9 and 7 Unit Apt. Building and 6.85 Acres at Absolute Auction

by Ford Brothers, Inc.

When

April 07, 2017 Friday, April 7th at 5:30 p.m. Eastern

Where

Pauline Barnett Wiese Revocable Living Trust 748 and 750 Monticello St. Somerset, KY

How

Live / Online

Notes

Development and income producing properties along Monticello Street are quickly vanishing!! Take advantage of this opportunity to purchase a prime piece of real estate by joining us on the evening of April 7th at 5:30 p.m. for this all important real estate auction.

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Absolute Auction Of 7 and 9 Unit Apartment Buildings
And 6+ Commercial Acreage
Friday, April 7th at 5:30 p.m.
748 and 750 Monticello St. – Somerset, Kentucky

PREVIEW - PROPERTY CAN BE PREVIEWED ON FRIDAY, MARCH 31ST FROM 3:30 P.M. TO 5:30 P.M. 

Directions:  Property is located at 748 and 750 Monticello St. – Somerset, Kentucky.

Location being the key for any development, this prime parcel of property consists of 9.75 acres and is located one one of the busiest streets in Somerset.  These all occupied/waiting list apartment complexes are 7 and 9 unit buildings.  Each unit has living room/kitchen combination, bedroom and a full bath.   

This property will be offered in the following three tracts.

Tract #1 contains 6.83 acres with frontage along Monticello St.  One of the most heavily traveled streets in Somerset, this outstanding property is the ideal site for any type development property.  This property is improved already with a garage building and shed. 

Tract #2 measures .50 acres and also fronts Monticello St.  This tract features a 7- unit apartment building.  This building also has a Laundromat.

Tract #3 measuring .22 acres features the 9- unit apartment building. 

Auctioneers Note:  Development and income producing properties along Monticello Street are quickly vanishing!!  Take advantage of this opportunity to purchase a prime piece of real estate by joining us on the evening of April 7th at 5:30 p.m. for this all important real estate auction. 

TERMS:   20% down the day of the auction with the balance due in full within 30 days.

Note:  There will be a 10% buyer’s premium added to the last bid to determine the final sales price.

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 properties are selling in their as-is condition with no warranties expressed or implied.

Announcements made the day of the auction take precedence over printed matter.

For additional information contact the auctioneers.

TERMS: 20% down the day of the auction with the balance due in full within 30 days.



Note: There will be a 10% buyer’s premium added to the last bid to determine the final sales price.



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 properties are selling in their as-is condition with no warranties expressed or implied.



Announcements made the day of the auction take precedence over printed matter.



For additional information contact the auctioneers.

Conducted By

Ford Brothers, Inc.

Somerset:(606)-679-2212<p>London:(606)-878-7111

Ask The Auctioneer