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Mortgagees Sale of Real Estate @ Public Auction
Inspection at 9am for QB. Sale will be held at 2 Washington Street, Peabody. 2 Washington St: 16,117+/-sf of land improved by a 5,800+/-sf 3-story main bldg. w/ attached 2-story 3,180+/-sf carriage house believed to have 4 apt units. Main Bldg is mixed use space, believed to have offices, conf rooms, open spaces and commercial kitchen. Carriage house has one 950+/-sf 5 room, 3 bedrm & 1 bath & one 950+/-sf 2 bedrm & 1 bath apt on 1st floor. 2nd floor believed to have two 640+/-sf 4 room, 2 bedrm & 1 bath apts. 111 Main St and 111Main Street Rear: 13,094 +/-sf of land, improved by two residential structures. 111 Main St: 3-story 2,688+/-sf 3 unit apt bldg. believed to have 2 bedrm & 1 bath apts. 111R Main St: 3-story 7,752+/-sf 16-unit apt bldg. believed to have fourteen 400+/-sf studio apts & two 800+/-sf 2 bedrm & 1 bath apts.
Terms of Sale: A deposit of $25,000 by certified or bank check required at the time & place of sale with a second deposit equal to 5% of bid price within 7 days from the date of the sale & balance within 30 days. All other terms announced at sale. John C. Ottenberg, Esq, Ottenberg & Dunkless LLP, Boston, MA, Attorney for Mortgagee