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Auction Information
Auctioneer Robert Alexander Real Estate and Auction Company 270-554-5212
Auction Date Aug 17 Auction
Location
331 Madison St.
Paducah, KY
Time 05:07PM
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Auction Listing
AuctionZip Auctioneer ID# 1586

ABSOLUTE LIVING ESTATE AUCTION

 

Thursday, August 17th ● 5:07 PM

 

329 & 331 Madison St. Paducah, KY  

Location Location Location

 

 

Fabulous Lower Town

 

Paducah’s Best Kept Secret 

Easy River View/River Stroll Location

  

Excellent 2 Story Duplex Home - Separate Utilities 

Southern Colonial Brick

 Early Turn of the Century Beauty

 

+4,000Sq Ft Under Roof - 2 Levels - 6 or 7 Bedrooms - 3 ½ Baths - Basement

  

Our owner must downsize giving you this once in a lifetime opportunity to claim/purchase at Absolute Auction this fine, turn of the century, southern river beauty. Whether you purchase it to utilize as the fine duplex rental investment that it is, to easily convert it to a fine bed and breakfast, transform it to your private home, or perhaps a combination of any of the above. This one has the strength, the location, the charm and beauty to be everything you dream of and more. It boasts of old southern plantation style 4 columned covered double front porches still popular with the majestic southern mansions built today.

Upon entry, you’ll discover very tall ceilings, wide baseboards and crown molding, painted hardwood floors and 4 Victorian style fireplaces (2 each level) with Italian tile and beautiful iron fronts. They each have early century coal grates and modern gas logs. All bedrooms, the living room or parlor and other rooms are large, one room on each level has a bay window, and both kitchens are large, have large pantries and appliances are furnished plus, each step out to covered decks/porches that overlook the courtyard/garden area. (The tall iron fountain sells separate)

Other amenities include Carson 4 Rivers Center and Market House Theatre, great restaurants, entertainment and the Ohio River all within walking distance;+4,000SQ Ft living area; basement; modern breaker systems; new windows; river views from the back balcony in the winter months, with great views from all porches; unique light fixtures; deep closets; excellent private entrance staircase; finely detailed wood mantles; formal dining rooms; soaking tubs;  most rooms each level are multi-usable- one has been a primitive art/artists studio with stainless steel sink, one a family room. First level has 2 baths, second level has 1 ½ baths. Could easily be a bed & breakfast with this ideal corner home site on the loop and access to the back original “carriage house” parking pad. Each unit has rented for up to $1,200.00 monthly. General store and distillery across the street; recent inspection report and much more. 

 

Real Estate:  15% deposit day of Auction. Balance required within 45 days. A 10% buyer premium will be added to the final bid and included in the total contract price.

 

 

Partial Personal Property

 

Fabulous +6.5Ft tall Iron Fountain complete with pump; Cherry Gateleg Drop Leaf Dining Table w/ 2 Leaves; Jacobean Revival Style Oak Draw Leaf Kitchen Table; 4 Ladder Back Chairs; Gents Ladder Back Arm Chair; Bent Wood Dining Chairs; 2 Antique Arm Rockers; Black 1 Drawer Wash Stand; Antique Gas Torch - Brass; Black Lacquered Chest; 2 Drawer Chest on Legs; 2 Antique Spoke Back Chairs; Whirlpool Stacking/Skinny Mini Washer & Dryer and more.

 

 

 

Terms of Auction: Visa, Mastercard, Cash or Guaranteed Funds. 10% buyer premium added to final bid(s).

 

 

View the full auction listing.







Auctioneer License Information: 173

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