10 Prime Rental Properties in Ashland & Grayson
Listing ID#: 899641
| Sale Location |
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1119 Armco Park 1119 Armco Park Ashland, KY 41102 |
| Sale Dates and Times |
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Wednesday Oct 14, 4:00 pm |
| Sale Type |
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  Live with Online Auction
VIEW ONLINE CATALOG |
| Company Information |
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Joe R. Pyle Complete Auction & Realty Service Contact: Alan Heldreth Phone: 3045926000 Email: info@joerpyleauctions.com Website: www.joerpyleauctions.com EstateSale.com ID#: 5968 View company information and listings |
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| Listing Terms and Conditions |
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REAL ESTATE TERMS: 10% nonrefundable down payment made day of auction (or within 24 hours for online bidders), payable to Woodrow Wilson, Broker, with balance due at closing. Cash, check, & wire transfer accepted. Credit cards will not be accepted for the down payment. REAL ESTATE PURCHASE AGREEMENT WILL BE SENT TO THE EMAIL ON FILE FOR ELECTRONIC SIGNATURE FOLLOWING THE CLOSE OF THE AUCTION AND MUST BE SIGNED IMMEDIATELY. No financing contingencies will be entered into the contract. Any required inspections must be completed prior to bidding. Property is being sold as is, where is with no warranty written or implied. Property will be sold free and clear of all liens. Seller is conveying surface rights only with no oil, gas, coal, mineral, or other subsurface interests conveyed unless otherwise noted. 60 days given to close. Closing will be held at the offices of Whitley Hill Bailey. Announcements sale day take precedence over all advertisements published. 10% Buyers Premium will be added to determine final contract price. Name of purchaser on contract must be the name of the winning bidder or an entity which the winning bidder legally represents. No exceptions. Real estate sold subject to owner confirmation. AGENCY DISCLOSURE: Joe R. Pyle Auction and Realty Service is acting as Auctioneer only. DISCLAIMER: All information regarding the description of this property is derived from sources deemed reliable but not warranted. Information is believed to be correct to the best of auctioneer/agent’s knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. Any references to acreage, unless otherwise noted, are derived from public record and are not warranted. Buyers are responsible for conducting their own research prior to bidding. BUYER/BROKER INFORMATION: Commission will be paid to any properly licensed buyer's broker who registers a successful buyer according to the Broker Participation Guidelines. Broker registration forms are available on our website or from the company office. Broker must be registered 24 hours prior to Auction. Brokers/Agents are not entitled to a commission if they are the purchaser. |
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Online Real Estate Auction
Bidding begins closing Wednesday, October 14th at 4:00PM
Registration begins at 4:30AM
AUCTION LOCATION
Armco Park
1119 Armco Park
Ashland, KY 41102
SUBJECT 1: 731 Sallie Drive & 736 Gail Drive Ashland
Excellent opportunity to purchase two properties on one parcel. This offering includes a single-family home and a single-wide trailer, providing immediate income potential with additional upside.
The property at 731 Sallie Drive is currently tenant-occupied with a monthly rental income of $1,200, equating to $14,400 in gross annual income. The property at 736 Gail Drive is currently vacant, offering an opportunity for additional rental income or owner occupancy.
Property Breakdown:
736 Gail Drive (Single-Family Home – Vacant)
3 Bedroom | 1 Bathroom
Approx. 1,385± Sq Ft
Built in 1960
Nice driveway with carport
Nice flat yard
731 Sallie Drive (Mobile Home – Income Producing)
Single-wide trailer
2 Bedroom | 1 Bathroom
Front porch & back porch
Portable carport
Currently rented at $1,200/month
Investment Highlights:
Two properties on one parcel
Immediate rental income
Additional income potential from vacant home
Nice flat lot
Convenient Ashland location
Gross monthly rent: $1,200
Gross annual income: $14,400
Parcel ID: 024-07-00-045.00
SUBJECT 2: 2442 Shopes Creek Rd. Ashland
Property Overview
• 3 Bedroom, 1 Bathroom
• 1,272 +/- Sq Ft
• Built in 1978
• 0.31 +/- Acres
• Brick Ranch-Style Home
• One-Level Living
• Nice Driveway
• Nice Front Porch
• Window A/C & Wall Heating Units
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Additional Information
• Parcel ID: 024-02-00-012.00
• Sold in cooperation with Woodrow Wilson, Broker #179027
• 10% Buyer’s Premium
• 60 Days to Close
• Please read full terms and conditions prior to bidding
SUBJECT 3: 2027 Booth Quillen Road Ashland
This rental property is already producing steady monthly income and offers endless potential for investors looking to expand their portfolio. Featuring a functional layout, carport, and flat yard, this property is currently tenant occupied on a month-to-month lease with rent partially supported by HUD.
