12-Unit Apartment Building with Commercial Space
Listing ID#: 336650

Sale Location

Fairmont, WV 26554
Sale Dates and TimesSALE IS COMPLETED
Thursday Sep 24, 2020 Completed
Sale Type
   Live with Online Auction  VIEW ONLINE CATALOG
Company Information
Joe R. Pyle Complete Auction & Realty Service

Contact: Alan Heldreth
Phone: 3045926000
Email: info@joerpyleauctions.com
Website: www.joerpyleauctions.com

EstateSale.com ID#: 5968
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Listing Terms and Conditions
TERMS OF SALE: Ten percent (10%) "Buyer's Premium" will be applied to the final bid price to determine the "Total Contract Price." A "Good Faith Deposit" equal to twenty percent (20%) of the Total Contract Price shall be paid by cash, cashier’s check, check guaranteed by bank letter of credit in acceptable form, or wire transfer, in hand by 2:00 PM on the day immediately following the close of the Auction. Balance of the Total Contract Price to be paid in cash at closing within 30 days after the date of sale. Closing to be held at the offices of Phyxius Law, PLLC, who shall act as closing agent for the transaction, or at such other location as said Closing Agent shall designate. The sale of the Subject Property will be made subject to all exceptions, reservations, rights of way, easements, conditions, covenants, restrictions, leases and other servitudes of record, if any, pertaining to said real estate, and any and all unpaid taxes assessed against the Subject Property. The Subject Property shall be sold “AS IS” and “WITH ALL FAULTS.” The Seller shall not be liable for any representations or warranties respecting the physical condition, size or characteristics of the Subject Property. Conveyance shall be by special warranty deed, and Purchaser shall pay for all transfer stamps and recording fees, together with $125.00 to be applied to payment of other closing costs (to include deed preparation). The risk of loss or damage to the Subject Property shall be borne by the purchaser from and after the bid strikedown at the time of sale. The Seller will not deliver possession of the Subject Property to the Purchaser, who shall be solely responsible for obtaining possession of the Subject Property. Further, the Seller shall be under no duty to cause any existing tenant or person occupying the Subject Property to vacate said property. At the conclusion of each Auction session, the successful bidder for each property in that session will be sent an electronic document titled "Real Property Purchase Agreement" and other documents they are required to sign and acknowledge. Additionally, the Second Highest Bidder for each property will be sent documents electronically to formalize their offer as the "Back Up Bidder/Offer". This process is done automatically through a service called DocuSign. The successful highest bidder of each Auction will be required to tender their Good Faith Deposit amount by either wire transfer or cash, cashier's check, or personal check with acceptable form of bank letter by 2:00 PM on the next day after the end of each Auction Session. Any Bidder who fails to sign all the required documents and tender their "Good Faith Deposit" by 2:00 PM on the day immediately following the end of each Auction session will be considered in breach of the terms of this Auction and Joe R Pyle Complete Auction and Realty, LLC will seek any remedies available. JOE R. PYLE COMPLETE AUCTION & REALTY SERVICE Joe R. Pyle, Broker (888) 875-1599 5546 Benedum Drive Shinnston West Virginia 26431 www.joerpyleauctions.com Joe R Pyle WV212 Charlotte Pyle WV2174 Alan Heldreth WV2224 Jordan Kiger WV2246 Bob Stewart, Jr WV825 Bob Stewart, III WV1292 Tia Wolski WV 2351A Joe Panico WV 2353A
Listing Information

 

REAL ESTATE AUCTION

 

 

 

Thursday, September 24th at Noon

 

Registration Begins at 11:00AM

 

 

 

117 Fairmont Ave

 

Fairmont, WV

 

 

 

12 UNIT APARTMENT BUILDING WITH COMMERCIAL SPACE

 

3 Story Building plus Lower Level

 

Additional Attached 2-Story Building in Rear

 

0.35+/- Acres

 

16,704+/- Sq. Ft. - 12,912+/- Sq. Ft. of Rentable Area

 

Zoned CC

 

Parking Lot for 20+ Cars

 

 

 

12 Apartments

 

1 – 3 Bedroom Apartment - $675/month

 

5 – 2 Bedroom Apartments - $625/month

 

6 – 1 Bedroom Apartments - $575-$675/month

 

 

 

2 Commercial Spaces – Last rented for $3000/month

 

 

 

RENTAL POTENTIAL - $10,150/MONTH!

