Prime Investment Real Estate & Personal Property Auction!

“Offering Only the Best”

Sunday July 11, 2010 at 12 NOON
Preview Begins at 11 a.m.

Auction On-Site: 35 West Main St.; Dryden, NY 13053 (Tompkins County) (Village of Dryden)

For the Vera Slater Estate * 1st TIME ON THE MARKET AT AUCTION! Property has been in the family since 1948 & never before offered for sale until NOW!

Auction in Tent * Signs Posted * Chairs Available

Directions: From the center of Dryden, NY: take West Main St. (Rt. 13 South) (.1) miles to auction on left.

Sale Order: Real Estate & Personal Property.

Real Estate Open House: Tuesday, July 6th from 4:30 – 6:00 PM & 1 hour prior to auction. Walk the large lot at your convenience.

REAL ESTATE: A beautiful, 2-story old style, commercially zoned 2-family (potential 3-family) updated home w/ 7 total bedrooms, 2 kitchens & 3 baths! (1) 2 Bedroom apartment & (1) 5 Bedroom apartment. Located on a 66’ X 128’ lot! A very rare opportunity to buy a potential 3-family w/ plentiful parking space! All appliances are included in the sale of the real estate including: stove & refrigerators.

FEATURES: asphalt driveway, newer boiler, 2 car detached garage w/ new roof, 1 car attached garage, 2988 rentable SQFLA, newer roof, aluminum siding & 2 stairways. Zoned commercial & Zoning could allow the garage to be converted to rentable living space! LOCATED MIDWAY BETWEEN ITHACA & CORTLAND, NY IN A VERY RENTABLE AREA w/ TCAT bus stop within walking distance! Order a property information packet (PIP).

Unit 1: 2 BR’s known as 35 West Main St; Dryden, NY w/ front & rear entrance. Kitchen: raised pine cabinetry, refrigerator, linoleum floor, single enamel sink w/ side pantry w/ original antique cupboards. Dining Room: carpeted w/ ceiling fan. Living Room: carpeted & spacious. BR 1: carpeted & spacious. BR 2: carpeted & spacious. Bathroom: toilet, sink, shower & proper ventilation. Unit 1 has its own thermostat, access to the basement, laundry room, side storage room & access to the attached garage.

Unit 2: 5 BR’s known as 35 ½ West Main St; Dryden, NY w/ front & rear entrance. Kitchen: Raised cabinetry, stove, refrigerator, washer hookup, w/ access to the back storage area & utility closet. Dining Room: Wedgewood paneling, nice high ceilings, spacious & carpeted. Family Room: Wedgewood paneling, nice high ceilings, spacious & carpeted. Downstairs Bathroom: Linoleum Floor, toilet, sink, shower w/ bathtub & proper ventilation. Upstairs: carpeted stairway. BR 1: Linoleum Floor, lighted w/ walk-in closet. BR 2: Wedgewood paneling, lighted, linoleum Floor w/ walk in closet. BR 3: Linoleum Floor, lighted w/ closet. BR 4: carpeted, wedgewood paneling, access to shared walk in closet & access to shared south facing enclosed sun porch. BR 5: carpeted, wedgewood paneling, access to shared walk in closet & access to shared south facing enclosed sun porch. Upstairs Bathroom: wedgewood paneling, toilet, sink, shower & proper vitalization. Basement: partial w/ newer York furnace installed Sept. 8th 2005, walk out door, solid stone wall foundation, 40 gallon hot water heater, concrete floor & insulated. Sells w/ wrap around paved tarvia driveway, concrete sidewalk out front, public water, public sewer, gas & electric utilities, forced hot air heat, gutter system, outdoor brick cooking grill, 150 SQ FT front covered porch, rear covered porch w/ clothes line, The home has been very well updated, maintained & cared for.

Detached Garage (Potential Unit 3): Zoning will allow the detached garage to be converted to rentable living space. We have done the research and leg work to properly disclose the potential of this property. Subject to a construction permit, the garage can legally be converted to make the property a legal 3 Family. With any questions on this matter, please call Dryden zoning department representative Henry Slater at 844-8888 ext. 2 or 844-9715 (home). Henry will be glad to discuss this potential with anyone.

The detached garage is 2-story 24’ X 40’ and built in 1956. New roof on the low pitch section in 2008, completely aluminum sided, concrete & asphalt floor, w/ staircase leading to the second story. Heated w/ gas furnace & (1) 10’ X 10’ extra large overhead door w/ opener & (1) 8’ wide X 7’ height w/ opener.

Attached garage: 392 SQFT w/ concrete floor & above storage.

Tax map #: (15.-2-5), Home Built in 1860 w/ 2,988 rentable SQFLA (1,764 SQ FT 1st story & 1,224 SQ FT 2nd story), Garage Built in 1956, tax assessed @ $131,000 property class= 220 - 2 family res., Dryden school district, neighborhood code- 24030, village of Dryden. 2009 Taxes: Town & County= $802.11 w/ no exemptions; School: $1,327.64 w/ no exemptions; Village: $620. TOTAL TAXES: $2,749.75 w/ no exemptions. Exemptions may apply to the new owner.

Zogg Brothers Note: 1st TIME ON THE MARKET AT AUCTION! The home has been in the family for 62 years and has never before been offered for sale until now! If you are seeking a quality income property that can be easily rented to people with money due to location, look no further! Or you may live in one side and have the rental pay the mortgage! Or you may convert the detached garage to living space and have 2 rentals pay the mortgage! This home can be divided &/OR renovated in many ways. See for yourselves. There is a difference in quality! Opportunities are MADE not found; don’t make the mistake of not making this YOUR opportunity. Come and bid your price the AUCTION WAY!

Standard Real Estate Terms: 10% Buyer’s Premium added to final bid to equal the Total Purchase Price. 10% down on day of auction, with the remainder due at closing within 7 – 60 +/- days. Executor’s Deed. Property sells “As Is, Where Is”. All tests required must be done prior to auction day. All statements at auction take precedence over printed material. Real estate to be sold free & clear with NO liens, NO back mortgages & NO back taxes owed!

2 % BROKER PARTICIPATION INVITED! Buyer/ Broker’s must register before scheduled open house and have the required form submitted w/ broker, auctioneer & client signatures. Auctioneer agency represents only the sellers.

Personal Property to be auctioned absolutely, regardless of price, immediately following the sale of the Real Estate to include:

MISC. PERSONAL PROPERTY: Old antique tables, antique enamel top table, (3 piece BR set w/ end stand, vanity & double bed), (3 piece BR set w/ chest dresser, vanity & double bed), Newer Maytag washing machine, newer Kitchen-aid dryer, upright cabinets, end tables, misc. prints, microwave w/ stand, kitchen table, couch, TV, Oreck Vacuum, Sentry 1150 safe w/ keys, Household goods and much, much more...

Standard Personal Property Terms: Cash, check, Visa & MasterCard accepted. 13% buyer’s premium w/ 3% fee waived for cash or good check. All items sold “As Is, Where Is”, absolutely, regardless of price! Driver’s license required for bid number. All statements at auction take precedence over printed material. Subject to errors and omissions.

PLEASE NOTE: IMPORTANT AUCTIONS WANTED! We are actively seeking important real estate & personal property auctions across upstate NY & North East PA. If an important auction is in your future, give us a call & your auction will be done right the FIRST TIME!

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