Real Estate Foreclosure Auction 25-18 2-Family Home
NO LISTING PRICE. SEE DESCRIPTION BELOW. The above stated price is the TAX ASSESSED VALUE and a place holder only. The foreclosing lender has the right to bid at the auction. - Real Estate Foreclosure Auction 25-18 - 2-Family Home, Corner Lot, 1-Car Garage - 23-25 Forest Street, Portland, Maine - Wednesday, February 12, 2025 at 2PM - Real Estate: Consists of a .0489+/- acre corner parcel with 39+/- ft. on Forest Street and 54.78+/- ft. on Boynton Street. Improving the site is a circa 1874 Mansard style 2-family home (1,530+/-SF) with attached 1-car garage. The first unit has 2-bedrooms and 1-bath and the second unit has 1-bedroom and 1-bath. There is a full basement and a covered front porch. Reference Tax Map 53, Block A, Lot 13. - Preview: Wednesday, February 12, 2025 from 1-2PM. - Buyer's Broker Participation Program Available. Contact Auctioneer's Office for Qualifications. - Directions: From the intersection of I295 and Congress St., follow Congress St. east .4 miles to Forest St. on the left, follow to the property on the right. - Terms:A $10,000 deposit (nonrefundable as to highest bidder) in CASH or CERTIFIED U.S. FUNDS, made payable to Demerle & Associates P.C. (deposited with the Auctioneer as a qualification to bid), with balance due and payable within 30 days from date of auction. The property will be sold by public auction subject to all outstanding municipal assessments. Conveyance of the property will be by release deed. Buyer will be responsible for an auction fee of 5% of the purchase price to be paid at the time of closing. All other terms will be announced at the public sale. For a Property Information Package contact the auctioneers office and request by auction #25-18. Our 53rd Year and 8,727th Auction.
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