Online Real Estate Auction
Bidding begins closing Wednesday, September 2nd at 6:00PM
5736 Swanson Dr.
Ashland, KY 41102
Income Generating Property
Well-maintained 3-bedroom, 1.5-bath brick ranch home located on a desirable corner lot in a pleasant Ashland neighborhood. Whether you're looking for a solid investment property or a future family home, this property offers plenty of space and potential.
The main level features 1,316± square feet with a large living room, spacious kitchen, and a charming sunroom that's perfect for family gatherings or relaxing year-round. The home also includes a partially finished basement with an additional family room, while the unfinished portion provides a laundry area and ample storage space. A one-car garage is accessible from the basement, with an additional one-car garage attached to the main level.
The property sits on a 0.30± acre corner lot and is served by public water & sewage. Additional features include central air conditioning and forced-air heating.
Currently the home is rented on a month-to-month lease for $950 per month (HUD subsidized), producing $11,400 in annual rental income.
Property Details:
- 3 Bedrooms | 1.5 Bathrooms
- 1,316± Sq. Ft. (Main Level)
- Brick Ranch Style Home
- Corner Lot (0.30± Acres as assessed)
- Large Kitchen
- Spacious Living Room
- Charming Sunroom
- Partially Finished Basement with Additional Family Room
- Laundry & Storage Area in Basement
- Two 1-Car Garages
- Central A/C & Forced-Air Heating
- Public Water & Sewage
- Month-to-Month Tenant
- HUD Subsidized Rental Income of $950/Month
- Annual Rental Income: $11,400
- Parcel ID: 024-03-00-039.00
Sold in cooperation with Woodrow Wilson, Broker 179027
10% buyer’s premium. 60 days to close. Closing will be held at the offices of Whitley Hill Bailey. 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. REAL ESTATE PURCHASE AGREEMENT WILL BE SENT TO THE EMAIL ON FILE FOR ELECTRONIC SIGNATURE FOLLOWING THE CLOSE OF THE AUCTION AND MUST BE SIGNED IMMEDIATELY. 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. Closing will be held at the offices of Whitley Hill Bailey. 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
Joe R. Pyle RP3864
