ONLINE REAL ESTATE AUCTION - 741 and 743 Moore Street, Beloit, WI 53511. PREVIEWS (OPEN HOUSES): Sunday, March 5, 2023, from 1:00 PM - 2:00 PM and Saturday, March 11, 2023, from 1:00 PM - 2:00 PM. AUCTION END DATE: Tuesday, March 14, 2023 (the auction starts to close at 7:07 PM). PROPERTY HIGHLIGHTS: *Duplex (it's a legal non-conforming multi-family). *Side with tenants is a 3 bedroom/1 bath with an unfinished basement (currently in a month to month lease paying $1,150 a month). *Side that had the fire was a 2 bedroom/1 bath with a crawl space and small basement space for mechanicals (previous lease was for $825 a month). *Lot size - 0.164 acres *Forced air heating (natural gas) *City sewer and water *Zoning - Per the City of Beloit, "this property is located in an R-1B, Single-Family Residential (Zoning) District. The R-1B District is primarily intended to accommodate single-family detached dwellings. Previous use of this property as a two-family dwelling (duplex) constituted a legal nonconforming use of the property. According to Section 9.2 of the City of Beloit Zoning Ordinance, which adopts and incorporates Section 62.23(7)(h) of Wisconsin Statutes, once a nonconforming use is discontinued for a period of 12 months, any future use of the building and premises must conform to the Zoning Ordinance. This property must have tenants in both units by 10/28/2023 to continue the use of the property as a duplex." The buyer could also choose to do something different with the side of the property that experienced the fire damage as well. *Year built - 1911 *Total square footage - 2,142 square feet *2021 taxes - $1,915.38 *Parcel number in Rock County, Wisconsin - 13420801 *Title is guaranteed free and clear at closing (with taxes and utilities paid up to the closing date) *$9,000 minimum opening bid (this is also the reserve price).
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