Sells @ or Above $500,000! 18 Travis Ave & Lancaster Ave, Montrose Ending 12/16 @ 1:01PM

Sells @ or Above $500,000!
Three-family house, 2 Separate Parcels Selling 'As One'
18 Travis Ave. & Lancaster Ave., Montrose, Westchester County, NY 10548
 Click here for: Internet Bidding Packet
Property Information Packet

Total assessed value for both parcels $751,357
now sells at or above $500,000!
Owners living out of state and want it sold!

Property Description: Great Investment Opportunity! Two separate parcels selling "as one". Close to Cortlandt Station on the Metro North Hudson line to NYC via Grand Central and easy access to Route 9. Close to Hudson River marinas.

18 Travis Ave., Montrose. ID# 54.08-3-15: Certified three-family residence sited on 125' x 192.74' lot. Welcoming large front screened porch with slate floor entrance. 4 bedrooms and 2 full baths on main floor with living room, dining room, eat in kitchen, foyer. Attractive living room with knotty pine tongue and groove paneling and brick fireplace and bow windows. Main house approximately 3,050 sqft (1st floor @ 1,750sqft & 2nd floor 1,300 sqft). Finished 750' sqft basement includes living room, kitchen area, two bedrooms and bathroom. Private entrance, separate electric meter. Fuel and water paid by owner, separate meters.

Upstairs apartments have separate entrances. First apartment includes bedroom, full bath, living room and galley kitchen. Second apartment is larger and includes bedroom, large living room, full bath and eat in kitchen. Screened porch overlooking grassy lot off Lancaster Ave. Both units have inside/outside access with separate electrical meters. Apartment 1 rent $1,200 per month, VA approved. Apartment 2 rent $700 per month.

Mechanics include oil heat. Large tank in basement for main house-all units, small tank at garage to heat garage and greenhouse. 5 heat zones; 2 for the main floor, 1 each for 2nd floor apartments and 1 for the basement. Each zone has its own thermostat. 5 electric meters; main floor, 2nd floor (east), 2nd floor (west), basement and garage. Septic system. Updates include new roof on house 2011, a new indirect stainless steel hot water heater about 2 years old, new 330 gallon oil tank for garage heating system installed this past summer, various appliances replaced in last 5 years, siding to house in 2005.

1-1/2 story 1,100 sqft single door, double space, detached garage with separate oil heating system, electric meter and year round greenhouse attached.

Lancaster Ave., Montrose. ID#54.8-3-27:  Residential vacant land 50' x 216'. Empty lot is utilized as a back yard

Total combined taxes: $15,250 (agents please verify)
Hendrick Hudson School District

Opportunity like this rarely comes to market. Act now! 10% Buyer’s Premium.
PRE-VIEW: Sunday, December 13 @ 1PM. Contact Listing Agent,
Philip Gableman 845-377-5063

Online Auction Ending
Wednesday, December 16 @ 1:01PM
Bidding Opens Monday, December 14 @ 10AM
(Bidders must be fully registered & approved by office)

Property to be sold with Insurable Title – Free of Adverse Liens or Encumbrances at closing.
Ready, Get Set, BID! To prepare for the online only auction view photos online, review Property Information (see link above), line up financing and view parcel.

ANNOTATED TERMS OF AUCTION: We have been contracted to sell this property at Public Auction. Get a Username & Password at AARbids.com, register for the Online-only Auction and bring/mail our ‘Internet Bidding Packet’ containing the ‘Terms and Conditions’ and a $15,000 Guaranteed Funds/Bank check payable to: Absolute Auctions & Realty, Inc. Mail to: AAR, POB 1739, Pleasant Valley, NY 12569 – no exceptions, and you can participate. Complete your due diligence prior to bidding. If successful, an electronic “Contract for Purchase and Sale NY Real Estate” will be sent to you, sign contract, return and close transaction on or before February 15, 2016. Time is of the essence. Deposit will be refunded to unsuccessful bidders. Title & Liens: Property is sold with insurable title, free and clear of adverse liens or encumbrances at closing. Broker Participation: Call for details.

AUCTIONEER'S NOTE:

The silent auction website has a “dynamic ending” feature; if someone “sniper bids” on a lot at the scheduled end of the auction, the system will extend the clock  two minutes to give everyone time to bid again. Get in on the fun! Auctions are the best way to buy good quality items “cheaper than new.”

It ain’t over til it’s over – Auctions are the only game in which
you have to come in last to win! Remember to frequently refresh your screen to see if you have been outbid!!