Burlington, Iowa
REAL ESTATE AUCTION
(Selling Online Only)
BIDDING ENDS THURSDAY, NOVEMBER 30TH, 2023 at 1:00 P.M.
1415 Iowa Street, Burlington, Iowa
Open House/ Inspection: Wednesday, November 22nd from 4 – 5 P.M.
General Description: Affordable 3-bedroom home with over 900 sq. ft. of living area. Features 2 main floor bedrooms, living room, eat-in kitchen, full bath and enclosed rear porch. Upstairs bedroom and large floored attic area. There is a full basement and single car garage. The home has several vinyl replacement windows, architectural shingled roof and central air. The property has a current rental permit through April 1, 2026 and has been winterized.
Auctioneer’s Note: Great first-time home buyers or investment property. We strongly encourage all interested parties to attend the open house or schedule a private showing. This Auction will be conducted Online Only, whereas each bidder can conveniently bid with an electronic device from anywhere.
Terms: $7,500 earnest money deposit due at the end of the auction with the remainder due on or before December 27, 2023. The seller will provide a current abstract at their expense. Real Estate sells “as is, where is”. Sale is not contingent on Buyer’s financing or any other contingencies. Sale is subject to Seller’s confirmation.
Real Estate Taxes: Taxes will be prorated to the date of closing.
Closing: Closing will take place on or before December 27, 2023. The balance of the purchase price will be payable at closing by guaranteed check or wire transfer.
Possession: At closing upon payment in full.
NO REAL ESTATE BUYERS PREMIUM!
Registration: Visit www.fraiseauction.com to register and bid today!
GRI LLC 1415 IOWA STREET – SELLER
Andrew Mahoney – Attorney for Seller
NA
Corey Fraise 319-470-0115