1117 Prospect Ave. Toledo, Ohio 43606


$22,000



Nick Pinotti



  • House

  • 3 Bedrooms

  • 1 Bathroom

  • 1,584 sqft

  • Lot 38

  • Built 1912

  • INVESTMENT AUCTION!

    Online Auction – $20,000 minimum bid!

    Bidding Concludes: Thursday, October 6, 2022, @ 3:00 pm

    Inspection Date:  

    1. Tuesday, October 4, 2022, between 4:00-5:00 pm

    Property Detail:  This immaculate Single family investment property is located in Ottawa Park. The 2 story home features 3 bedrooms, 1 bath, garage, front porch, and a full basement with laundry. Many recent updates include kitchen cabinets, refinished hardwood floors, and fresh paint. Currently, this investment is producing $860 per month with long term tenants. This auction with a low minimum bid of only $20,000 is your opportunity to start or add to your portfolio. Submit your bid today!

    *Parcel ID: 0458771 *Lot Size:38×120 *Sq. Ft: 1,584 *2021 ½ Year Tax $227.53

    Directions: N. Detroit Ave. to W. Woodruff Ave. to the right on Forest Ave. to right on Prospect Ave.

    Online Bidding Registration: You need to register to place a bid. Bidders are required to sign a bidder’s registration form plus one of the following for bidding approval: proof of funds, bank letter of guarantee, or agent/auctioneer approval.  The credit card authorization option is run by a third-party vendor and will not qualify you for bidding on this auction. For questions concerning registration, please contact Nick Pinotti at (419) 779-4000 or nick@offernow.bid.

    Bidding increments:  Bid increments of $1,000 per increased bid.

    Terms: Online Bidding concludes Thursday, October 6, 2022, @ 3 pm.  Detailed Terms and Conditions are available at OfferNow.bid.  The winning bidder must execute the purchase agreement package immediately following the conclusion of bidding.  The winning bidder will be notified via email of the successful bid.  A $3,000 non-refundable earnest money deposit must be wired or delivered in the form of a certified check to Midland title and Escrow, LTD. immediately following notification of successful bid.  Balance due at closing by October 31, 2022. At the seller’s expense, a guaranteed certificate of title will be provided.   A 10% or $3,500 (whichever is greater) buyer’s premium will be added to the final bid to establish the final purchase price.  Inspections must be completed before bidding.  No contingencies.  Sold As-Is, Where-Is.  Buyers shall rely entirely on their judgment and assumptions and confirm any information on which a bid is based.  LaPlante Real Estate provides brokerage services.

    Auto bid option:  You may place a bid as high as you are willing to bid, but the system will raise it only as high as needed. For instance, if the current bid is $100K and you place $150K, the system will raise the bid only to $101K and select you as a high bidder. If someone places a higher bid, say $120K, the system will automatically place a bid of $121K on your behalf and select you as a high bidder. However, if someone places a $151K or greater bid, this person will be chosen as a high bidder.

    Bidding auto-extend:  Our system prevents last-second sneaking by automatically extending the bidding time. If someone places a bid within the last 5 minutes before the end of the bidding, the system will automatically extend the time by 15 minutes to let other bidders make weighed-out decisions.

    Contact:  Nick Pinotti: Auctioneer/Realtor (419) 779-4000 or nick@offernow.bid.

    LaPlante Real Estate

    928 Berdan Ave.

    Toledo, Ohio 43612

    Information deemed reliable but not guaranteed and subject to change without notice.