Auctions

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%) BUYER’S PREMIUM added to the high bid.

Sale clerked by Nolan Auction, Inc. Regular auction terms-cash or personal check. Everything sold as is, where is. No warranties.

SALE CONDUCTED BY:
Nolan Sales LLC, P.O. Box 486, Marion, WI  54950
Phone:  (715) 754-5221 or toll-free 1-800-472-0290
Tim Nolan & Gerald "Sonny" Nolan - Registered Wisconsin Auctioneers
License #165 and #142

Contact Nolan Sales Today!