Online Real Estate Auction
Bidding begins closing Tuesday, May 12th at 6:00PM
2701 US-60E
Grayson, KY 41143
Income-producing single-family home located in Carter County. This 3-bedroom, 1-bathroom home offers approximately 1,000± sq ft of living space and is situated on a nice flat lot in a convenient location. Built in 1992, the home features central air conditioning and a functional layout suitable for rental investment or future owner occupancy. Additional features include a carport and covered front porch.
The property is currently tenant-occupied under a partially HUD-assisted lease for a total gross monthly rental income of $800, equating to $9,600 in gross annual income. The tenant is responsible for all utilities, providing a strong investment opportunity with immediate cash flow in place.
Property Highlights:
3 Bedroom | 1 Bathroom | Single-Story Home
Approx. 1,000± Sq Ft of Living Space
Built in 1992
Central A/C
Carport
Covered Front Porch
Nice Flat Lot
Convenient Location
Immediate rental income
Gross monthly rent: $800
Gross annual income: $9,600
Tenant pays all utilities
Parcel ID: 113-00-00-083.00
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
