ladder, plus many many other items.
TERMS: 20% down the day of the auction, with the balance due in full within 30 days for the real estate. All personal property items must be paid for in full the day of the auction with either cash, check or major credit card in full. All credit sales are subject to a 3% processing fee.
Note: There will be a 10% buyer’s premium added to the last bid to determine the final sales price.
Note: The purchaser of a single-family residence built before 1978 has a period of ten days to inspect the property for the presence of lead-based paint. The inspection period is February 11th, 2020 through February 21st, 2020. The successful bidder must sign a waiver of the 10-day post-inspection period.
AUCTIONEER/BROKER/SELLER DISCLAIMER: The information contained herein is believed to be correct to the best of the auctioneer’s knowledge. The information is being provided for the bidder’s convenience and it is the bidder’s responsibility to determine the information contained herein is accurate and complete. The property is selling in its as-is condition with no warranties expressed or implied.
Announcements made the day of the auction take precedence over printed matter.
For additional information or appointment to see the property, contact the auctioneers at 606-679-2212.
Note: There will be a 10% buyer’s premium added to the last bid to determine the final sales price.
Note: The purchaser of a single-family residence built before 1978 has a period of ten days to inspect the property for the presence of lead-based paint. The inspection period is February 11th, 2020 through February 21st, 2020. The successful bidder must sign a waiver of the 10-day post-inspection period.
AUCTIONEER/BROKER/SELLER DISCLAIMER: The information contained herein is believed to be correct to the best of the auctioneer’s knowledge. The information is being provided for the bidder’s convenience and it is the bidder’s responsibility to determine the information contained herein is accurate and complete. The property is selling in its as-is condition with no warranties expressed or implied.
Announcements made the day of the auction take precedence over printed matter.
For additional information or appointment to see the property, contact the auctioneers at 606-679-2212.