THIS IS AN AUCTION TO BE HELD ON SITE...STARTING BID IS $75,000........................$$ PORTLAND, TN PRIME REAL ESTATE $$ $$ INVESTORS - USERS - SPECULATORS $$ AUCTION SALE SATURDAY, AUGUST 10th - 10:00 AM - 1 & 2 BEDROOM DUPLEX - SUPER LOCATION - BRICK EXTERIOR - METAL ROOF - HUGE LOT - EXCELLENT INCOME HISTORY - INVESTMENT OPPORTUNITY - 106 SUMNER DRIVE, PORTLAND, TN DIRECTIONS: From Public Square, take South Broadway to Sumner Drive, turn left - property on left. This income producing property will catch the eye of anyone wanting to increase their income bottom line and only due to seller's health and living out-of-state would owner sell this Prime Real Estate. The duplex features one side with 1 bedroom, 1 bath, kitchen and living room - the other side features 2 bedrooms, 1 bath, kitchen and living area - huge lot, plenty of parking and located in a choice area of Portland, TN, near hospitals, schools and business locations. Robert L. Blackford Auctioneers has liquidated several properties for this seller and this property is the owner's favorite. This is the reason it was saved for the last one, always a great producer of income. Both sides had leases and one has just recently expired, it sells vacant. Owner chooses not to renew as he planned to sell. Other will expire in September, it sells rented. Make plans to attend this auction and be the last bidder. LEAD PAINT: Any home built prior to 1978 could contain lead base paint. If potential purchaser requires lead base paint inspection, at their expense, it must be completed prior to August 9, 2019 at 5:00 P.M. Purchaser will be required to sign lead base paint waiver prior to purchase contract. TERMS: 15% non-refundable deposit day of auction, balance on or before 30 days with deed. Bank Letter of Guarantee with business or personal check. A 10% Buyer's Premium will be added to final bid to determine contract selling price. All property offered in "AS IS" "WHERE IS" condition. It shall be the responsibility of all potential buyers to inspect prior to bidding and all bidders shall bid or buy based upon that inspection. All announcements made day of auction take precedence over all printed or oral information.
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