 

 

 

District 3, Map 2, Parcels 68 & 129

 

Legal Description: BLK 2 LOTS 1-2 FAIRMONT AVE & 2ND ST & COAL

 

BLK 2 PT LS 11-12-13-14 SECOND STREET

 

All information derived from public records

 

 

 

 

JOE R. PYLE COMPLETE AUCTION & REALTY SERVICE

 

Joe R. Pyle, Broker

 

(888) 875-1599

 

5546 Benedum Drive Shinnston West Virginia 26431

 

www.joerpyleauctions.com

 

 

 

Joe R Pyle WV212

 

Charlotte Pyle WV2174

 

Alan Heldreth WV2224

 

Jordan Kiger WV2246

 

Bob Stewart, Jr WV825

 

Bob Stewart, III WV1292

 

Tia Wolski WV 2351A

 

Joe Panico WV 2353A

 

 

 

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12-Unit Apartment Building with Commercial Space

Joe R. Pyle Complete Auction & Realty Service

Joe R. Pyle Complete Auction & Realty Service


Contact: Alan Heldreth
Phone: 3045926000
Sale Location
117 Fairmont Ave
Fairmont, WV 26554
Sale Dates and Times
Thursday Sep 24, 2020 Completed
Sale Terms and Conditions
TERMS OF SALE: Ten percent (10%) "Buyer's Premium" will be applied to the final bid price to determine the "Total Contract Price." A "Good Faith Deposit" equal to twenty percent (20%) of the Total Contract Price shall be paid by cash, cashier’s check, check guaranteed by bank letter of credit in acceptable form, or wire transfer, in hand by 2:00 PM on the day immediately following the close of the Auction. Balance of the Total Contract Price to be paid in cash at closing within 30 days after the date of sale. Closing to be held at the offices of Phyxius Law, PLLC, who shall act as closing agent for the transaction, or at such other location as said Closing Agent shall designate. The sale of the Subject Property will be made subject to all exceptions, reservations, rights of way, easements, conditions, covenants, restrictions, leases and other servitudes of record, if any, pertaining to said real estate, and any and all unpaid taxes assessed against the Subject Property. The Subject Property shall be sold “AS IS” and “WITH ALL FAULTS.” The Seller shall not be liable for any representations or warranties respecting the physical condition, size or characteristics of the Subject Property. Conveyance shall be by special warranty deed, and Purchaser shall pay for all transfer stamps and recording fees, together with $125.00 to be applied to payment of other closing costs (to include deed preparation). The risk of loss or damage to the Subject Property shall be borne by the purchaser from and after the bid strikedown at the time of sale. The Seller will not deliver possession of the Subject Property to the Purchaser, who shall be solely responsible for obtaining possession of the Subject Property. Further, the Seller shall be under no duty to cause any existing tenant or person occupying the Subject Property to vacate said property. At the conclusion of each Auction session, the successful bidder for each property in that session will be sent an electronic document titled "Real Property Purchase Agreement" and other documents they are required to sign and acknowledge. Additionally, the Second Highest Bidder for each property will be sent documents electronically to formalize their offer as the "Back Up Bidder/Offer". This process is done automatically through a service called DocuSign. The successful highest bidder of each Auction will be required to tender their Good Faith Deposit amount by either wire transfer or cash, cashier's check, or personal check with acceptable form of bank letter by 2:00 PM on the next day after the end of each Auction Session. Any Bidder who fails to sign all the required documents and tender their "Good Faith Deposit" by 2:00 PM on the day immediately following the end of each Auction session will be considered in breach of the terms of this Auction and Joe R Pyle Complete Auction and Realty, LLC will seek any remedies available. JOE R. PYLE COMPLETE AUCTION & REALTY SERVICE Joe R. Pyle, Broker (888) 875-1599 5546 Benedum Drive Shinnston West Virginia 26431 www.joerpyleauctions.com Joe R Pyle WV212 Charlotte Pyle WV2174 Alan Heldreth WV2224 Jordan Kiger WV2246 Bob Stewart, Jr WV825 Bob Stewart, III WV1292 Tia Wolski WV 2351A Joe Panico WV 2353A
Listing Details

