AUCTION - 124 & 126 Lake St. (sold "together as 1")
Online Auction Closes: Wednesday, April 3, 2019 1:01PM. Properties open for bidding Monday, April 1 at 10AM. 2 adjacent properties being sold "together as one" 124 & 126 Lake Street, Rouses Point, Centrally located in the heart of Village of Rouses Point, across the street from Lake Champlain. Note: the list price reflects assessed value! Bidding starts at $1! S-B-L 20.11-4-21 & 20.11-4-22. Description: 124 Lake Street, Two family residence, 2,108+/- square feet, 2-story, 5 bedroom, 2 bath, built 1900+/-, wood-frame, front porch. Full basement, full-walk-up attic. Lot size 40 x 129.08+/- feet. First floor apartment 3BD/1BA; Second floor apartment 2BD/1BA with great views of Lake Champlain. Taxes (Town/county/Village/school) were $1,699.14; Parking for at least 6-7 cars. S-B-L: 20.11-4-21 126 Lake Street, Single family home, 1,026+/- square feet, 2-story, 3 bedroom, 1.5 bath home, built 1890+/-, wood frame, front porch. Lot size 26 x 140+/- feet. Home is currently vacant, needs some interior work after former tenant move-out. Taxes (Town/county/Village/school) were $1,151.56. S-B-L: 20.11-4-22 Tenants responsible for electric heat, etc. (Rouses Point has very cheap electric rates, about 3.5 cents a Kw). Northeastern Clinton Central School District. Contact Agent for financials. It's Easy to Bid! 1) Get a Username & Password atAARbidsdotcom 2) Register for the Online Only Auction 3) Complete Internet Bidding Packet and you can participate. ANNOTATED TERMS OF AUCTION: We have been contracted to sell this property at Public Auction. Get a Username & Password at AARbidsdotcom, register for the Online-only Auction and bring/mail our 'Internet Bidding Packet' containing the 'Terms and Conditions' and a $5,000 Guaranteed Funds/Bank check payable to: Absolute Auctions & Realty, Inc. Mail to: AAR, POB 1739, Pleasant Valley, NY 12569 - no exceptions, and you can participate. Credit Card Authorization Form in lieu of $5000 bank check/Guaranteed funds available HERE. Complete your due diligence prior to bidding. If successful, an electronic "Contract for Purchase and Sale NY Real Estate" will be sent to you, sign contract, return by 4PM day after auction. 10% Buyer's Premium. Close transaction on or before June 3, 2019. Time is of the essence. Deposit will be refunded to unsuccessful bidders. Title & Liens:Property is sold with insurable title, free and clear of adverse liens or encumbrances at closing. Broker Participation:Call for details. Bidding Notes: The silent auction website has a "dynamic ending" feature; if someone "sniper bids" on a lot at the scheduled end of the auction, the system will extend the bidding clock two minutes to give everyone time to bid again. MOTIVATED TO SELL! Seller needs to scale down investments. Opportunity to purchase commercial and income producing properties in the Village of Rouses Point on the shores of Lake Champlain. Rouses Point is located in the northern portion of the state in Clinton County. Rouses Point is an entranceway to Canada, with driving time to downtown Montreal less than 50 minutes! There is a Community Civic Center (in-door public ice skating, hockey rink), several marinas for boating and sailing on Lake Champlain, and an Amtrak station with passenger trains to New York City and Montreal all located within the Rouses Point community. The train stops twice daily at the Rouses Point Station. State University of New York, restaurants, hospital, and major retail shopping only 35 minutes away in Plattsburgh! 5 minutes to bridge to Vermont, providing quick access to major ski areas!
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