Real Estate Auction 205 W Miller, Atlanta, TX 75551

  • , , , ,
  • Tue, Apr 16, 2024
  • 2:00 PM
  • Online only

Description :

205 W Miller, Atlanta, TX 75551

Investment Opportunity!

Welcome to your next lucrative investment opportunity! Positioned in the heart of Atlanta, TX, just a stone's throw away from downtown, this property is boasting with potential. Previously serving as a duplex, it has versatile living arrangements perfect for maximizing returns.

🔑 Key Features:

  • Prime Location: Less than a mile from downtown Atlanta, ensuring convenience and accessibility.
  • Dual Living Spaces: Enjoy the flexibility of two distinct living areas, ideal for accommodating multiple tenants or expanding living options.
  • Spacious Kitchen & Kitchenette: A full-size kitchen coupled with a separate kitchenette offers convenience and functionality, catering to various living arrangements.
  • Ample Bedrooms & Baths: With two bedrooms and two baths, there's room for comfortable living or potential rental income.
  • Flexible Layout: Explore the potential of converting one of the living areas into an additional bedroom to further enhance the property's value.
  • Recent Upgrades: Benefit from the added value of newly installed central heating/air conditioning and a brand-new roof, completed in June 2023, ensuring comfort and peace of mind for occupants.

📅 Auction Details:

  • Bidding Open Now Through April 16 at 2 PM: Don't miss your chance to secure this fantastic investment opportunity!
  • Preview Days: Mark your calendars for April 2nd (4-6 PM) and April 9th (12-2 PM) to explore the property firsthand.

Whether you're a seasoned investor seeking to expand your portfolio or a savvy homebuyer looking for a property with promising returns, 205 W Miller presents an unmissable opportunity. Act now to seize this gem before it's gone!

Terms/Conditions :

1. This property is being sold with a reserve. 
2. There is a 11% buyer's premium. 11% or $2500, whichever is greater, will be added to your high bid to arrive at the contract price. KEEP THIS IN MIND WHILE YOU'RE BIDDING. Example: High bid $100,000.00 X 11% = $11,000.00. $100,000.00 + $11,000.00 = $111,000.00 is the contract price.
3. The property is subject to prior sale. (The property can be purchased prior to the end of the auction.)
4. There will be a 5% deposit due within 24 hours after the close of the auction from the successful bidder. Immediately following the bidding, the successful bidder will execute a contract for the purchase of the property and deposit 5% of the contract price with the escrow agent. Personal checks are accepted. The contract is NOT assignable, NOT contingent upon financing, NOT contingent upon inspections. 
5. The balance of the purchase price is due at closing within 30 days. Each purchaser is responsible for obtaining his/her own financing if necessary. You must be pre-approved for financing. If you are unsure of your ability to obtain the necessary financing, do not bid as you could lose your earnest deposit if you don't close. 
6. A seller's disclosure of condition of the property has been provided in the materials here today. The property is being sold "as is" and "where is" with all faults, if any. No warranty as to condition or suitability for any purpose is expressed or implied. Buyers shall rely entirely on their own information, judgment and inspection of the property and records prior to the auction. None of the personal property will be conveyed with the sale. Bidding signifies agreement to all disclosures. 
7. The contract to purchase this property is subject to the seller being able to provide an insurable title. Purchaser will pay all closing costs associated with this transaction with the exception of the seller providing owners title insurance and pro-rated taxes. All other expenses will be paid by Buyer. 
8. All adjustments of taxes or other pro-ratable items on this property shall be prorated as of the date of closing. 
9. Bidding signifies you have read and are in agreement with terms and conditions of the auction. If you do not agree, do not bid!! 
10. If you wish to be a back up bidder, please contact us after the auction and we will put you on the list in the event the high bidder does not close. We will contact you and invite you to purchase the property. There is no obligation to purchase and no signature is required. This is a matter of reference only. 
11.The auctioneer controls the bidding, corrects any mistakes made, and determines how to handle tie bids. 
12.Neither Auctioneer nor Seller shall be liable for any personal injury on the sale premises. Buyer assumes all risk and liability whatsoever resulting from the use of the item(s) sold hereunder, and shall defend, indemnify, and save harmless Seller and Auctioneer from any liability. 
13. Online Auction Technology (Disclaimer): Under no circumstances shall Bidder have any kind of claim against United Country | H5 Auction & Realty, Broker of record, or anyone else, if the Internet service fails to work correctly before or during the auction. Online bidding is subject to technology faults and issues which are outside the control of the auction company. Bidder(s) are encouraged to use the “Maximum Bid” feature on the bidding platform and lock in their maximum bid amount, if they are concerned about technology failure during the auction. The SELLER and/or Auction Company reserves the right to (pause) the online auction bidding in the event of any internal or external technology failure, to preserve the integrity of the auction event and maintain a fair and impartial bidding environment.
14. Any unresolved complaint with H5 Auction & Realty should be directed to : Texas Department of Licensing and Regulations; P. O. Box 12157; Austin, TX 78711; 512-4636511,

Attachment :

Lots / Categories :

Real Estate Properties

Real Estate Auction Atlanta TX

205 W Miller, Atlanta, TX  75551 Investment Opportunity! Welcome to your next lucrative investment opportunity! Positi...

0.36 Acres 1,740 Sq-ft
2 2
205 W Miller, Atlanta, TX

Personal Property

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