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Circa 1828 FORD Historic Site

ABSOLUTE REAL ESTATE AUCTION!

Absolute Real Estate AuctionOn site at 1608 State Hwy 26, South Otselic, NY 13155 (Town of Otselic)(Chenango County)

Saturday November 14 at 11 AM * Preview at 10 AM

NO MINIMUMS * NO RESERVES

For the Estate of Edward Monuszko

QUALITY INVESTMENT OPPORTUNITY! (Legal 2 family home!)

Open House: Tuesday November 10 from 3-4:30 PM. Walk the lot at your leisure.

A Legal 2 family currently set up w/ (1) 3 BR, 1 bath, LR and eat in Kitchen & (1) 2 BR , 1 bath, LR & DR unit. A 2.5- story home and one of the first homes ever built in the area with 2 story side porch. Built in 1828, by Dr. Norman Ford this FORD HOME is likely to be the oldest continually inhabited home in the hamlet.

Sells w/ attached (20’ x 14’) storage area & 1,992 SQFTLA w/ split elec. & NEW SEPTIC SYSTEM. 73’ x 109’x 57’ x 103’ LOT (.15) Acre Lot partially fenced , gravel drive, attic, parking, needs plumbing & TLC. Quality location on Main Rt. & SELLS AT ABSOLUTE AUCTION TO THE HIGHEST BIDDER REGARDLESS OF PRICE!

Sells with split elec., three elec. meters (one for garage), (3) separate 100 Amp. Elec. breaker boxes, metal roof, asbestos type & wood siding, hot water steam heat, Peerless cast iron fuel oil boiler, 275 gallon fuel oil tank, (2) separate 40 gallon elec. H2O heaters, dry basement w/ concrete floor, good stone foundation, pubic water, new private septic, The Property is currently EMPTY and ready for the new owners to decide who lives there.

In 1983, the hamlet of S. Otselic was added to the National Register of Historic Places as a Historic District. The Ford House is an example of vernacular architecture with two stories and three bays with a two story side porch. Dr. Ford was the first Doctor and first postmaster of the hamlet. Soon after he built this home, he extended it making it the first Tavern in South Otselic, which he operated for about 15 years back in the day.

FIX IT UP AND YOU HAVE AN EXCELLENT CASH FLOW OPPORTUNITY or MAKE IT A 1 FAMILY!

• Tax map #: (65.11.1-44.1)
• Built in 1828 w/ 1,992 total SQFTLA
• Total assessed @ $32,500
• Full market value= 71,116
• Uniform %= 45.7 %
• Property class= 2 Family
• Otselic Valley central school district, Town of Otselic
• 2014/15 Total Taxes: School/Town & County/ water & fire: $2,560 +/- w/ no exemptions

Real Estate Auction Terms: 10% Buyer’s Premium added to final bid to equal the Total Purchase Price. 50% down on day of auction, with the remainder due at closing within 30 days. Time is of the essence. Executor’s Deed. Property sells “As Is, Where Is”. All test required must be done prior to auction day. All statements at auction take precedence over printed material. Real estate to be sold free & clear with NO liens, NO back mortgages & NO back taxes owed! Auctioneer agency represent s only the sellers. Lead paint does exist. SELLS ABSOLUTE TO THE HIGHEST BIDDER REGARDLESS OF PRICE!

AUCTIONEERS NOTE: An outstanding opportunity to buy a 2 family home in S. Otselic, NY ! INVEST IN REAL ESTATE! Come and bid your price the AUCTION WAY! Norwich/ Oteslic, NY auction, Norwich/ Otselic, NY auctioneers, Chenango County real estate auctions, Chenango county auctions, Chenango county auctioneers, NY state auctioneers, central NY auctioneers, Norwich/ Otselic, NY estate auction, Norwich/ Otselic, NY estate auctioneers, Chenango county estate auctioneers.


 

ANOTHER AUCTION SALE MANAGED BY…

SDZ Auctions
Steven D. Zogg Real Estate
Auction & Cattle Co.
1264 State Route 392
Cortland, NY 13045
Office: 607-835-6599; 607-423-3293
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Auctioneers & Sales Managers

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