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Auction Information
Auctioneer RES Auction Services (833) 765-3737
Auction Date Nov 28 Auction
Location
0 North Drive
Upper Sandusky, OH
Time 01:00PM
Auctioneer's Other ListingsAuctioneer's Web Site
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Auction Listing
AuctionZip Auctioneer ID# 4912
    Attached Files    
Bid Package (PDF)

Huge potential for investors, real estate entrepreneurs land, developers, and 1031 Exchange Seekers. Existing, ongoing rental income from eight (8) unit in four (4) double residences on 2.77 +/- acres and an additional 14.47 +/- acre tract ready for additional development all selling at auction as one. 

Address: 0 North Drive, Upper Sandusky, Ohio 43351 (additional property addresses shown below)

Property: Two (2) parcels, 4 residences and one outbuilding offered as one lot. 

Parcel 1: 2.77 acre tract is zoned least restrictive multi-family residential and currently has 4 sets of double residences.

485/487 North Dr. Ranch style duplex each unit w/2 bdr., 1 ba. &  garage (1920 sq. ft.) 
489/491 North Dr. Townhouse  style dbl.  each unit w/2 bdr., 2.5 ba. & garage (1680 sq. ft.) 
493/495 North Dr. Ranch style duplex each w/2 bdrm., 1.5 ba. & garage (1920 sq. ft.) 
490/492 North Dr. Townhouse style dbl. each unit w/3 bdr., 1.5 ba. & garage ((2240 sq. ft.)

NOTE: Parcel 1 has already developed to add three (3) additional double residences. Currently all united rented, many to long-term tenants  

Parcel 2: Large, open 14.47 +/- acre tract. Prime developable land, already platted with architectural plans. The potential for development is your choice with proper variances for local municipalities. Natural Gas near site. 

General Location: Both Parcels are convenient to Downtown Upper Sandusky, close to other businesses, schools,  Wyandot Memorial Hospital and nearby to the cities of Findlay and Marion. The property has a ravine settings and back side adjoins Upper Sandusky River.

Auction: Tuesday, November 28, 2017 at 1:00 PM EST, www.res.bid

Open Houses: Open Public inspection Tuesday, November 7, 2017 from 3-5 PM or by appointment. 

Terms:  10% Buyer Premium added to final bid to form contract price. $50,000 Non-refundable deposit due day of auction as a non-refundable down payment by personal or business check. Property Sold AS-IS with no contingencies including financing, inspection. Taxes prorated to day of closing. Closing 60 days from contract signing, Buyer pays ½ of escrow fee. Broker Co-op offered and welcome. Free and clear title at closing. Possession at closing. The property offered in co-operation with HER Realtors. Bidding open October 9, 2017 at 9 AM and complete terms on res.bidwrangler.com. 

Property Offered in Partnership with:

 

Chrys Kimmel, Realtor (614) 402-6649

Tom Rawn, Auctioneer/Realtor -(614) 833-2454
Mark Cathers, Realtor (614) 837-1000

Together We Make Auctions Work




Auctioneer License Information: 2001017508

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