• 3 Bedroom
• 2 Bathroom
• 1,000 +/- Sqft
• Built in 1966
• Central A/C
• Forced Air Heating
• Carport
• Flat Yard
• Tenant Occupied
• Month-to-Month Lease
• Monthly Income: $1,000
• Annual Income: $12,000
• Partially Supported by HUD
• Endless Potential
• Already Producing Income Every Month
• Parcel Number: 024040004300
SUBJECT 4: 1524 Green Valley Dr. Ashland
Turn-key 3-bedroom, 1-bathroom home located in a desirable Ashland neighborhood. Offering 912+/- square feet of living space, this move-in ready property is ideal for homeowners looking for a place to call home or investors searching for their next rental property.
The home has been updated with new flooring and a brand-new kitchen, giving it a fresh, modern look. The spacious primary bedroom features a huge walk-in closet, providing plenty of storage space. Additional amenities include central A/C, city water, city sewer, a 1-car garage, and a flat yard that is perfect for outdoor enjoyment and easy maintenance.
Whether you're looking for a comfortable home to move into or an investment with excellent rental potential, this property is one you won't want to miss.
Property Features:
• Online Only Auction – Ends August 4th at 6:00 PM
• 3 Bedrooms
• 1 Bathroom
• 912+/- Sq. Ft.
• Turn-Key Condition
• Huge Walk-In Closet in Primary Bedroom
• New Flooring Throughout
• Brand-New Kitchen
• Central A/C
• 1-Car Garage
• Flat Yard
• City Water
• City Sewer
• Great End-User Home
• Excellent Rental Opportunity
• Parcel ID: 024-04-00-204.00
SUBJECT 5: 2518 Shopes Creek Rd. Ashland
This 2-bedroom, 1-bathroom home is currently generating $1,100 per month in HUD-backed rental income, making it an ideal addition to any investment portfolio.
Built in 1979, this home features a block foundation, central air conditioning, city water, and city sewer. The property also offers a welcoming front porch and a flat yard, providing plenty of outdoor space for tenants to enjoy.
Located in a desirable rental area, this property offers immediate cash flow and long-term investment potential.
Monthly Income: $1,100
Annual Income: $13,200
Property Features:
• 2 Bedrooms
• 1 Bathroom
• Income Generating Property
• HUD-Backed Rental Income
• Monthly Income: $1,100
• Annual Income: $13,200
• Built in 1979
• Block Foundation
• Central Air Conditioning
• City Water & City Sewer
• Front Porch
• Flat Yard
• Convenient Ashland, KY Location
• Excellent Investment Opportunity
SUBJECT 6: 367 Paradise Hill Grayson
3-bedroom home located in a highly desirable area of Grayson, Kentucky. Situated on approximately 2.6+/- acres, this property offers the perfect combination of country living and convenience.
This freshly remodeled home features 1,404+/- square feet of living space and offers numerous updates throughout. Built in 1964 with a block foundation, the home provides a solid structure with modern improvements already completed.
Outside, you'll find a large driveway with plenty of parking space and ample room to enjoy the surrounding acreage.
Property Features:
• 3 Bedrooms
• Freshly Remodeled
• 1,404+/- Sq. Ft. Home
• 2.6+/- Acres
• Desirable Grayson Location
• Built in 1964
• Block Foundation
• Large Driveway
• Numerous Updates Throughout
PARCEL ID: 104-50-12-002.00
SUBJECT 7: 2428 Shopes Creek Rd. Ashland
3-bedroom, 1-bathroom brick-style home located in a convenient area of Ashland, Kentucky. Whether you are looking for an investment property or a place to call home, this property offers plenty of potential.
