Having relocated out of state, our seller has entrusted us to market and sell their local real estate portfolio holdings at public auction. This all brick home, only 1 block from UMW, would be ideal for a primary residence, rental property or future commercial potential. Available properties within this proximity to the university are rare, so attend and bid!!
- All brick 2-3 BR/2 BA 1,031 +/- sf. home
- Kitchen; living room; partial basement; wood burning fireplace
- Cat 5 wiring; new HVAC heat pump (2012); new sewer line from home to street (2000)
- Heat pump for heating and AC; washer/dryer; ceiling fans; storage shed
- Public water/sewer; in ground oil tank is empty (located below the picture window)
- Current rent is $1,700 per month (current lease expires June 2016, and tenants desire to renew if new owner wishes); this property has never been vacant since owner purchased it in 1998.
- This solid home and its desirable location puts the new owner close to University of Mary Washington, Mary Washington Hospital, places of worship, Downtown Fredericksburg, James Monroe HS, commuter rail station, RTs. 1 & 3 and I-95!!
- Tax Map: 193-90-L11; Zoned: R4; Home built 1939; this property is contiguous with 1620 Augustine Ave which forms the corner of Augustine Ave. and Rowe St., and we will be sold the same day.
- Only $100,000 Starting Bid!!
ATTN REALTORS: If you are a Realtor representing a buyer, please visit www.nichollsauction.com and complete the broker participation form. In order to be compensated, broker forms must be completed and submitted no later than 5 pm on 4/21/16.
Home Tour: Wednesday, April 13 @ 6pm SHARP. Please contact Kelly Strauss for more information or a private preview of the home (540-226-1279).
More photos will be added ASAP!!
$20,000 deposit is due immediately after confirmation of final bid and the balance due at closing within 30 days (unless prior arrangements have been made with auction firm). Deposit shall be in the form of certified funds made payable to yourself. A 10% buyer's premium will be added to the final bid, and will become a part of the purchase price. Property sold in as-is condition, and is not contingent upon buyer's financing, condition of property, appraisal, inspection, etc. Pre-approved (no later than 5 pm on 4/21/16) broker participation is welcome and well compensated. Auctioneer's Note: All information and dimensions were derived from sources believed to be correct, but are not guaranteed. Buyers shall rely on their own information, judgment, and inspection of the property. All auction day announcements take precedence over any previously printed material or any other oral statements made. We are selling 3 properties for our seller on Friday, April 22 at 10am (818 Moncure St) and 11am (1614 and 1620 Augustine Ave.). We will confirm the bid on all 3 properties after the 11am properties.
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