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“The Real Estate Auction Opportunity of the Year”

— SEPTEMBER 27, 2008 at 2 PM —
Preview at 12 Noon

MULTI-PARCEL AUCTION
9—Outstanding Real Estate Parcels—9

DIRECTIONS: Auction Site is Parcel 4 in McLean at main 5-way intersection (Co. Rtes. 104, 105, 106, 180 & School Street) between Cortland & Ithaca.

Signs Posted • Sale Inside w/Chairs • Refreshments Available

REAL ESTATE SELLING:

Parcel 1 (1695 Danby Rd., Route 96B, Danby, NY, aka 19 Brown Lane, 3 mi, from Ithaca College) – 3-bedroom, 1.5-bath ranch on half-acre lot. Living room, eat-in kitchen, laundry, 1180± SF living space; new roof, vinyl siding; propane heat; refrigerator, washer/dryer, and stove included. Excellent condition.

Parcel 2 (1693 Danby Rd., Route 96B – next to Parcel 1) – 2-bedroom, 1-bath ranch home on 1± acre lot; 1-car detached garage; propane heat; refrigerator, washer/dryer, and stove included. Excellent condition.

Parcel 3 (1691 Danby Rd., Route 96B – next to Parcels 1 & 2) Half-acre, level commercial lot with 125± feet of road frontage; great for garage, car lot, shop, etc.

Parcel 4 (Auction Site) (Across from Post Office in center of McLean, NY) – 2-story, multi-use commercial/residential duplex; main floor contains 1940± SF of commercial space w/large showroom floor and great store front; 1940± SF second-floor residence. Great home business opportunity. Parking. Great location! Groton School District.

Parcel 5 (120 5th Street – Ithaca, NY) – 3-bedroom, 1-bath home on corner lot; hardwood floors, sun porch. A real charmer; very clean with excellent location.

Parcel 6 (3 Smith Road – Off Route 130, Newfield, NY) – 3 outstanding vacant lots, all on 5.2± acres. Nice views; 5± mi. from Buttermilk Falls.

Parcel 7 (609 Spencer Road – Ithaca, NY) – “The Star of the Auction” – 2-story duplex, 3 bedrooms upstairs, 2 bedrooms downstairs. Nearly new, currently rented until 2009 for $1600 per month; great tenants, excellent condition and location. Just minutes from Ithaca College, Cornell, and The Commons.

OPEN HOUSE AT EACH PARCEL: Wednesday, September 24, from 3-6 p.m., or any other time by appointment (607-753-0004). Bidder Packet available at Open Houses or via mail (order online).

REAL ESTATE TERMS: 15% down day of auction (cash, good check w/positive ID, bank letter of credit); balance at closing, 30-45 days; Warranty Deed. Possible owner financing on some parcels to responsible parties. 10% Standard Buyer’s Premium added to purchase price. All properties sell “As Is, Where Is.” One or more parcels sell at Absolute Auction!

INFORMATION AUCTION DAY TAKES PRECEDENCE OVER PRINTED MATERIALS!

Augustine Adams, Owner – 607-272-2647

© A. V. Zogg, Jr. & Associates 2007
4722 NYS Rt. 41
Cortland, NY 13045
(607) 836-6661 (Auction Barn) or (607) 753-0004 (Office)