Town Owned Property Vacant 0.82± Acre Lot

About the auction:

SALE TO BE HELD ON SITE. We have been retained by the Town of Belmont to sell at PUBLIC AUCTION this town-owned property. This property appeals to investors, builders, or abutters * Vacant 0.82± acre lot w/ 206± FF located just off Rt. 140 close to the center of town * Lot is relatively flat and is lightly wooded. Lot has access to public water and sewer. Tax Map 123, Lot 45. Assessed Value: $47,600. 2022 Taxes: $909.64. Deposit: $5,000. PREVIEW: Lot is marked and a drive-by is recommended. TERMS: $5,000.00 non-refundable deposit by cash, certified/bank check or other tender acceptable to the Town of Belmont at time of sale, balance of purchase price along with buyer’s premium due within 45 days from the sale date. Conveyance by Quitclaim Deed. Sale is subject to Town confirmation. The Town of Belmont reserves the right to reject any & all bids. The property will be sold “AS IS, WHERE IS” subject to all outstanding liens, if any. Other terms may be announced at time of sale. 10% BUYERS PREMIUM PAYABLE TO AUCTIONEER DUE AT CLOSING. All information herein is believed but not warranted to be correct. All interested parties are advised to do their own due diligence relative to the buildability/non-buildability of any lot & all matters they deem relevant.

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