AUCTION - Bank Owned
$54,000Starting Bid

218 White St
Springfield MA 01108

Multi-Family
Property Type
4
Beds
2.0
Baths
3,204
Sq. Ft.
P111WTC
Property ID
Listing Courtesy of: Martin DIETTER - Marty's RE 528 Main St, Inc

NO TRESPASSING. DO NOT DISTURB ANY OCCUPANTS!

It is a criminal offense to trespass on this property.  Please contact the listing agent for occupancy status.

Occupied 2-Family with 12 Rooms, 4 Bedrooms, and 2 Full Baths with 3204 sqft on 0.11 acres. Sold as-is with no interior access.

LISTING INFORMATIONActive Closed Pending Sold Under Contract
Originating MLS:
Source MLS: Xome1

Property #
P111WTC
Property Type
Multi-Family
Bedrooms
4
Municipality
County
HAMPDEN
Bathrooms
2 Full
Lot Size
0.11 Acres
Square Feet
3,204 (approx)
Year Built
1906
Stories
2
Room Information
Full Baths
2

Interior Features
3
Martin Dietter -  Marty's Re 528 Main St, Inc - IDX provided courtesy of Realcomp II Ltd., via Xome Inc. and , Copyright 2016 Realcomp II Ltd. Shareholders
  • The Auctioneer may bid on behalf of the Seller up to the amount of the Reserve Price by placing successive or consecutive bids for a property or by placing bids in response to other bidders. Any such bids placed by the Auctioneer will not result in a Winning Bid.
  • There is a Buyer's Premium Fee based on a percent of the Winning Bid Amount with a minimum Fee. The Buyer's Premium will be 5 percent of the Winning Bid Amount or the Minimum Fee of $2,500 (US), whichever is greater. The payment of the Buyer's Premium fee shall be a condition of Closing.
  • Property is being offered “AS IS, WHERE IS”.
  • There are no inspection or financing contingencies.
  • The Earnest Money Deposit will be 3 percent of the Total Purchase Price or the Minimum of $3,000 (US), whichever is greater.
  • Buyer will receive a Special Warranty Deed (SWD) or equivalent.
  • Property may be subject to leasehold interests or other rights or claims of various tenants or other occupants, and Buyer may be subject to the United States Service Members Civil Relief Act, or other federal, state or local law, as applicable.
  • Buyer assumes all responsibility and liability for any occupancy, and assumes all responsibility, liability and cost of taking possession.
  • No trespassing on the property or disturbing current occupant.
  • No physical access/ability to conduct inspections prior to purchase. Buyer assumes all risk.
  • Financing Information: Not Available. Cash Purchase Only.
  • All pictures, details or descriptions of any property, condition of title, value or otherwise is provided for informational purposes only and may not represent the true and current status of the property now or at the time of sale.
  • Information is available for marketing purposes only.
  • Please contact the listing agent directly with questions or inquiries regarding this property.
  • Pre-Auction Offers - Offers must be submitted at least 48 hours prior to the start of the Auction Event. If the Pre-Auction offer is not accepted by the Seller before the Auction starts, it will be deemed rejected. If rejected, we encourage all buyers to bid once the Auction begins.
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Listing Courtesy of: Martin Dietter - Marty's Re 528 Main St, Inc
Price History
Listing Price History for 218 White St
Price History
Date
Event
Price
Source
Tax History
Year
Property Taxes
Change
Tax Assessment
Change
Source: Public Records
Average High Rent $1,500/mo.
Average Median Rent $1,400/mo.
Average Low Rent $1,000/mo.

Rent estimates based on 60 comparable rental listings with matching bedrooms and approx. size in 2 mile radius.

Rental Data Provided by Rent Range

Purchasers are required to conduct their own due diligence and validation.

 
Monthly Yearly
Est. Cash Flow
679.11 8149.28
Est. Cap Rate
  19.67
Est. Cash on Cash Return
  75.46
Est. Gross Yield
  29.99
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Time Remaining: 

3 : days 5 : hours 14 mins
Starting Bid

$54,000

Bid Increment 
$0
  If I am the Winning Bidder, what are the next steps?
You will receive an email including a link that will verify your bid and confirm your registration information. In addition, there will also be a notification within your user dashboard regarding the express checkout form. This form must be completed within 24 hours. You will receive further closing information that will be provided along with the purchase contract.

Cash Only
Per Seller requirements, this property must be purchased with liquid funds and/or cash in hand. Winning Bidders may also use a private lender to obtain a "hard money loan" which will be considered the same as CASH.

#285 - Seller Select Showcase

Oct 20 - Oct 23

LISTED BY

Listing Agent Martin DIETTER
License Number 9047481
Phone Number +1 (413) 214 4119
Brokerage Marty's RE 528 Main St, Inc
Brokerage License 8089
Managing Broker Martin Dietter
Managing Broker License 9047481

MAY WE ASSIST YOU?

Need some help with anything? Check out our  Frequently Asked Questions section for the answers to common questions Or contact our Customer Service department.
Auctioneer William Hayward
License # 3285
Broker: Viola Robinson
Viola.Robinson@xome.com
Broker: Jonathan Cerreta
Jonathan.Cerreta@xome.com
Xome Broker: Larry White Jr.
(602) 206-1262
Courtesy: Marty's Re 528 Main St, Inc
Information is deemed reliable but is not guaranteed.
This content last refreshed on 10/20/2018 2:20 AM .Some properties which appear for sale on this web site may subsequently have sold or may no longer be available."