Auction - Investment Properties

602.5 S. Railroad St., Franklin KY

06 October, 2022

Description

Auction Thursday, October 6th @ 5 PM Auction Venue: “The Old Favorite” on the Square in Franklin, KY Income Producing Properties – Downtown Franklin 602 ½ S. Railroad St. & 604 S. Railroad St. Franklin, KY • 2 Homes – Selling Together 602 ½ S. Railroad St. • 2 Beds / 1 Bath • New Roof in 2016 • New HVAC in 2021 • Currently Rented ($500) 604 S. Railroad St. • 2 Beds / 1 Bath • Central HVAC • Remodeled in 2015 • Currently Rented ($450) 904 N. High St. Franklin, KY • 2 Beds / 1 Bath • New Plumbing in 2015 • New Roof in 2015 • Central HVAC • Currently Rented ($475) TERMS AND CONDITIONS: Possession: With Deed & Tenants Rights. Real Estate: 10% day of auction, with balance due on or before 30 days. 2022 Taxes to be paid by Seller. There will be a 7% Buyer’s Premium added to the final bid on the real estate to determine the overall contract sales price. Real Estate selling subject to all easements and restrictions, recorded or unrecorded. Bidders shall satisfy themselves as to the condition, quality and description of property before bidding. All information and descriptions are believed to be correct, however, no warranties or guarantees are expressed or implied. All property is sold “as is, where is”. Lead-Based Paint Disclosure: The residence to be sold was built prior to 1978. Any potential bidder will be permitted during the 10 days prior to the auction to conduct lead-based paint tests. Seller: Youngblood