Auction Details

REAL ESTATE AUCTION

ATLANTIC CITY BEACH BLOCK

3 UNIT BRICK APT. BLDG.

FULL BASEMENT

READY TO RENOVATE

OPENING BID REDUCED TO $25,000.00!

Live On-site Auction

Begins: Mon, May 24, 2010 12:00PM

Ends:

Location: 112 S. Bellevue Avenue Atlantic City, 08401

Auction Description

REAL ESTATE AUCTION

 

ATLANTIC CITY BEACH BLOCK

3 UNIT BRICK APT. BLDG.

FULL BASEMENT

READY TO RENOVATE

OPENING BID REDUCED TO $25,000.00!

 

MONDAY MAY 24, 2010 @ 1:00 PM

ON PREMISES: 112 S. BELLEVUE AVE.

 ATLANTIC CITY, NJ

 

PROPERTY FEATURES: 3 FAMILY BRICK 3 STORY APARTMENT BLDG., FULL BASEMENT W/PRIVATE ENTRANCE, 4’ WIDE GATED SIDE ALLEY, NEW ROOF, BLDG. HAS BEEN COMPLETELY GUTTED & EACH FLOOR IS READY TO BE FINISHED, UNOBSTRUCTED ROOF TOP VIEWS, AMPLE STREET PARKING, 18X60 LOT.

 

UTILITIES:  CITY WATER, ELECTRIC & GAS.

 

THIS PROPERTY IS CLOSE TO ALL BOARDWALK CASINOS & RESTUARANTS, JUST OFF BOARDWALK ACROSS FROM BET TOWER SITE, NEAR THE HISTORIC BOARDWALK HALL & THE PIER SHOPS AT CAESARS. ZONED CASINO WITH GRANDFATHERED MULTI UNIT DWELLING.  APPROVED NEW STRUCTURAL PLANS.

 

INSPECTIONS:  Supervised inspections with bldg. access Tues. May 11, 1:00 PM to 300:PM, Sat. May 15 & Tues. May 18, 11:00 AM to 3:00 PM.  Monday May 24, 12:00 Noon day of sale.  Note: Inspect premises at your own risk. Neither seller nor auctioneers are liable for hidden defects, dangers, conditions, or any damages to persons or property while in, on, or about the property.

 

TERMS: ALL PROSPECTIVE BIDDERS MUST REGISTER WITH THE AUCTION CO. THE DAY OF THE SALE PRIOR TO THE START OF THE AUCTION.  A $5,000.00 DEPOSIT IN CASH, BANK CHECK, CERTIFIED CHECK OR CHECK W/ACCEPTABLE BANK LETTER OF GUARANTEE & SIGNED CONTRACT REQUIRED AT CLOSE OF BIDDING.  BALANCE OF 10% DEPOSIT DUE BY CLOSE OF BUSINESS ON WEDNESDAY MAY 26, 2010.  PROPERTY IS BEING SOLD TO THE HIGHEST BIDDER WITH AN OPENING BID OF $25,000.00, FINAL PRICE SUBJECT TO CONFIRMATION BY THE SELLERS.  SALE SUBJECT TO A 5% BUYERS PREMIUM.  PROPERTY IS BEING SOLD AS IS, FREE & CLEAR OF ALL LIENS, CLEAR TITLE GUARANTEED.

 

DIRECTIONS: A/C Expressway into Atlantic City, continue straight to traffic light at Trump Plaza. Turn right at light onto Pacific Ave. to S. Bellevue Ave. left onto S. Bellevue to # 112 on Right.

 

CLICK "DOCUMENTS" ON RIGHT OF SCREEN FOR COMPLETE TERMS & GENERAL INFORMATION

 

A.P. NATOLI & PETER COSTANZO

AUCTIONEERS & REALTORS

THE AUCTIONEERS GROUP

(609) 693-6899  (732) 776-722

www.theauctioneersgroup.com