Absolute Auction: Cape Cod Income Property - 4-Family Home with Cottage in Falmouth, MA

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Fully Leased 4-Family Home with Cottage in Falmouth (Cape Cod), MA - Selling at Absolute Auction to the Highest Bidder, Regardless of Price

JJManning Auctioneers is proud to offer a prime income opportunity on Cape Cod located at 251 Woods Hole Road, Falmouth (Quissett), MA k/a "Gardner's House." This is a fully leased 4-family home with a cottage in a prime location between Falmouth Village and Woods Hole Harbor. The property is just 16+/- miles from the Bourne Bridge with easy access to Quissett Harbor, Buzzards Bay, WHOI & MLB, beaches, shopping, dining, golf, bikeway and ferries.
This property will be sold at Absolute Auction - to the highest bidder, regardless of price.
The Queen Anne Victorian portion of the main house was built as the Carey Estate gardner's home. Currently leased to year-round tenants, the property has previously offered some units seasonally and has also been used as a Bed & Breakfast.

Terms of the sale include a 10% certified deposit of which $20,000 in cash, certified or bank check is due at the auction and the remainder is due by 4pm on Monday, August 8, 2011. The balance is due in 45 days. There is a 10% Buyer's Premium. A 2% Broker Commission is being offered. Visit the JJM website for full terms, forms and broker pre-registration requirements. Other terms, if any, will be announced at the sale.

Open House: Saturday, July 30, 2011 from 11am-1pm
Absolute Auction: Friday, August 5, 2011 at 11am On-site

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Justin Manning

Justin Manning
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