Units 1-6, 10 and 11 525 Water Street, Clinton, MA 01510

TOWN ORDERED AUCTION OF 8 TOWNHOUSES!

TOWN ORDERED AUCTION OF 8 TOWNHOUSES! The displayed price is the deposit amount required to register. The actual purchase price will be determined by the highest bid at LIVE AUCTION ON FEBRUARY 17, 2022 AT 12:00 PM. Rare investment opportunity to acquire 8 townhouses to be sold as a group. The revenue generating units are located in Rivers Edge Condominium which is a three building complex built about 2005. The townhouses are believed to have similar layouts and offer 3 bedrooms, 2.5 bathrooms, central heat and air conditioning, plentiful parking and public water and sewer. Units 1 - 4 have ±1,442 sq. ft. of living area. Units 5, 6, 10, 11 have ±1,195 sq. ft. as well as a one car garage and patio overlooking the river. Currently occupied with tenants at will, the units produce monthly income and sit between the Nashua River and Savage Playing Field. The units will likely need to be phased into the condominium association by the new owner. Terms: Bidder registration begins at Clinton Town Hall, 242 Church Street, Clinton, MA at 11:00 AM. For this property a deposit of $40,000, in certified or bank cashier's check is required to register to bid. Additional deposit bringing the total deposit to 10% of the purchase price is due in 24 hrs. Closing in 30 days. Property sold as is. We make no representations, warranties, or guarantees as to the accuracy of the information provided. MA Lic. #104