Valuable Residential Real Estate For Sale @ Online Auction

Bidding Closes May 17, 2023 @ 1:00 PM

We are offering at online auction the real estate and improvements located at 272 Newman Ave, Harrisonburg VA 22801. This impressive Victorian style home sits on a 0.25 +/- acre lot with rear access off of E. Water St. It features 2,420 sq ft with 4 bedrooms, 1 1/2 baths, rear balcony, spacious attic, and 1,056 sq ft unfinished basement. There is a small detached garage at the rear of the property.

Step into a piece of history with this 1920's brick home, nestled in the heart of Old Town Harrisonburg. Boasting 2,420 square feet of living space, this remarkable property features a stunning corner turret, a slate roof, and an inviting wraparound porch that instantly transports you to a bygone era. The house is solid but will need upgrades and cosmetic restoration. 

This home is in a prime location within walking distance to downtown Harrisonburg's vibrant shops, restaurants, and cultural attractions.  In Old Town Harrisonburg you will find quiet tree lined streets and a sense of community. Embrace this rare opportunity to restore a piece of history in one of Harrisonburgs most sought-after neighborhoods.

This Is An Online Only Auction - All Bids Must Be Submitted Online. Click The "Bid Online Now" Button To See Property Details and To Bid.

The bidding for this property will close at 1:00 PM May 17 with a two minute auto extend.  This means that if a bid is placed within the last two minutes the bidding will be extended for an additional two minutes.

This property is being sold subject to seller confirmation with a starting bid of 50,000

Property Tours: 1:00 PM Saturday April 29 and 1:00 PM Wednesday May 10 or at other dates and times by appointment. Please Call Linford Berry at 540-476-3309 or HL Wenger at 540-246-3333 for more information or for an appointment to see the property.

Property Highlights:

• Built in 1920
• Zoned UR (Urban Residential)
• Four Bedroom, 1 1/2 Bath
• Wraparound Front Porch, Rear Balcony
• 10 Ft Ceilings
• 2,420 Square Ft Above Ground Living Area
• 1,056 Square Ft Unfinished Basement
• Spacious Attic
• Detached Garage With Entrance On E Water St.
• Slate Roof
• Limestone Foundation
• Gas Hot Water Furnace Replaced In 2016
• Municpal Water and Sewer

Additional Information Can Be Found At The 'Documents' Tab At The Top Of This Listing and By Clicking The “Bid Online Now” Button.

We Guarantee A Free And Clear Title To The Property

Terms and Conditions:

This property is being sold AS-IS with no financing/appraisal/inspection contingencies and with no warranties or guarantees of any kind.  Seller does guarantee clear title to the property. Bidders are encouraged to enlist the assistance of professional inspectors or contractors in evaluating the condition and value of the property. All inspections must be performed prior to the auction.

Payment Terms: (See our complete terms at the tab above). Payment will be in the form of Cash or Cash Equivalent with a $10,000 non-refundable deposit due the day of the auction (within 24 hours for online bidders at a distance) and the balance due at closing within 45 days. Deposit will be applied to the purchase price at closing. Please do not bid if you are not able to close within 45 days.

Buyers Premium: There will be a 10% Buyers Premium added to the high bid to determine total contract purchase price. (For example a 100,000 bid would have a buyers premium of $10,000 added for a total purchase price of $110,000).

Note For Real Estate Agents: Preapproved (No later than 5:00 PM on Tuesday May 16) buyers agent participation will be compensated. (See Documents Tab For Form)