ForeclosureAuctions.com & OhioForeclosures.com > Auctions > 7348 Hamilton Avenue, Cincinnati, Ohio 45231

7348 Hamilton Avenue, Cincinnati, Ohio 45231

Auction closed for price: $72,800.00
Auction ID :
#37201
Reserve :
Reserve price met.
Location :
Posted On :
17th of December 2021 at 12:13 PM ET
Ending On :
5th of January 2022 at 1:09 PM ET
Watch List :
Image Gallery
Property Specifications
Year Built 1938
Annual Taxes Of Record
Lot Size 0.164 acres (per auditor)
Parcel ID 593-0007-0021-00
Defendant Mt Healthy Pub LLC, et al.
File No. Receivership
Case No. A 1805204
Appraisal Amount N/A
City Cincinnati
Square Feet (per auditor) 3,860
Showings & Availability Yes
Description

Foreclosure Sale by Court-Appointed Receiver, Prodigy Properties.  Online bidding only.  $70,000.00 is both the opening bid & the published reserve price.  The property will be sold to the highest bidder above that amount.

 

Redevelopment / investment opportunity in Mt. Healthy, Ohio, a suburb of Cincinnati located ~11 miles from Downtown.  Formerly known as Redline Sports Bar & Grill, the subject property features a vacant, ~4,000 SF building designated for retail / commercial with residential units above.  The property is situated directly off of Ronald Reagan Cross County Highway with frontage on the heavily-traveled Hamilton Avenue.  Surrounded by other commercial and residential properties in a high-traffic area with convenient access to major highways.  Great upside potential.

 

Property will be sold free and clear of all liens, with property taxes prorated and paid off to the day of closing.  Receiver may, in its sole discretion, accept or reject any bid or offer for any reason, at any time, without notice.  No representations, warranties, or guarantees.  Bidding is scheduled to conclude on 1/5/2022 at 1PM ET.  A 10% Buyer’s Premium is added to the high successful bid to determine the final purchase price.  The high successful bidder must wire transfer a 10% deposit of the final purchase price by 5pm ET on Thursday, January 6, 2022.

 

Please do not trespass.  Contact Daniel Lane at [email protected] to schedule a walk-through.  Photos are provided for guidance purposes only.  All information provided is believed to be true, but cannot be guaranteed.  It is up to the bidder to verify any / all code violations prior to bidding, to the extent any exist.

 

DISCLAIMER AND WARNING:  This property is being sold as-is, where-is, without any warranties or representations by the Receiver.  The information contained in any advertisement is for informational purposes only and the Receiver makes no representations or warranties as to their truth or accuracy.  The information was compiled from a variety of sources, including the public record.  However, the Receiver has not independently verified any of the information and potential purchasers rely on it at their own risk.  All potential purchasers are advised to perform their own due diligence.  BY BIDDING ON THIS PROPERTY THE BIDDER REPRESENTS THEY HAVE INDEPENDENTLY VERIFIED ALL INFORMATION AND HAVE MADE THE DECISION TO BID BASED UPON THEIR OWN INVESTIGATION.

 

Key sale points:

  • The opening bid & published reserve price are both $70,000.00.
  • Property is sold 100% AS-IS, WHERE-IS, with all faults, to the extent any exist.
  • Property is sold subject to any / all code violations, to the extent any exist.
  • Property is sold subject to court approval.
  • All bids are subject to Receiver’s confirmation.
  • Receiver reserves the right to accept or reject any bid or offer, at any time prior to or subsequent to auction end, for any reason.
  • Information contained in any advertisement is not guaranteed or warranted.
  • No contingencies will be accepted, except the Receiver’s ability to convey insurable title.
  • Property will be sold free and clear of all liens.
  • Property taxes will be prorated and paid off to the day of closing.
  • Absolutely no financing contingencies.
  • Absolutely no inspection contingencies.
  • 10% Buyer’s Premium is added to the high successful bid to determine the final purchase price.
  • 10% deposit of the final purchase price must be wired to the title company by 5PM ET on Thursday, January 6, 2022.
  • The terms of the sale are fully set forth in the Agreement and are not negotiable.

Posted Bids
BidderBid AmountDate MadeWinner
Ca***********4$72,800.0005-Jan-2022 13:03:21Yes
Pe**********3$72,700.0005-Jan-2022 13:03:20 
Ca***********4$72,500.0005-Jan-2022 13:00:19 
Ca***********4$72,400.0005-Jan-2022 13:00:16 
Pe**********3$72,300.0005-Jan-2022 13:00:15 
Ca***********4$72,100.0005-Jan-2022 12:57:06 
Pe**********3$72,000.0005-Jan-2022 12:57:05 
Pe**********3$71,100.0005-Jan-2022 12:50:56 
Ca***********4$71,000.0005-Jan-2022 12:50:55 
Ca***********4$70,000.0028-Dec-2021 16:03:57 
Map Location

In order to bid on this property you must pre-authorize a deposit of $ on your credit card. NO hold will be placed on your credit card and your credit card will NOT be charged, UNLESS you are the high bidder and do not pay the required deposit within 24 hours of the advertised auction end. A $200 administrative fee will be added to any deposit that is charged to a credit card.