Investment Property With Large Detached Garage - Parrott
Lawrenceville, IL
Newton, IL

Investment Property With Large Detached Garage

Preview Starts and Ends
Begins Closing:

Excellent Candidate for Marathon "Turn Around" Rental! Large 2 Story Home with 2 Story Detached Garage. HUGE CASH FLOW POTENTIAL!

PARROTT AUCTION

ONLINE ONLY REAL ESTATE AUCTION

HIGH CASH FLOW POTENITAL INVESTMENT PROPERTY & GARAGE

Tuesday, December 20th, 2022, 6 PM Central

604 N. Lincoln, Robinson, IL 62454

Signs & Multi-page Booklet Brochures will be posted.

 

Excellent Candidate for “Turn Around” Rental!

Home Currently Features 4 Bedrooms, 4 Full Baths! Additional Space for Added Bedrooms!

Detached Garage with Full Bath Ready for Conversion into More Bedrooms!

Rent the Entire Property to 1 Sub-Contractor Crew!

 

!~ 6 PM 604 N. Lincoln 6 PM ~!

Excellent Candidate for High Cash Flowing Investment Property!

 

Main level features living room with hardwood floors, masonry fireplace and tall ceilings, extra large dine in kitchen, front bedroom, 1 full bath hallway bath with tub/shower combination, updated flooring & vanity, large rear master bedroom featuring on suite bathroom with washer & dryer connections.

 

The upstairs level of the home features extra large living room, 2 full baths, utility room along with 2 dedicated bedrooms!

 

Another MAJOR highlight of the property is the LARGE detached garage featuring 2 front facing overhead doors with 1 rear facing overhead door (on North bay) for easy access to the backyard! This garage features 1 full bath on the main level and possibly could be converted into additional living space! The second story of this garage features a near open concept floor plan where additional bedrooms could be added as full width staircase provides easy access!

 

This property sits on a large lot with scenic views of Sugar Creek!

 

Please Note: while this property has had an architectural shingle roof installed the roof is in need of immediate patch work. There has been no heat on in the property. Window Units are included in the sale of the real estate (unknown operating order) however HVAC system will need to be installed.

 

This home offers GREAT Potential!

Vinyl Siding, TEMPCO Vinyl Windows, Detached Garage with Potential Conversion For Additional Bedrooms / Finished Living & Extreme Sweat Equity Potential

 

Bid Increments: All Bidding will be in Increments of $50 from start of auction to close.

 

Soft Close: This is a soft close auction meaning If the property bid on within the last 5 minutes of the auction, the lot will automatically get extended for an additional 5 minutes. Additional time will continue to be added until no additional bids have been placed

 

R.E. Taxes: Crawford County Parcel Index# 05-4-34-011-018-000. Seller to pay prorated taxes to date of closing, buyer(s) thereafter. Estimated Owner Occupied R.E. Taxes of $579.86.

 

Brief Legal: See photo gallery for Crawford County GIS Map. From Point of Beginning (NE corner of property), South 100' to Center line of Sugar Creek, Southwesterly along creek to E. Side of Lincoln Street, North 123.5, then E 150' to Point of Beginning.

 

Invoice: Winning bidder will have an invoice emailed to the email address on file usually within 30 minutes of the auction closing. This will include bid price plus 6% buyer's premium only. It will not include any title and/or closing costs.

 

R.E. Terms: 10% down day of sale as non refundable escrow. 6% Buyer Premium. Balance due, possession & taxes prorated to date of closing. Being sold "As is, Where is". Buyer to have all inspections completed prior to auction & have financial arrangements made prior to auction. Seller plans to sell the property to high bidder on auction day, however, reasonable reserve is in place. Closing shall occur as soon as necessary documents are prepared. Plan to close in 30 days.

 

Open House / Inspection Dates of

Monday, December 12th, 4 – 5 PM Central

-and-

Monday, December 19th, 4 – 5 PM Central

 

Preview: For private tour of the property at a convenient time for You and Your Investment Group, please call our Lawrenceville Office at 618-943-4905. 

 

Please see www.parrottauctions.com for complete listing and high-resolution interior and exterior photos!

 

 

Please Note: while this property has had an architectural shingle roof installed the roof is in need of immediate patch work. There has been no heat on in the property. Window Units are included in the sale of the real estate (unknown operating order) however HVAC system will need to be installed.

 

This home offers many GREAT Potential!

Vinyl Siding, TEMPCO Vinyl Windows, Detached Garage with Potential Conversion For Additional Bedrooms / Finished Living & Extreme Sweat Equity Potential

 

Bid Increments: All Bidding will be in Increments of $50 from start of auction to close.

 

Soft Close: This is a soft close auction meaning If the property bid on within the last 5 minutes of the auction, the lot will automatically get extended for an additional 5 minutes. Additional time will continue to be added until no additional bids have been placed

 

R.E. Taxes: Crawford County Parcel Index# 05-4-34-011-018-000. Seller to pay prorated taxes to date of closing, buyer(s) thereafter. Estimated Owner Occupied R.E. Taxes of $579.86.

 

Brief Legal: See photo gallery for Crawford County GIS Map. From Point of Beginning (NE corner of property), South 100' to Center line of Sugar Creek, Southwesterly along creek to E. Side of Lincoln Street, North 123.5, then E 150' to Point of Beginning.

 

Invoice: Winning bidder will have an invoice emailed to the email address on file usually within 30 minutes of the auction closing. This will include bid price plus 6% buyer's premium only. It will not include any title and/or closing costs.

 

R.E. Terms: 10% down day of sale as non refundable escrow. 6% Buyer Premium. Balance due, possession & taxes prorated to date of closing. Being sold "As is, Where is". Buyer to have all inspections completed prior to auction & have financial arrangements made prior to auction. Seller plans to sell the property to high bidder on auction day, however, reasonable reserve is in place. Closing shall occur as soon as necessary documents are prepared. Plan to close in 30 days.

 

Open House / Inspection Dates of

Monday, December 12th, 4 – 5 PM Central

-and-

Monday, December 19th, 4 – 5 PM Central

 

Preview: For a private tour of the property at a convenient time for You and Your Investment Group, please call our Lawrenceville office at 618-943-4905.

 

Please see www.parrottauctions.com for a complete listing and high-resolution interior and exterior photos!