Absolute Auction • 9/12/24

Tri-Plex/Duplex in the heart of Reidland!
Attention Investors!

ABSOLUTE AUCTION

 

Thursday, September 12th • 10:07 AM

5732 Benton Road • Paducah, KY
Heart of Reidland • Tri-plex/Duplex

 

In the heart of Reidland, this tri-plex/duplex office/retail building recently earned $15,600 annually – with room for much growth. Located next door to Huck’s convenience mart and across the street from Reidland Elementary.

With approximately 2,275 Sq. Ft. under roof, situated on a ±100x150 Ft. lot with blacktop parking, recent upgrades including the natural gas central heat & air; city water & sewer. The back lot is also rented. All on a month-to-month basis.


Auctioneer's Note: No longer fully rented. Both the renters have moved out or are in the process of moving out. I think they realized that the days of near half-price rent is soon to be over.

 

Terms of Auction: 15% Deposit day of auction; balance within 45 days. A 10% Buyer’s Premium will be added to the final bid and included in the total contract price.

Terms of Real Estate Auction: 15% Deposit day of auction; balance within 45 days. A 10% Buyer's Premium will be added to the final bid and included in the total contract price.