Four-Plex in the prestigious Highland Park area

Four-Plex in the prestigious Highland Park area

Friday, March 1, 2024  |  12:00 PM Central
Auction closed.
Four-Plex in the prestigious Highland Park area

Four-Plex in the prestigious Highland Park area

Friday, March 1, 2024  |  12:00 PM Central
Auction closed.
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Description

Selling a Brick Two Story Four-Plex in the prestigious Highland Park area of Dallas. Current Leases convey with the property.
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Four-Plex in the Highland Park area

Lot # 1 (Sale Order: 1 of 1)      

LIVE AUCTION...LEASED FOUR-PLEX IN THE HIGHLAND PARK AREA Located between Douglas and Oak Lawn - Current Leases Convey FRIDAY, MARCH 1 AT 12 NOON - 4120 Prescott Ave in...more Dallas TX Tony Langdon Auction Properties 214.876.5950 tonylangdon.com . REAL PROPERTY: Built in 1930, this Brick, Two Story Four-Plex features 4 one-bedroom, one-bath apartments. Each Unit has a separate HVAC and Electric Meter with Gas Ovens and Washer/Dryer connections. The 2 ground level Units are currently leased for $1495 monthly, expiring on June 30 and July 7. One Units upstairs is on a month-to-month rental at $1295 and Unit 102 has been left vacant for the purpose of viewing the property prior to the Auction. Enjoy the living in the Highland Park area as a primary, residence, continue as a Rental Property or utilize the 50' x 145' Lot for New Construction. Incredible shopping, dining, recreation, and entertainment are only a few blocks away. . LIVE AUCTION: The property will be offered For Sale in a Live, Audible Auction, conducted by a Licensed Auctioneer on FRIDAY, MARCH 1ST AT 12 NOON CST. The Auction will be conducted on site at the property with Registration beginning at 10:00am on the day of the Auction. The property will sell "AS IS". It is the sole responsibility of potential Buyers to inspect and research the properties prior to the Auction. . REAL ESTATE TERMS: A 10% Buyer's Premium will be added to the High Bid attained at Auction to constitute the Total Contract Price. The Non-Refundable 10% Buyer's Premium will be paid the day of the Auction when the Contract is executed by Cash, Cashier's Check or a Personal/Business Check will be accepted if accompanied by a "Bank Letter of Guarantee" or other "Proof of Funds". The Balance will be due at Closing, on or before, Thursday, April 4, 2024 at 5:00pm Central Time at Doster Law Group in Denton. Buyer is responsible to attain his or her own Financing prior to Closing. . ONLINE BIDDING: If you are unable to attend the Live Auction on-site... you can participate in Real-Time Online Bidding that will be available through PROXIBID beginning at 11:30am on the day of the Auction. Pre-registration with PROXIBID is required at www.proxibid.com. 11% Buyer's Premium will apply if bidding online with Proxibid. . AGENT INCENTIVE: Real Estate Agents are eligible to receive a 2% Commission. Bring your Buyer and Co-Register the day of the Auction. The Real Estate Agent of the successful Buyer will receive a 2% Commission of the Auction Strike Price to be paid the day of Closing. Real Estate Agents participating as a Principal to the transaction or are an Immediate Family Member of the Buyer are ineligible for the Agent Incentive. . OPENING BID: $300,000 . REAL ESTATE PREVIEW: This property may be viewed by appointment only. Call to schedule an appointment. Contact Tony Langdon at 214.876.5950 for additional information or go to http://tonylangdon.com/realestate/upcomingauctions.html . For updated information on Upcoming Auctions you can also follow Tony Langdon on Twitter, Instagram & Linkedin: https://twitter.com/tonylangdon https://www.instagram.com/tonylangdon.auctioneer/ https://www.linkedin.com/in/tony-langdon-54498a238/

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