9 E Southern Ave, Covington, KY 41015

AUCTION on 1/18/24 at 10 AM. Selling to the highest bidder at/over $65,500. This is a great opportunity to name your price on a multi use zoned building at Ritte's Corner in Latonia, Ky The brick and frame 2 story building with 3 car detached garage was used in the past as retail space and residential housing. The Real Estate is Zoned Traditional Urban Mixed Use (TUMU) see bidders packet for more zoning details.The property is being sold by James Babb by his legal guardian, The Ky Cabinet for Health and Family Services. The sale must be submitted to and approved by a Kenton County judge before a closing can occur. Court approval can take 2-5 months. All aspects of the real estate and condition of the structures are being sold in ''as is'' condition. Any and all buyer inspections must occur before bidding. There will be no purchase agreement contingencies for financing or inspections. $10,000 deposit and signed purchase agreement due within 24 hours after the auction ends. The buyer pays a 10% buyer premium which will be added to the high bid to determine the contract sale price.