Auction Details
SOLD! PERFECT DOWNTOWN LOCATION BETWEEN MAIN ST. AND COURTHOUSE EXPANSION
Contact Information
Auction Type
Live Auction
Auction Schedule
Auction Dates
Start Date: Sep 10, 2022
Auction Preview Dates
Auction Location
Auction Description
SOLD 10/24/22 for $268,400
PERFECT LOCATION
REAL ESTATE FOR SALE AT AUCTION
IN DOWNTOWN STROUDSBURG, MONROE COUNTY, PA
13 NORTH 6TH STREET
AUCTION SATURDAY, SEPTEMBER 10th, 12 NOON
PREVIEW and REGISTRATION 11 AM
EXTENDED! OPEN HOUSE SATURDAY, AUGUST 27th, 11 AM - 1 PM
Prime downtown location on North 6th Street just steps from the busiest blocks of Main Street and the new $50 million Courthouse Expansion. Situated across from Quaker Alley, this 1/10 acre parcel is configured with 4 units: 2 residential apartments with original hardwood floors, and 2 commercial units with 53.5' frontage on busy North 6th Street. One commercial unit is leased by a long-term tenant through July 2023. This great potential investment can be yours at the price you set. The property needs rehab. First time on the market, now ready for a new owner.
*** PHOTO GALLERY ***
*** VIRTUAL TOUR ***
PROPERTY FEATURES
- UPDATE 8/29 - the sidewalk in front of the building will be raised to the level of the initial step-up and replaced in the coming weeks; we do not believe construction will start prior to auction day
- Configured with 4 units: 2 residential apartments on upper level, and 2 commercial units on ground floor
- Residences feature original hardwood floors
- Just steps from the busiest blocks of Main Street and the new $50 million Courthouse Expansion
- Situated across from Quaker Alley and Pocket Park green space
- Comm Unit #1 is leased by a long-term tenant through July 2023
- Comm Unit #2 is ready for a new business
- Zoned C-2 (General Commercial)
- 1/10th acre lot
- On-site parking for 3-4 cars
- Parcel 18-2.2.6.6
- Built 1902
- 53.5' frontage (est.) on busy North 6th Street
- 3769± sq ft (est.)
- Taxes $5,855.72 (est.)
- Public water and sewer
- Heavy foot traffic
- Property needs rehab
This great potential investment can be yours at the price you set:
NOMINAL MINIMUM BID JUST $97,500
A RARE OPPORTUNITY TO OWN PROPERTY IN A PERFECT LOCATION IN DOWNTOWN STROUDSBURG
SEEK. WIN. CHERISH.
Rich Coccodrilli, Jr.
PA Licensed Auctioneer
Legacy Auction & Realty
BidLegacy.com
AY002051
Auction Documents
Floor Plan
Terms & Conditions
With a minimum bid of just $97,500, this real estate will sell to the highest bidder.
- Our live auction at the premises begins at noon on Saturday, September 10, 2022. Registration begins at 11 AM.
- We strongly encourage bidders to arrange necessary financing ahead of auction day. Knowing the amount of a mortgage you are approved for determines how much you can pay for any property, no matter how you buy it.
- Real estate is offered and sells in as-is condition, where-is, with no representation or warranty, and with all faults and benefits.
- All sales are final.
- Prospective bidders are welcomed and encouraged to hire a professional inspector to conduct any non-invasive inspections to your satisfaction PRIOR to auction day.
- Auction Day Registration: Bidders must present photo identification and a $9,750 bank cashier's check to register. Make check(s) payable to LEGACY AUCTION & REALTY. Balance of auction-day deposit, if any, is due by the winning bidder in the form of a personal or business check.
- Non-refundable buyer premium of ten percent (10%) of the winning bid will be added to the winning bid to equal the final sale price. This amount is due at the announcement of "SOLD!"
- The Winner! The successful purchaser will be required to deposit a bank cashier’s check for $9,750 and if necessary, increase the total deposit via personal or business check to 10% of the winning bid (hammer price). For example, a winning bid of $155,000 then requires an additional auction-day payment of $5,750 ($9,750 + $5,750 = $15,500, equaling 10% of the winning bid).
- Closing within 45 days, or by/before Tuesday, October 25, 2022.
- Close with cash or financing. You do NOT need to be an all-cash buyer to win with Legacy!
- At settlement, buyer assumes all remaining contents.
- For bidder FAQs, please see our web page Real Estate > For Buyers
- Seller guarantees clear title.
- This is not a foreclosure.
- All information provided is deemed reliable, yet is not guaranteed and should be independently verified by interested bidders.
- Broker Participation: Legacy Auction & Realty offers a Broker/Salesperson commission paid at closing to any licensed real estate brokerage who properly submits a Client Registration form and whose client is the successful purchaser of the subject property. Real Estate Salesperson or Broker must register their prospect by 48 hours prior to the Auction and attend the open house and auction events with the client. Brokers acting as principals are excluded from broker participation. Please contact us for details.
- All announcements made day of sale take precedence over any previously stated or printed material or information.
PA Auction Company AY002051 | Personal Property Appraiser | REALTOR | Federal Firearms Dealer
PA Auction Company AY002051 | Personal Property Appraiser | REALTOR | Federal Firearms Dealer
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