A NOLAN SALES “LIVE ONLY” AUCTION
ON THE 4-UNIT MULTI-FAMILY HOME OF
MICHAEL BRUNNER
205 E RAMSDELL STREET, MARION, WI 54950
on
SATURDAY, JUNE 6th
Starting at 1:00 PM
LOCATED: 205 East Ramsdell Street, Marion. Watch for Auction Signs.
REAL ESTATE: Investment opportunity in the heart of Marion! This well-maintained 2-story, 32 x 42 multi-family property offers 2,688 sq. ft. of income-producing space featuring four fully rented units on month-to-month leases. The upper level includes two spacious 2-bedroom, 1-bath apartments, while the lower level offers one 2-bedroom, 1-bath unit and one 1-bedroom, 1-bath unit. Each apartment has its own private exterior entrance, adding convenience and privacy for tenants. Tenants pay their own electric utilities, helping reduce owner expenses. A wrap-around covered porch enhances the lower level.The attached 30 x 30 garage features two separate overhead doors plus a walk-in door, creating additional rental income potential with separately rented garage spaces. Built with a durable brick exterior and concrete block garage, this property offers lasting value and low-maintenance appeal.Situated on an corner lot approximately 57 x 120 in the City of Marion, this is an excellent opportunity for investors seeking immediate cash flow and long-term potential.
VIEWING: There will be an OPEN HOUSE on SATURDAY, MAY 30th from 1-3 PM to inspect the real estate, with members of Nolan Sales present. Real Estate may also be viewed by appointment.
REAL ESTATE TERMS: Sellers will accept or reject high bid within seven (7) days of the auction. Buyers will be expected to complete an offer to purchase, and put down ten percent (10%) of the high bid, with the balance due at closing in sixty (60) days. Offers will be written as cash offers not subject to financing, and the transactions will be closed by a title company to guarantee clear title. Taxes will be prorated to the day of closing. Property is being sold As Is with no warranties of any kind other than that the property shall be free and clear of all liens and encumbrances. There will be a FIVE (5%) BUYERS PREMIUM added to the high bid.
Sale clerked by Nolan Auction, Inc. Online auction terms apply. Everything sold as is, where is. No Warranties.
SALE CONDUCTED BY
NOLAN SALES LLC
PO Box 486, Marion, WI 54950 * (715) 754-5221 or 1-800-472-0290
Tim Nolan & Gerald Sonny Nolan, Reg. WI Auctioneers, Lic. #165 & #142
Visit our website at www.nolansales.com for more photos.