A breathtaking new oceanfront property will be going under the hammer with Sullivan & Sullivan Auctioneers, LLC on May 22nd at noon, due to foreclosure.
Located at 47 Old Wharf Rd., the 3,300 s/f custom home has panoramic views of Nantucket Sound. With 4 bedrooms (including a master suite), a media room, and open living space, this property boasts casual and sophisticated elegance, Cape Cod-style, at its best!
The auctioneer is offering broker participation at 2%, according to their guidelines. Additionally, there will be a broker open house on May 10th at 11:00 a.m. and 3 public open houses. Check our website for dates and times.
Marketing for the auction will consist of a virtual tour, newspaper ads, flyers, and social media listings.
"This is a unique opportunity to participate in the bidding process and buy a beautiful oceanfront property at auction," said Marianne Sullivan, president of Sullivan & Sullivan Auctioneers. "Anyone who's interested in purchasing real estate at a reduced value would do well to be there."
Sullivan explained that with foreclosures, there is always an opportunity to get a bargain and save some money. In this particular case, the lender is very motivated and is expecting to sell it under the hammer at the auction.
The closing will take place within 30 days of the auction, and the new owner can be situated within a month. Furniture as shown with this property is negotiable.
Call or visit the website for terms of sale, broker guidelines and registration deadline, and open house information. The video tour can be accessed through our website at www.Sullivan-Auctioneers.com.
Sullivan & Sullivan Auctioneers, is a full-service auctioneering firm that specializes in marketing and auctioning residential, commercial, and industrial real estate. Their auctioneers are licensed, bonded, and experienced in Mass., R.I., and N.H., with areas of expertise including: foreclosure auctions, commissioner's auctions, condominium lien auctions, court-appointed auctions, bankruptcy auctions, and owner's auctions. They service banks, mortgage companies, financial institutions, condominium associations, attorneys, city or town government, state agencies, corporations, investors, and individuals.