Auction to be held OFF SITE at THE ATLANTIC BEACH CLUB, 55 Purgatory Road, Middletown, RI - 11:00am (Bidder Registration starts at 10am)
Property Inspections: Sunday, March 16th - 12:00pm to 1:00pm / Friday, March 28th - 5:00pm to 6:00pm - and by appointment!!!
A beautifully restored 1825 Federalist home filled with architectural details, on Newports prestiges "Historic Hill" and within steps of Newports Harbor. 5 bedrooms, a office/bedroom on the main floor, 4 full restored baths, 1 1/2 bath, gleaming hardwoods, 7 fireplaces, a formal dining room an intimate living room with a charming outside porch adjoining it. The floor boards are original restored pine. The bathrooms are a mix of tumble marble/wainscoting/slate. The kitchen has been restored with wainscoting and has one of the original fireplaces.
There is parking for 2 cars. The oil fired boiler and indirect water heater are only several years old.
The crowning amenity is a small 4th floor tower that overlooks the majestic Newport waterfront graced with historic buildings and the bridge.
A MUST SEE! Great Single Family or As an Owner Bed & Breakfast - Income History.
Auction to be held OFF SITE at THE ATLANTIC BEACH CLUB, 55 Purgatory Road, Middletown, RI - 11:00am (Bidder Registration starts at 10am)
Open Inspection Date TBD & By Appointment Only
Terms & Disclaimers: 5% non-refundable deposit of the final contract sales price is due the day of the auction in the form of cash, cashiers check, or a personal check with proper identification with the balance due at closing. The closing will take place within 30-days of the auction. The property is being sold As Is - Where Is - With All Faults. Financing is not a contingency of the sale and The Counts Reality & Action Group encourages all bidders to pre-qualify with their financial lender prior to bidding on any property. Title will convey via General Warranty Deed. The auctioneer is an agent for the Seller. The property is being sold WITH RESERVE. The Auctioneer reserves the right to bid on behalf of the Seller until the reserve price is achieved. A broker participation fee of up to 3% (see Broker Participation Form for details) of the high bid will be paid to a licensed real estate agent who pre-registers their buyer with The Counts Realty & Auction Group at least 24-hours prior to the auction, attends the auction with the buyer, and accompanies the winning bidder through the contract signing and closing process. Under Title X, United States Code, the purchasers will need to sign a Lead Based Paint Inspection Waiver Form which applies to houses built prior to 1978. If you are not comfortable signing a Lead Based Paint Inspection Waiver form, please do not bid. The lead-based paint inspection period ends at 6:00 p.m. on Friday, March 28th, 2008. Announcements made the day of sale take precedence over any printed material or other oral statements made. All information contained herein is believed to be correct, but is not guaranteed. All purchasers must independently investigate and confirm any information or assumption on which any bid is based. Sale is subject to cancellation, postponement, or pre-sale. For more information, contact The Counts Realty & Auction Group at 800-780-2991 or via e-mail at newport@countsauction.com.
The Counts Realty & Auction Group - William C. Bryant, III - RI LIC: #0283