- Apr 17 @ 1:00pm EDT
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ABSOLUTE
AUCTION
MAPLE ST. AND US HWY 58
CASTLEWOOD, VA 24224
7 HOUSES SOLD TOGETHER ON 3.5 ACRES +/-
FRIDAY, APRIL 17th @ 1:00 PM
Prime real estate located on one of the highest traffic count roads in all of Southwest Virginia; US Highway 58. This property has potential in so many different directions. Having great US 58 frontage along with seven cottage style rental houses. Currently five of the seven homes are leased giving the new owner instant income. Some of the structures are in need of repair so you have a true opportunity for an investment upswing. The chance to have this many rental properties in one location is a rare find. If you're looking for monthly return on your money and an awesome long-term investment, the location here will give you both. This property will be sold as a whole, all seven houses at Absolute Auction.
DIRECTIONS: From Porterfield Highway take US-58 W * Drive approx. 12 miles * See signs *
VIEWING: Viewing of real estate will start at 12:00 PM on day of sale, or call our office for a private showing *
REAL ESTATE TERMS: 10% down on day of sale * Property sold “as is-where is“ with no warranties or representation of any kind * 10% buyer’s premium added to high bid to determine the final contract price * Announcements made day of sale take precedence over all others * This is a live, on-site auction
(AUCTIONEER’S NOTE)
INVESTERS - 7 HOUSES IN ONE LOCATION - HARD TO FIND
Please note under title X the purchaser of a single family residence has a maximum of 10 days to conduct a risk assessment or inspection of a structure built before 1978 for the presence of lead-based paint and/or lead based paint hazards. The date of the appearance of the first advertisement for this property begins this 10 day time period. Seller and Auction Company assume that purchaser has inspected structures situated on the property prior to bidding and that property is suitable for purchasers use. Purchasers should rely strictly upon their own judgement in bidding.