 

REAL ESTATE AUCTION

 

 

 

Thursday, September 24th at Noon

 

Registration Begins at 11:00AM

 

 

 

117 Fairmont Ave

 

Fairmont, WV

 

 

 

12 UNIT APARTMENT BUILDING WITH COMMERCIAL SPACE

 

3 Story Building plus Lower Level

 

Additional Attached 2-Story Building in Rear

 

0.35+/- Acres

 

16,704+/- Sq. Ft. - 12,912+/- Sq. Ft. of Rentable Area

 

Zoned CC

 

Parking Lot for 20+ Cars

 

 

 

12 Apartments

 

1 – 3 Bedroom Apartment - $675/month

 

5 – 2 Bedroom Apartments - $625/month

 

6 – 1 Bedroom Apartments - $575-$675/month

 

 

 

2 Commercial Spaces – Last rented for $3000/month

 

 

 

RENTAL POTENTIAL - $10,150/MONTH!

 

 

 

District 3, Map 2, Parcels 68 & 129

 

Legal Description: BLK 2 LOTS 1-2 FAIRMONT AVE & 2ND ST & COAL

 

BLK 2 PT LS 11-12-13-14 SECOND STREET

 

All information derived from public records

 

 

 

 

JOE R. PYLE COMPLETE AUCTION & REALTY SERVICE

 

Joe R. Pyle, Broker

 

(888) 875-1599

 

5546 Benedum Drive Shinnston West Virginia 26431

 

www.joerpyleauctions.com

 

 

 

Joe R Pyle WV212

 

Charlotte Pyle WV2174

 

Alan Heldreth WV2224

 

Jordan Kiger WV2246

 

Bob Stewart, Jr WV825

 

Bob Stewart, III WV1292

 

Tia Wolski WV 2351A

 

Joe Panico WV 2353A

 

 

 

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12-Unit Apartment Building with Commercial Space
 Live Auction w/Online Bidding
Sale Date(s)
Thursday Sep 24, 2020 Completed
Sale Location

Fairmont, WV 26554
Company
Joe R. Pyle Complete Auction & Realty Service

Contact: Alan Heldreth
Phone: 3045926000
Email: info@joerpyleauctions.com
Website: www.joerpyleauctions.com

 

REAL ESTATE AUCTION

 

 

 

Thursday, September 24th at Noon

 

Registration Begins at 11:00AM

 

 

 

117 Fairmont Ave

 

Fairmont, WV

 

 

 

12 UNIT APARTMENT BUILDING WITH COMMERCIAL SPACE

 

3 Story Building plus Lower Level

 

Additional Attached 2-Story Building in Rear

 

0.35+/- Acres

 

16,704+/- Sq. Ft. - 12,912+/- Sq. Ft. of Rentable Area

 

Zoned CC

 

Parking Lot for 20+ Cars

 

 

 

12 Apartments

 

1 – 3 Bedroom Apartment - $675/month

 

5 – 2 Bedroom Apartments - $625/month

 

6 – 1 Bedroom Apartments - $575-$675/month

 

 

 

2 Commercial Spaces – Last rented for $3000/month

 

 

 

RENTAL POTENTIAL - $10,150/MONTH!

 

 

 

District 3, Map 2, Parcels 68 & 129

 

Legal Description: BLK 2 LOTS 1-2 FAIRMONT AVE & 2ND ST & COAL

 

BLK 2 PT LS 11-12-13-14 SECOND STREET

 

All information derived from public records

 

 

 

 

JOE R. PYLE COMPLETE AUCTION & REALTY SERVICE

 

Joe R. Pyle, Broker

 

(888) 875-1599

 

5546 Benedum Drive Shinnston West Virginia 26431

 

www.joerpyleauctions.com

 

 

 

Joe R Pyle WV212

 

Charlotte Pyle WV2174

 

Alan Heldreth WV2224

 

Jordan Kiger WV2246

 

Bob Stewart, Jr WV825

 

Bob Stewart, III WV1292

 

Tia Wolski WV 2351A

 

Joe Panico WV 2353A