602 N. Davis Street, Kinston, NC

This is a Foreclosure Auction of (2) large apartment buildings containing (17) individual units on the corner of E. Washington Street and N. Davis Street in Kinston, NC. Both buildings (all 17 units) will be sold together as a single property. Both of these 2-story buildings have receievd some damage and will need substantial repairs before being suitable for leasing. One building includes units 414-428 E. Washington Street, the other building includes 602-618 N. Davis Street. The entire parcel is approximately 0.68 acres and includes both buildings, open grass area at the rear of the buildings, and a large open parking lot that services both buildings.

THE MINIMUM OPENING BID IS ONLY $7,500.00 FOR EVERYTHING!!!

THIS IS A NORTH CAROLINA FORECLOSURE SALE AND IS SUBJECT TO ALL N.C. GENERAL FORECLOSURE STATUTES INCLUDING A (10) DAY UPSET BID PERIOD. THIS AUCTION WILL BE HELD LIVE AT THE LENOIR COUNTY COURTHOUSE ON THURSDAY, APRIL 29, 2021 AT 10:00AM. THERE IS NO MINIMUM OPENING BID FOR THIS AUCTION.

LENOIR COUNTY TAX DATA

ADDRESS - 414-428 E. Washington & 602-618 N. Davis

OBJECT ID - 10322

NCPIN - 452511555086

ACRES - 0.68+/-

BUILDING 1 - (8) Units totaling 6,720 SF

BUILDING 2 - (9) Units totaling 7,280 SF

TOTAL CURRENT TAX VALUE - $250,694.00

COUNTY TAX DATA SHEETS AND OTHER FILES MAY BE ATTACHED BELOW BY CLICKING THE RED "MAPS/BROCHURES" BUTTON. IF THERE ARE SEVERAL LARGE FILES FOR THIS PROPERTY THEY MAY NOT ALL AUTOMATICALLY OPEN, BUT MAY INSTEAD APPEAR AS A FOLDER IN THE LOWER LEFT CORNER OF YOUR SCREEN. SOME USERS MAY HAVE THE FIRST PDF FILE AUTOMATICALLY DISPLAY ALONG WITH A BOX PROMPT ASKING YOU TO "OPEN" OR "SAVE" THE ZIP FILE. TO ACCESS ALL OF THE FILES, CHOOSE TO "OPEN" OR "SAVE" OPTION. THE ZIP FOLDER WILL BE PLACED ON EITHER YOUR DESKTOP OR WITH YOUR DOWNLOADS. FIND THE "ZIP FILE" ICON, DOUBLE-CLICK IT TO OPEN THE FILE, THEN DOUBLE-CLICK TO ALL OF THE FILES LISTED SEPARATELY. IF YOU HAVE ANY PROBLEMS ACCESSING THESE FILES, PLEASE FEEL FREE TO CONTACT US TO HAVE THESE FILES SENT TO YOU DIRECTLY.

TERMS – This auction is a “FORECLOSURE” auction and is subject to all North Carolina General Foreclosure Statutes. The property is being sold subject to all matters of tax, title, and survey. A 5% deposit or $750.00 deposit, WHICHEVER IS GREATER, is required at time of sale. The sale is subject to all North Carolina Foreclosure General Statutes including a “(10) DAY UPSET BID PERIOD”, meaning that the last and final bid at the auction is recorded with the Clerk of Court for the county that the property is located in and held open. Anyone can contact the Clerk’s office and raise the bid during the raise period. All raises made after the close of the auction must be of at least 5% of previous recorded bid and must be made through the Clerk’s office. Each time the bid is raised, the (10) day “upset bid period” starts over. This process continues until there have been no raises. At that time, the file is sent to the Clerk for the confirmation process. Once confirmed, the high bidder will have (30) days to close on the property. There is “NO BUYER’S PREMIUM” or additional buyer fees charged by the auction company. The Buyer should inspect the property prior to bidding and do any and all research they deem necessary. Country Boys Auction & Realty, Inc., its Brokers, and employees are agents for the Seller and have no dual agency representation of responsibilities.