Online Real Estate Auction
Bidding begins closing Monday, May 18th at 6:00PM
731 Sallie Drive
736 Gail Drive
Ashland, KY
Excellent opportunity to purchase two properties on one parcel in Ashland, KY. This offering includes a single-family home and a single-wide trailer, providing immediate income potential with additional upside.
The property at 731 Sallie Drive is currently tenant-occupied with a monthly rental income of $1,200, equating to $14,400 in gross annual income. The property at 736 Gail Drive is currently vacant, offering an opportunity for additional rental income or owner occupancy.
Property Breakdown:
736 Gail Drive (Single-Family Home – Vacant)
3 Bedroom | 1 Bathroom
Approx. 1,385± Sq Ft
Built in 1960
Nice driveway with carport
Nice flat yard
731 Sallie Drive (Mobile Home – Income Producing)
Single-wide mobile home
2 Bedroom | 1 Bathroom
Front porch & back porch
Portable carport
Currently rented at $1,200/month
Investment Highlights:
Two properties on one parcel
Immediate rental income
Additional income potential from vacant home
Nice flat lot
Convenient Ashland location
Gross monthly rent: $1,200
Gross annual income: $14,400
Parcel ID: 024-07-00-045.00
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
