KEOKUK, IOWA
INVESTMENT REAL ESTATE AUCTIONS
(Selling Online Only)
BIDDING ENDS: THURSDAY, FEBRUARY 15, 2024 at 6:00 P.M.
Open House/ Inspection: Tuesday, February 6th from 4P.M. – 5:00P.M.
317 N 11th Street, Keokuk, Iowa
Cute 2 bedroom home with approximately 820 sq. ft. of living area. The home has an updated metal roof and the majority of the windows are vinyl replacement. There is an enclosed porch with laundry hookups. Additionally, there is a covered front porch and partially fenced side yard. The home is vacant and has not been winterized.
1816 Palean, Keokuk, Iowa
1-1/2 story 2-3 bedroom home with detached 2 car garage and partially fenced backyard. 1,105 sq. ft. of living area to include main floor bedroom and bath, plus 2 upstairs bedrooms. Property has an updated metal roof but is in need of TLC. It is currently vacant and has not been winterized.
Auctioneer’s Note: These are great opportunities for rental investments or “Flip Homes”. We strongly encourage all interested parties to attend the open houses. This Auction will be conducted Online Only, whereas each bidder can conveniently bid with an electronic device from anywhere.
Terms: Each property will require a $5,000 earnest money deposit due at the end of the auction with the remainder due on or before March 8, 2024. The Sellers will provide a current abstract of each property at their expense. Real Estate sells “as is, where is”. Sale is not contingent on Buyer’s financing or any other contingencies. Both properties will sell to the highest bidder, regardless of price.
Real Estate Taxes: Taxes will be prorated to the date of closing.
Inclusions: Buyer(s) accept any remaining personal property at closing at either residence.
Closing: Closing will take place on or before March 8, 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.
5% BUYERS PREMIUM: A 5% buyers premium will be added to the high bid to constitute the final sales price.
Registration: Visit www.fraiseauction.com to register and bid today!
LUNT ETAL – SELLERS
Kevin J. Kuckelman SClosing & Representing Attorney for Sellers
Open House/ Inspection: Tuesday, February 6th from 4P.M. – 5:00P.M.
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COREY FRAISE 319-470-0115