2 Cape Cod, MA Estate Auctions: Single Family Home and Income Property

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4 Bedroom, 3.5 Bath Single Family Home on 1.5 acres in Centerville and a Mixed-Use Income Property in Hyannis.

JJManning Auctioneers is holding two Cape Cod, MA estate auctions - the first a 3,661 sf., 4 bedroom, 3.5 bath home on 1.5 acres located at 148 Park Ave., Centerville, MA and the second an income property located at 120 West Main St., Hyannis, MA; re: The Anthony W. DeDecko Trust.

Centerville: This well-built classic is a diamond in the rough awaiting updates to return it to a true Cape Cod showplace. The mature landscape offers privacy in a park-like setting with a fenced patio area surrounding the in-ground pool. Sliding doors offer access to the oversized back deck and covered porch below that run the length of the pool enclosure, creating a versatile outdoor entertainment area. The spacious garage, which may be accessed by paved drives leading to both levels, provides opportunities for a workshop or additional storage for boats, sport vehicles, an antique auto, lawn equipment, and more.

Hyannis: This is a mixed use income property in a high visibility location near the Cape Cod Melody Tent and West End Rotary. It is located less than a mile of downtown Hyannis shops, restaurants, and attractions. There is one commercial unit with exterior entry in the basement, one commercial unit on the first floor, and two 1 bedroom, 1 bath apartments on the second floor. There is also a separate 2,400 sf. garage. There is tremendous potential for owner occupation. The commercial and residential areas could easily be reconfigured to maximize rental potential or existing space can be customized to the needs of the owner and tenants.    

The terms of sale include a 10% deposit of which $20,000 per property must be presented in cash, certified or bank check at the auction. The remainder of the 10% deposit is due in wire transfer, cash, certified or bank check by 5pm on Wednesday, March 3, 2010. The balance is due in 45 days. There is a 10% buyer's premium. All other terms, if any, will be announced at the auction.

A 2% Buyer's Broker Commission is available; details & mandatory 48-hour pre-registration requirements can be viewed at http://www.JJManning.com.

Estate Auctions: Sat., February 27, 2010 On-site - Centerville: 11am, Hyannis: 2pm
Open Houses: Centerville: Sun., Feb. 21 from 11am-1pm & Hyannis: Fri., Feb. 19 from 2pm-4pm

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JUSTIN MANNING
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