Multi-family 5-plex located on a 14,375 ± sq. ft. lot with shared parking. 3 units are currently occupied. Toledo is located along the Yaquina River and approx 8 miles from the coast.
MULTI-FAMILY PROPERTY Multi-family 5-plex located on a 14,375 ± sq. ft. lot with open/shared parking. The A-frame building includes 2 units – the lower unit is vacant and the occupied upper unit has a non-performing lease. The middle 2 bedroom/1 bath unit with the attached carport is currently rented for $675 a month. The detached 1-level home has 2 bedrooms/1 bath and is occupied with a non-performing lease. The lower level home has 3 bedrooms/2 baths and is vacant. Per the stated Terms of Sale, this property is sold AS IS WHERE IS WITH ALL FAULTS including any building violations for the property as a whole that may apply (including but not limited to fines and penalties). Clear Title will be transferred via a Government Deed.
Utilities: Electricity, Gas, Water, Sewer
Zoning: R-G/Residential General
Starting Bid: $100,000
Bid Increment: $100
Sale #: 23-66-860
Saturday, April 22, 1-4pm and Sunday, April 23, 9am-12pm by appointment only.
Friday, April 28, 2023
10:00 am – 12:00 pm PT (1-3 pm ET)
Closing will be held within 45 calendar days of the date the Government signs the sales contract.
CWSAMS has made every reasonable effort to facilitate online bidding. However, it is possible that technical problems and transmission issues may arise and affect the CWSAMS website, bidding system and/or computer or server or your computer, personal device or software which is beyond the control of CWSAMS. By bidding online Bidder acknowledges that CWSAMS is not responsible for technical problems or transmission issues associated with a bid and that, in the event technical problems interfere with or prevent a bid, it may be necessary to withdraw items from bidding due to technical errors or uncontrollable circumstances. Further, in the event of the occurrence of a technical problem during any bid in any auction, CWSAMS in its sole discretion reserves the right to declare an item sold, postpone or cancel the auction, extend the bidding time for this auction and/or re-list the property for auction at another date and time. The decision of CWSAMS on this matter shall be final. Bidder acknowledges that, by bidding in any auction held by CWSAMS, Bidder accepts the terms and conditions of this Disclaimer.
Go to Auction and select register to bid.
Bid Deposit: $20,000
Submit the Bid Deposit Form and mail in your deposit of $20,000 in the form of a cashier’s check payable to CWS Marketing Group. Deposit is due by April 27, 2023 at 5PM ET.
You will receive a confirmation email once your deposit is received and registration is approved.