Investment Home for Sale at Auction in Pearisburg VA

Searching for your next real estate investment? Look no further than this brick home in Pearisburg VA! Home features a total of 3 bedrooms with 2 on the main, and 1 in the basement. There are 2 full baths, one on each level. The basement is finished with a second kitchen, making for the possibilities to be rented out as an apartment or duplex. While this brick house with a newer architectural roof requires a bit of TLC, the seller will not be making any repairs, making it the perfect canvas for your personal touch. The solid structure ensures a lasting investment. The home sits on a +/- .23 acre lot in a well-established neighborhood. Home has town water and sewer. Convenience is key with easy access to highway 460, placing you just 25 minutes from Virginia Tech. Nestled near the picturesque New River, this property boasts a scenic, semi-private yard where you can unwind and take in the natural beauty of Pearis Mountain. Don't miss out on the opportunity to transform this house into your dream home! BIDDER PACK: Download Bidder Pack for complete information on each offering. Bidder Pack has maps, complete terms and conditions, sample contracts, tax cards, and restrictions. BUYER'S PREMIUM - TEN PERCENT (10%): Buyer's Premium shall be added to the final online bid, which will determine the Total Contract Sales Price. Bidders hereby acknowledge and understand that the Buyer's Premium will be added to the winning bid to create the Total Contract Sales Price for which they are obligated to pay for the property. Example: (winning online bid $100,000 + 10% buyer's premium = total purchase price of $110,000). Buyer's Premium is not due until closing. PRE-AUCTION SALES: As an agent for the Seller, the Auctioneer must present any and all bona fide written offers to the Seller, which may be created outside of the online bidding platform. Therefore, all properties are subject to pre-auction sales. Pre-auction offers must meet all off the auction terms and conditions and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required earnest deposit. Properly submitted offers will be presented to the Seller in a timely manner. Seller may accept or reject such offer at their sole and absolute discretion. When a pre-auction offer is submitted, all properly registered online bidders will be notified that "an offer" has been submitted and on which specific property, however the amount of the offer shall remain confidential. All pre-auction offers must allow a minimum of 24 hours for seller's acceptance. A Broker Fee of 2% (of the High Bid Price) is offered to a cooperating VA State Licensed Real Estate Broker on any pre-auction offers that are properly completed and submitted on the appropriate forms provided. Download Bidder Pack for Online Bidder's Agreement, maps, sample contracts, and property information. TERMS & CONDITIONS: 10% Buyer's Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $2,500 is required on day of sale. Close on or before March 15th, 2024.Subject to seller confirmation. Property sold as is, where is with any and all faults. Buyer is expected to complete their own due diligence before placing a bid. Auction starts ending at 4 PM on February 1st, 2024. Please note that during the last two minutes of bidding, if a new bid is placed, the clock is automatically extended an additional two minutes. Be sure to register to bid early to ensure you receive notifications regarding any changes to the Auction, Bidder Packet and/or Pre-Auction offers received. Download Bidder Information Pack for complete terms and conditions, purchase contract and maps.