October 6 ~ 12, 2021 online
This 2 story church, land & house being sold as one property at online Auction. Any price stated in any marketing materials or mls is for reference only and has NO bearing on the auction. There is NO starting bid or established minimum. All offers MUST be through auction, No offers prior to auction will be considered. Buyers may preview and inspect at anytime. This is NOT a distress sale, there is NO mortgage or debts of any kind. A 10% Buyer's premium is in effect. Zoned Multi-Family and has been used as a church for many years and is in excellent condition with Elevator, Commercial Kitchen, AV room, 3 Offices, Social Hall with Stage, 3 Security Shutters, Paved & Grass Parking lots & the Parsonage (house). Excellent current tenant would like to stay, currently paying rent monthly. Separate meters at the house: 1827 McKinley. Financing is being offered by the seller. The seller is offering to finance the sale with 10% down at 6 1/4% interest rate with a 30 year amortization schedule and a 5 year balloon payment. This is offered with the stipulation that the church building and house will remain intact and not removed from the property and with the buyer maintaining the usual property insurance on this property to be insured at the selling price.