Cash-Flowing 3-Bedroom Rental in Ashland

Cash-Flowing 3-Bedroom Rental in Ashland

Online Real Estate Auction   Bidding begins closing Thursday, March 12th at 6:00PM   1637 Booth Quillen Rd. Ashland, KY 41101   Income generating single-family home located in the Rolling Acres area of Ashland. This 3-bedroom, 1 bathroom ranch features 960± sq ft of living space and includes a 1-car attached garage. Built in 1981, the property is situated on a 0.26± acre lot and offers a simple, functional layout that is well suited for rental investment or future owner occupancy.   The home is currently tenant-occupied with a total monthly rent of $1,250 (partially HUD subsidized). The tenant is responsible for all utilities, making this strong cash-flowing investment opportunity.

Online Only Bidding

Call: Colt McCown

Online Real Estate Auction

 

Bidding begins closing Thursday, March 12th at 6:00PM

 

1637 Booth Quillen Rd.

Ashland, KY 41101

 

Income generating single-family home located in the Rolling Acres area of Ashland. This 3-bedroom, 1 bathroom ranch features 960± sq ft of living space and includes a 1-car attached garage. Built in 1981, the property is situated on a 0.26± acre lot and offers a simple, functional layout that is well suited for rental investment or future owner occupancy.

 

The home is currently tenant-occupied with a total monthly rent of $1,250 (partially HUD subsidized). The tenant is responsible for all utilities, making this strong cash-flowing investment opportunity.

 

Property Highlights:

3 Bedroom | 1 Bathroom | Single-Story Home

960± Sq Ft of Living Space

Built in 1981

0.26± Acre Lot (as assessed)

1-Car Attached Garage

Functional ranch-style layout

Located in the Rolling Acres area of Ashland

City utilities (per public record)

Convenient access to local amenities and major roadways

Immediate rental income in place

Tenant pays all utilities

Gross monthly rent: $1,250

Parcel ID: 024-04-00-260.01

Legal Description: Lot 15AA, Rolling Acres Subdivision

 

Sold in cooperation with Woodrow Wilson, Broker 179027

 

10% buyer’s premium.  60 days to close.  Please read full terms and conditions before bidding.

 

REAL ESTATE TERMS: 10% nonrefundable down payment made day of auction (or within 24 hours for online bidders), payable to Woodrow Wilson, Broker, with balance due at closing. Cash, check, & wire transfer accepted.  Credit cards will not be accepted for the down payment.  No financing contingencies will be entered into the contract. Any required inspections must be completed prior to bidding. Property is being sold as is, where is with no warranty written or implied. 

Property will be sold free and clear of all liens. Seller is conveying surface rights only with no oil, gas, coal, mineral, or other subsurface interests conveyed unless otherwise noted.  60 days given to close. Announcements sale day take precedence over all advertisements published. 10% Buyers Premium will be added to determine final contract price.  Name of purchaser on contract must be the name of the winning bidder or an entity which the winning bidder legally represents.  No exceptions.  Real estate sold subject to owner confirmation.

 

AGENCY DISCLOSURE: Joe R. Pyle Auction and Realty Service is acting as Auctioneer only.

 

DISCLAIMER: All information regarding the description of this property is derived from sources deemed reliable but not warranted. Information is believed to be correct to the best of auctioneer/agent’s knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions.

Any references to acreage, unless otherwise noted, are derived from public record and are not warranted.  Buyers are responsible for conducting their own research prior to bidding.

 

BUYER/BROKER INFORMATION: Commission will be paid to any properly licensed buyer's broker who registers a successful buyer according to the Broker Participation Guidelines. Broker registration forms are available on our website or from the company office. Broker must be registered 24 hours prior to Auction.  Brokers/Agents are not entitled to a commission if they are the purchaser.

 

JOE R. PYLE COMPLETE AUCTION & REALTY SERVICE

(888) 875-1599

5546 Benedum Drive Shinnston West Virginia 26431

www.joerpyleauctions.com

Joe R. Pyle RP3864