Lot # : 2 - 165 Division Street

Online Only Auction
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High Bid: 460,000.00 USD
9 Bids
Time Remaining: 54m 35s
Soft Close
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Madison, WI 53704
Date(s)
4/15/2024 - 4/29/2024
AUCTIONEER INFORMATION
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Online bidding only

Information
Lot # 2
Group - Category Real Estate - Residential
Lead 165 Division Street
Description
165 Division Street is a 3 unit with units 1 & 2 being 2 bedroom/1 bath each & unit 3 being 1 bedroom/1 bath. All are approximately 700 square feet, Appliances are owned by landlord and included in the sale. All units have garbage disposals and window air conditioners. Units 1 & 2 have garage space. Tenants pay utilities, landlord pays water & sewer. Hardwood floors, vinyl siding, asphalt roof, 100 amp service in each unit. This building has a coin operated laundry for tenants' use which generates approximately an additional $60/mo. Parcel # 0710-063-0411-6 Fair Oaks Lot 12, block 3. 2023 taxes $9398.88
Name Division Street Madison, WI
Auctioneer
Schroud Auction Service
Type Online-Only Auction
Date(s) 4/15/2024 - 4/29/2024
Auction Date/Time Info
April 15 10am-April 29 6pm
Preview Date/Time April 18, 2-5pm April 20, 2-5pm
Checkout Date/Time April 30 2pm-6pm
Location
165 & 169 Division St
Madison, WI 53704
Buyer Premium 10% BUYER'S PREMIUM ON ALL ITEMS
Description
Excellent opportunity to own income property on Madison's mid-east side. Both units are fully rented and are maintained. Get started in the rental income business or add to your existing portfolio.
Property being offered as is, where is, with no contingencies. High bidder to sign standard State of Wisconsin offer to purchase within 24 hours of the close of the auction. 10% buyer's fee added to the final bid price to determine the final selling price. $10,000.00 earnest money down, in the form of cashier's check or certified funds made payable to the auction company's trust account, and non-refundable if buyer fails to perform. Closing within 30 days of the close of the auction. Sellers to provide title insurance & pay taxes prorated through the day of closing. Seller reserves the right to accept or decline any & all bids.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 500,000.00 10,000.00 USD
500,000.01 - 9,999,999.99 5,000.00 USD
Currency USD
Buyer Premium 10% BUYER'S PREMIUM ON ALL ITEMS
Payment Terms
Property being offereed as is, where is, with no contingencies. High bidder to sign standard State of Wisconsin offer to purchase within 24 hours of the close of the auction. 10% buyer's fee added to the final bid price to determine the final selling price. $10,000.00 earnest money down in the form of cashier's check or certified funds made payable to the auction company's trust account, and non-refundable if buyer fails to perform. Closing within 30 days of the close of the auction. Sellers to provide title insurance & pay taxes prorated through the day of closing.
Property being offereed as is, where is, with no contingencies. High bidder to sign standard State of Wisconsin offer to purchase within 24 hours of the close of the auction. 10% buyer's fee added to the final bid price to determine the final selling price. $10,000.00 earnest money down in the form of cashier's check or certified funds made payable to the auction company's trust account, and non-refundable if buyer fails to perform. Closing within 30 days of the close of the auction. Sellers to provide title insurance & pay taxes prorated through the day of closing.
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