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AUCTION ID #: 427865 Bookmark and Share
Great Investment!! Lockport, NY - Fix and Flip Op. Must see!!!!!
Item 427865  
Final Bid: USD $0
Number of Bids: 0
Your Bid Status: Login to view status
Reserve: No Reserve!
Status: Closed
Auction Started: 10-29-09    04:00 PM ET
Auction Closed: 11-05-09    06:00 PM ET
Asset Details
Seller Information
   
Seller Name: econohomes
Rating: Seller Rating - 5 (43)
Location: 110 Garden St
Lockport, NY    14094
View Seller's other items
 
 
Bid Increment: $150
Shipping Cost: SEE DESCRIPTION BELOW
Minimum Bid: $11,500
Auction Type: Regular Auction
Source: Private Auction
Deposit Required: $0
Overtime Period: 5 min
Buyer's Premium: 10.0%
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Item Specifics
 
Residential Properties  
  Address 110 Garden St
Lockport, NY 14094
United States

Asset Description

 

Econohomes, LLC

 
5 Star Rated Seller – Bid with Confidence!!!!
2 Bed / 2  Bath & 2 Bed & 1 Bath
110 GARDEN ST  
LOCKPORT,  NY  14094
Contact Niagra to verify information
Parcel Number 29099-109-010-0002-032-000 
 
Storefront
 
 
Visit the Econohomes Storefront to view all of our incredible investment opportunities. Absolute Auctions and Low Minimum Bids with NO RESERVE on properties across the country. New Auctions added daily!
 
Here is what our Assessor had to say:
 
Exterior:
Home is a two story duplex, at one time this was a single family home, it has since been converted. The home has fair curb appeal; with vinyl siding that is in fair shape. Roof is asphalt shingle and in poor condition, there are numerous leaks through out the entire home. The water damage caused form the roof leaks has also caused a mold problem in this home. The homes foundation is stone and has no gaps or shifting present. There is a covered wood porch on the front of the home, in fair condition. Home has a wood deck in the rear, some repairs will be needed.
Interior:
As mentioned home has suffered major damages due to leaks in the roof. The home is covered in graffiti in most of the rooms.
Bottom floor: The bottom floor has a living room with commercial tile, room is in poor condition, there is a hole in the ceiling and water damage is present in this room, graffiti and a few holes in the walls as well. The kitchen has tiled floors and includes a double sink and cabinets. The bathroom is in fair condition and includes only a tub. Bedrooms are of similar size and have linoleum floors; water damage is present in the bedrooms.
Upstairs Apt. The dining/living room is in poor condition and the roof is falling in. The dining room has similar roof damage and is covered in graffiti. The kitchen includes a sink and no other appliances, room is in poor shape. The bedrooms are in poor condition, the first bedroom has a collapsed ceiling and water damage and mold are in this room. The second bedroom has linoleum floors and an arched ceiling. The bathroom includes the shower, sink and toilet, all in fair shape. There were no mechanics found in this home. No Hot Water Heater, no Furnace.

Mechanics:
None
 
Property Specifics
 
Property Address
110 GARDEN ST  
LOCKPORT,  NY  14094 - 3018
 
Square Footage
 1,654
 
No. of Bedrooms
2
 
No. of Bathrooms
2
 
Acreage
 
 
Legal Description
CORNER CHAPEL ST
 
Tax ID No.
290900-109-010-0002-032-000
 
Year Built
 

 

 





































Disclaimer
All information derived from third party sources, including but not limited to property assessments, appraisals, and title reports is deemed reliable but not guaranteed.
All buyers are deemed to have relied entirely on their own information, judgments and inspections of the property in making the decision to purchase the property.
Settlement: A 10% non-refundable deposit is due within 48 hours, full payment is due within 10 days. A $295 deed processing fee and recording fee will be charged to the buyer. Deeds will be prepared and transferred by the seller to the Register of Deeds for recording within four to six weeks of receipt of good funds from buyer. Payment may be made by wire transfer, Moneygram, certified funds, or Paypal. Buyer will be charged for transaction fees associated with Paypal.
Buyer is responsible for all liens and encumbrances.
The Seller offers the Property for sale in "AS IS" CONDITION AT THE TIME OF SALE OR CLOSING, INCLUDING ANY HIDDEN DEFECTS OF ANY NATURE, KNOWN OR UNKNOWN, with no representations, warranties or guarantees whatsoever, express or implied, regarding their nature, value, source, authenticity, fitness, merchantability, and/or any other aspect or characteristic of the Property. No statement anywhere, whether express or implied, shall be deemed a warranty or representation by the Seller regarding the Property. All sales are with the understanding that the buyer cannot rely on any other representation, warranty or guaranty made by anyone.
General Refund Policy
Buyer acknowledges and verifies that he/she has carried out the necessary due diligence to purchase, as properties are sold "as is". As such, all sales are final, and refunds will not be granted.
Additional Details
For more information about this asset including photos, specs and more (when available), click here.


Bid4Assets Real Estate Buyer Responsibilities

Bid4Assets reminds all potential bidders on real estate that it is your responsibility to complete all due diligence needed to determine the condition, market value, or investment value of this asset prior to placing a bid. Necessary due diligence items may include, but are not limited to, a) a satisfactory inspection of the property, and b) the satisfactory completion of a title search.

By placing a bid, you acknowledge that any statements made by the seller pertaining to the condition or market value of the property are subjective, and do not release you from your responsibility to perform a due diligence review.

Settlement Requirements
  • This auction requires that the winning bidder pay a Buyer's Premium of 10.00% of the winning bid amount. (The Buyer's Premium covers the costs associated with the auction). This amount will be added to the winning bid and will be included in the total purchase price paid by the Buyer to the Seller.
  • Certified/Cashier's Check
  • Wire Transfer
  • Money Order
  •