134 Poplar Street Toledo, Ohio 43605

FOR SALE BY COURT APPOINTED RECEIVER

VALUE-ADD INVESTMENT OPPORTUNITY

Online bidding only. Auction ends Thursday, November 2 @ 2PM

Court Appointed Receiver, Prodigy Properties, presents the opportunity to acquire 134 Poplar Street, a multi-family property located in Toledo, Ohio.  The property is located less than two miles from downtown Toledo, Mercy Health – St. Charles, Erie Regional Medical Center, and less than one mile to I-280, multiple shopping and dining options.  According to public record the property was built in 1969, features 2,498 SF with 2, 4 bedroom, 1.5 bathroom units.  Situated on 1 parcel and totaling 0.220 acres, the property also has off street parking. 

Property will be sold 100% AS-IS, free and clear of all liens, with property taxes prorated and paid off to the day of closing.  Seller 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.  A 10% Buyer’s Premium is added to the high successful bid to determine the final purchase price.

Do not trespass.  Property is available for showings – APPOINTMENT REQUIRED.  To view property / financial reports and additional information, prospective buyers / agents must:

– Complete and submit a Confidentiality Agreement – 134 Poplar St (“View Here“)

– Send the executed confidentiality agreement to [email protected] with date and time of showing request 

Only Pre-Approved bidders may bid.  To receive bidding privileges you must email the following items to [email protected]:

1. Your www.ForeclosureAuctions.com username and associated email
2. Executed Purchase and Sale Agreement – 134 Poplar St  (“View Here“)
3. Executed Confidentiality Agreement – 134 Poplar St (“View Here“)
4. Proof of immediately available funds of at least the opening bid amount of $23,000
5. Have otherwise met all other reasonable requirements of the Receiver 

Licensed Ohio real estate agents seeking a commission MUST meet the associated requirements by properly registering themselves as the agent through the link within each individual auction their client will be bidding on before their client places any bids whatsoever – NO EXCEPTIONS.  The rest will be up to the buyer, as they will have to successfully register themselves as an individual or company, and place their bid(s) on their own once they have been approved to bid.

***** The agent does not place bids on behalf of the buyer *****

Photos, marketing comments, and due diligence items 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 due diligence reports and any / all code violations prior to bidding, to the extent any exist. 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 is $23,000 with an unpublished reserve.
• 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.
• Seller reserves the right to accept or reject any bid or offer, at any time prior to or subsequent to auction end, for any reason, without notice.
• Information contained in any advertisement is not guaranteed or warranted.
• No contingencies will be accepted, except the Seller’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.
• Tenant’s personal property is not included in the sale.
• 10% Buyer’s Premium is added to the high successful bid to determine the final purchase price.
• 10% earnest money deposit, w/ a $5000 minimum, must be immediately wired to the Receiver’s title company and received by 2pm 11/3/23. 
• The terms of the sale are fully set forth in the Purchase and Sale Agreement and are not negotiable