BEGIN:VCALENDAR VERSION:2.0 PRODID:-//Kennedy Real Estate and Auction LLC. - ECPv6.15.13//NONSGML v1.0//EN CALSCALE:GREGORIAN METHOD:PUBLISH X-WR-CALNAME:Kennedy Real Estate and Auction LLC. X-ORIGINAL-URL:https://kennedyauctions.com X-WR-CALDESC:Events for Kennedy Real Estate and Auction LLC. REFRESH-INTERVAL;VALUE=DURATION:PT1H X-Robots-Tag:noindex X-PUBLISHED-TTL:PT1H BEGIN:VTIMEZONE TZID:America/New_York BEGIN:DAYLIGHT TZOFFSETFROM:-0500 TZOFFSETTO:-0400 TZNAME:EDT DTSTART:20200308T070000 END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:-0400 TZOFFSETTO:-0500 TZNAME:EST DTSTART:20201101T060000 END:STANDARD BEGIN:DAYLIGHT TZOFFSETFROM:-0500 TZOFFSETTO:-0400 TZNAME:EDT DTSTART:20210314T070000 END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:-0400 TZOFFSETTO:-0500 TZNAME:EST DTSTART:20211107T060000 END:STANDARD BEGIN:DAYLIGHT TZOFFSETFROM:-0500 TZOFFSETTO:-0400 TZNAME:EDT DTSTART:20220313T070000 END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:-0400 TZOFFSETTO:-0500 TZNAME:EST DTSTART:20221106T060000 END:STANDARD END:VTIMEZONE BEGIN:VEVENT DTSTART;VALUE=DATE:20210828 DTEND;VALUE=DATE:20210829 DTSTAMP:20260407T031244 CREATED:20210811T201651Z LAST-MODIFIED:20210827T215022Z UID:8908-1630108800-1630195199@kennedyauctions.com SUMMARY:Absolute Auction -Income Producing Properties DESCRIPTION:ABSOLUTE AUCTION \nINCOME PRODUCING PROPERTIES!! \nSATURDAY\, AUGUST 28\, 2021 • 10:30 AM \n5885 Rutledge Pike\, Rutledge\, TN 37861 \n 31+/- Acres Offered in Tracts or as a Whole\, Home & Mobile Home Park\, with Room to Expand!\n \nFOR ONLINE BIDDING CLICK THE LINK BELOW \nhttps://hibid.com/catalog/302522/income-producing-properties-/ \n  \n  \nSALE #1 – 5 LOTS \nLot 1 is approx. 14.65 level acres producing $810.00 monthly. Improved with 4 mobile home sites\, 3 rented pads & 1- 16×80 owned. Beautiful expandable tract with room for future improvements. Approx. 180ft of Hwy frontage on Hwy 11W. Open House – Friday\, August 27 from 2:00 PM to 6:00 PM (EST) or by appointment.\n \nLot 2 is approx. 1.02 level acres producing $695.00 monthly. Improved with a Historic early 1900’s rustic log home with lots of potential. Residential or commercial\, with lots of covered porches\, well house\, approx. 284ft of Hwy frontage on Hwy 11W. Open House – Friday\, August 27 from 2:00 PM to 6:00 PM (EST) or by appointment.\n \n Lot 3 is approx. 5.02 level acres improved with barn & mobile home site. Open meadow\, excellent for future development. Fronts Hwy. 11W approx. 50ft and existing Elizabeth Lane approx. 645ft. \n Lot 4 is 5.01 Unimproved acres with excellent building sites & views for future development. Fronts Hwy 11W approx. 50ft and existing Elizabeth Ln approx. 587ft. \nLot 5 is approx. 5.667 acres across Hwy 11W. This Tract is unimproved with creek front\, it corners Hwy 11W and Bluff Rd\, fronting the waters of Richland Creek approx. 560ft\, Bluff Rd approx. 445ft & Hwy 11W approx. 641ft. \nUtility water runs along Rutledge Pike\, Hwy 11W. Beautiful views from this property\, level and easy drive to Rutledge\, Dandridge\, Morristown\, Jefferson City & Knoxville.\n \n  \nCLICK HERE FOR MAP!!! \n\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Utility Water\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Lot 3 5.02 +/- acres\n \n \n \n \n \n Lot 3 5.02 +/- acres\n \n \n \n \n \n Lot 3 5.02 +/- acres\n \n \n \n \n \n Lot 3 5.02 +/- acres\n \n \n \n \n \n Lot 2 1.02 +/- acres\n \n \n \n \n \n W/ Historic 1900’s log cabin\n \n \n \n \n \n Historic 1900’s log cabin\n \n \n \n \n \n Historic 1900’s log cabin\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n\nALL PROPERTIES TO BE SOLD FROM THE 5885 RUTLEDGE PIKE LOCATION \n  \nTERMS FOR ALL PROPERTIES – A 10% non-refundable deposit of the contract price will be required day of sale. Each purchaser will also be required to sign a promissory note for the full purchase price which will become null and void upon closing of the sale. These properties are being sold as is without contingencies financial or other\, so please make any needed arrangements. Closings will take place on or before 30 days from sale day. This is a 10% Buyers Premium auction. Information deemed reliable but not guaranteed. Announcements made day of sale supersede any and all printed or verbal statements made by the Owners or the Auction Co. \nNOTICE: Under U.S. c4582 (d) the purchaser of a single-family residence has a maximum of ten (10) days to conduct a risk assessment or inspection of the property for the presence of lead-based paint hazards. August 18\, 2021 begins this ten (10) day period. \nDIRECTIONS TO 5885 RUTLEDGE PIKE (Sale Site) – From Rutledge City Hall\, take US 11W South approx. 5.3 miles to sale site. From the Rutledge Pike exit off I-40\, take Rutledge Pike exit toward Rutledge Hwy (11W)\, travel North approx. 24 miles to sale site. \n  \nSALE 2 – Property in Knoxville \n171 Hillview Avenue\, Knoxville\, TN 37914- Shown by appointment only – Produces $600.00 monthly. Water\, sewer & gas available. All within the Knoxville City limits\, just off Rutledge Pike. 2 Minutes from the I-40 / Rutledge Pike exchange. Great rental history! To be sold from 5885 Rutledge Pike\, Rutledge\, TN 37861.\n \n  \nCLICK HERE FOR TAX MAP!!! \n\n \n \n \n \n \n \n 171 Hillview Ave\n \n \n \n \n \n 171 Hillview Ave\n \n \n \n\nDIRECTIONS TO SALE 2- Just off Rutledge Pk exchange\, take Hwy 11W appx. 3/10 of a mile toward Rutledge\, then 3/10 of a mile to left onto Ault Rd\, follow 300ft\, slight left to property straight ahead URL:https://kennedyauctions.com/event/absolute-auction-income-producing-properties/ LOCATION:Rutledge Pike Property\, 5885 Rutledge Pike\, Rutledge\, TN\, 37861\, United States CATEGORIES:Auctions,Commercial Property auction,Multiple Property Auction,Property Auction,Residential Property ATTACH;FMTTYPE=image/jpeg:https://kennedyauctions.com/wp-content/uploads/2021/08/20210225_1235531-scaled.jpg END:VEVENT END:VCALENDAR