Lot # : 1 - 716 ALLEGHENY AVE and E. EIGHTH STREET OC PA

Online Only Auction
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Oil City, PA 16301
Date(s)
8/25/2023 - 10/5/2023
AUCTIONEER INFORMATION
Catalog
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Bidding Notice:

There will be a 10% buyers premium applied to the winning bid price for each lot.

Information
Lot # 1
Group - Category Real Estate - Residential
Lead 716 ALLEGHENY AVE and E. EIGHTH STREET OC PA
Description
This charming 3 bedroom, 1 bathroom setting in a quiet part of Oil City with an extra lot behind the home giving you extra parking, large play area, or possibly a location to build an new home. This home has oak hardwood floors, oak kitchen cabinets, stove, refrigerator, dishwasher, and microwave. The house features newer windows, air conditioning, washer and dryer. Backyard has access from East 8th street and Alley. This would make a great starter home . Taxes are approximately $1,500 annually. Why pay rent!!!
Name REAL ESTATE - 716 ALLEGHENY AVE OC, PA
Auctioneer
Brick's Auction Center
Type Online-Only Auction
Date(s) 8/25/2023 - 10/5/2023
Auction Date/Time Info
All sealed bids must be received by the auctioneer no later than 4 pm on Wednesday, October 4, 2023. The online auction will begin to close at 7 pm on Thursday, October 5, 2023.
Preview Date/Time Preview will be held on September 17, 2023 and September 24, 2023 from 12 - 2.
Checkout Date/Time Deposit in the amount of 10% must be forwarded no later than 24 hours from close of auction and close must be held within 45 days.
Location
716 Allegheny Avenue
Oil City, PA 16301
Buyer Premium Buyer's Premium for all Bidders
Description
We are very pleased to offer this charming 3 bedroom, 1 bathroom setting in a quiet part of Oil City with an extra lot behind the home giving you extra parking, large play area, or possibly a location to build an new home. This auction is being conducted by sealed bid and online bidding. Should you want to complete sealed bid, please contact Regis at 814-671-2969 for information. All sealed bids must be received by the auctioneer no later than 4 pm on Wednesday, October 4, 2023. The online auction will begin to close at 7 pm on Thursday, October 5, 2023.
Real Estate Terms: 10% down payment within 24 hours of auction closing is required and balance due at closing. A 10% buyer's premium will be added to the highest bid to establish the purchase price. Any desired inspections must be made prior to bidding. Payment must be in the form of cash, good PA check, or certified funds for out of state buyers. Settlement will be within 45 days. Real estate is being sold as is and subject to purchaser's sole discretion of value and condition. All information contained herein was derived from sources believed to be correct. Information is believed to be correct but not guaranteed. This is being offered and sold subject to seller's immediate approval.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 100.00 1.00 USD
100.01 - 500.00 5.00 USD
500.01 - 2,500.00 10.00 USD
2,500.01 - 5,000.00 50.00 USD
5,000.01 - 7,500.00 100.00 USD
7,500.01 - 10,000.00 250.00 USD
10,000.01 - 100,000.00 2,500.00 USD
100,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium Buyer's Premium for all Bidders
Payment Terms
Deposit in the amount of 10% must be forwarded no later than 24 hours from close of auction and close must be held within 45 days.
Not applicable.
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