This home features a spacious kitchen, comfortable living room, central air conditioning, city water, and city sewer. Outside, you'll find a large driveway, a flat fenced-in yard, and a workshop/storage building in the backyard, providing plenty of room for storage, hobbies, or additional workspace.
Currently generating $1,000 per month in rental income backed by HUD on a month-to-month lease, this property presents an excellent income-producing opportunity.
Property Features:
• 3 Bedrooms
• 1 Bathroom
• Brick-Style Home
• Central Air Conditioning
• Large Kitchen
• Spacious Living Room
• City Water & City Sewer
• Large Driveway
• Flat Fenced Yard
• Workshop/Storage Building
• Convenient Location
• HUD-Backed Month-to-Month Lease
Monthly Income: $1,000
Annual Income: $12,000
PARCEL ID: 024-02-00-014.00
SUBJECT 8: 111038 Broadway Drive Ashland
Outstanding investment opportunity featuring a 6-unit trailer park with strong income-producing potential. This property offers a combination of HUD-supported tenants and lot rentals, providing investors with steady cash flow and long-term investment potential.
Current Monthly Income: $2,500
Current Annual Income: $30,000
Rental Breakdown
• Lot 1 – Lot Rental Only: $150/Month
• Lot 2 – Partially HUD Supported: $950/Month
• Lot 3 – Currently Vacant
• Lot 4 – Lot Rental Only: $150/Month
• Lot 5 – HUD Supported: $1,100/Month
• Lot 6 – Lot Rental Only: $150/Month
PARCEL ID: 025-01-00-030.01
SUBJECT 9: 1506 Green Valley Dr. Ashland
This well-maintained brick ranch home offers 3 bedrooms, 1 bathroom, and approximately 988± square feet of living space on a 7,000± square foot lot.
The home features a desirable single-level brick ranch layout, Central A/C, a fenced-in backyard, and a flat yard that is easy to maintain. Whether you're looking to expand your investment portfolio or purchase a home with strong rental history, this property is worth your consideration.
Currently generating $1,000 per month in partially HUD-backed rental income, this property produces an impressive annual gross income of $12,000.
Property Features:
• 3 Bedrooms
• 1 Bathroom
• 988± Sq. Ft.
• 7,000± Sq. Ft. Lot
• Brick Ranch Layout
• Central A/C
• Fenced-In Yard
• Flat Yard
• Built in 1976
• Partially HUD-Backed Rental Income
• Monthly Rental Income: $1,000
• Annual Rental Income: $12,000
PARCEL ID: 024-04-00-201.00
SUBJECT 10: 8115 Country View Dr. Ashland
This income-generating property offers a great opportunity for investors or homeowners looking for additional space and value. Featuring a 3-bedroom, 1-bath home situated on two parcels selling together, this property provides a private setting in a peaceful neighborhood while still being conveniently located. With steady rental income already in place, this is a solid opportunity to expand your portfolio or secure a home with built-in income potential.
Property Overview
• 3 Bedroom, 1 Bathroom
• 1,560 +/- Sq Ft
• 2 Parcels Selling for One Bid
• Parcel 1: 0.56 +/- Acres (Home Site)
• Parcel 2: 0.30 +/- Acres
• Located in a Cul-de-Sac
• Peaceful Neighborhood with a Private Setting, Conveniently Located
• Central A/C
• Forced Air Heat
• Fireplace
• Large Back Deck
• Storage Shed
• Income Generating Property (Partial HUD Rent)
• Monthly Income: $1,200
• Annual Income: $14,400
Additional Information
• Parcel ID: 024-04-00-229.00
• Parcel ID: 024-04-00-228.00
Sold in cooperation with Woodrow Wilson, Broker 179027
10% buyer’s premium. 60 days to close. Closing will be held at the offices of Whitley Hill Bailey. Please read full terms and conditions before bidding.
JOE R. PYLE COMPLETE AUCTION & REALTY SERVICE
(888) 875-1599
5546 Benedum Drive Shinnston West Virginia 26431
www.joerpyleauctions.com
Joe R. Pyle RP3864
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