Online Auction: Multi-Family Dwelling, 55 River St, Windsor, VT
Four-plex with basement and storage unit. 3 Units have 2 bedrooms and 1 bath. Main house has 3 bedrooms and 2 baths. Sold with tenants in place and rental income.
MULTI-FAMILY DWELLING Multi-family dwelling with 4 units and a 504 ± sq. ft. unfinshed basement with laundry. The 1,597 ± sq. ft. main home has 3 bedrooms and 2 baths. The 3 accessory dwellings have 2 bedrooms and 1 bath each (2 units are 620 ± sq. ft. and the 3rd unit is 736 ± sq. ft.) The property is located along the Connecticut River and includes detached garage/storage. Note: Two of the units are currently leased (main house and Unit B) and will be sold with tenants in place. The monthly rental income is $1,850. Virtual tour and leases of the occupied units can be viewed online. 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.
Living Space: 3,573 ± sq. ft.
Site Area: 0.67 ± acre
Year Built: 1880
Lease: Lease of Main House
Agreement: Occupancy Agreement – Unit B
3D Scan: Main House
3D Scan: Unit B
Floor Plan: View floor plan
Utilities: Electricity, Water, Sewer
Zoning: VMU/Village Mixed Use
Parcel No: 700055-000
2023 Windsor County Taxes: $5,565.00 ±
FEMA Flood Zone AE: Map 50027C0632E
Starting Bid: $40,000
Bid Increment: $500
Sale #: 24-66-125
Monday, March 18 and 25, 11am-2pm by appointment only.
You may view a virtual tour of the occupied units.
Questions about the sale/property: Email us at realproperty@cwsams.com or call 703 273-7373.
Technical assistance: Contact us at service@cwsmarketing.com with any technical questions about the online bidding process.
Go to the General Terms of Sale.
Friday, March 29, 2024
11:00 am – 1:00 pm ET
Bid Deposit: $10,000
Submit the Bid Deposit Form and mail in your deposit of $10,000 in the form of a cashier’s check payable to CWS Marketing Group. Deposit is due by March 28, 2024 at 5PM ET.
Closing will be held within 45 calendar days of the date the Government signs the sales contract.
Go to the Online Bidding Guide to learn how to bid in an online sale.
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: $10,000
Submit the Bid Deposit Form and mail in your deposit of $10,000 in the form of a cashier’s check payable to CWS Marketing Group. Deposit is due by March 28, 2024 at 5PM ET.
You will receive a confirmation email once your deposit is received and registration is approved.