2 Bedroom Investment Property
2 Bedroom Investment Property
Fort Madison, Iowa
ONLINE ONLY REAL ESTATE AUCTION
207 Avenue G, Fort Madison, Iowa
BIDDING ENDS: THURSDAY, JUNE 2ND AT 1:00 P.M.
OPEN HOUSE: WEDNESDAY, MAY 18TH FROM 5:00 -6:00 P.M.
General Information: 2 bedroom, 1 bath home with rear fenced yard and 1 car detached garage. Newer architectural shingled roof over the main portion of the home and older flat roof over the front and rear porches. Gas water heater was replaced in 2021 and the majority of the windows are vinyl tilt in replacement. Home needs TLC but would make a great investment property.
Auctioneer’s Note: Take advantage and Bid your price on this diamond in the rough selling at Auction. We strongly encourage all interested parties to attend the open house! Auction will be conducted online only, whereas each bidder can conveniently bid with an electronic device from anywhere!
Terms: $5,000 earnest money deposit at the end of the auction with the remainder due on or before July 1, 2022. The Seller will provide a current abstract at their expense. Home sells “as is, where is”. Sale is not contingent on Buyer’s financing or any other contingencies. Buyer accepts any remaining personal property at closing. Real estate sells subject to Seller’s confirmation.
Personal Property: Buyer accepts all remaining personal property at closing.
Real Estate Taxes: Taxes will be prorated to the date of closing.
Closing: Closing will take place on or about July 1, 2022. The balance of the purchase price will be payable at closing in the form of guaranteed check or wire transfer.
Possession: At closing upon payment in full.
CHERI BERGTHOLD ESTATE – SELLER
Francis Bergthold – Executor
Gregory Johnson of Johnson Law Firm – Attorney for Seller
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Carrie Fraise 319-371-5638 or Corey Fraise 319-470-0115