2 Bed / 1 Bath Investment Opportunity | Cherokee, OK | Timed Online Auction

Timed Online Auction 

Investment Property Opportunity
2 Bed / 1 Bath Home in Cherokee, Oklahoma

Bidding Ends Thursday, October 2nd @ 6 pm

Selling to the Highest Bidder! 

Note: This is a great opportunity to buy an investment / rental property. If you do not have cash or the ability to get cash, please do us and our Sellers a favor, and do not bid. By accepting the terms and conditions of the auction, you will be bound by your bid and will be required to place $2,500.00 in escrow immediately following the auction’s close, which is non-refundable.

Address: 519 S Oklahoma Ave, Cherokee, OK 73728

Legal Description: The East One Hundred Feet (E.100′) of Lot Five (5) and the North Sixteen and two thirds’ Feet (N. 16 2/3′) of the East One Hundred Feet (E. 1OO’) of Lot Six (6), in Block Two (2), Titus Third Addition to Cherokee, Alfalfa County, Oklahoma.

SUBJECT TO existing rights-of-ways, easements, deed restrictions, and mineral leases and reservations or conveyances of record.

Square Footage: 858 Per Online Assessor Records.

Taxes: 2024 Taxes were $166.00 – 2025 Taxes prorated to the date of closing.

Property Overview:

Investment potential property, 2 Bed / 1 Bath home with attached carport, fenced yard, in-ground storm shelter. With some TLC this home could make a good little rental or starter home. Front Living area, 2 bedrooms with built in closets, galley style kitchen, full bathroom with tub, separate laundry area with access from the carport area. Small fenced back yard, vinyl siding, composite shingle roof.

Terms: 10% Buyers Premium added to the final bid to establish the contract price. $2,500 Non-Refundable Earnest Money Deposit Due at the Signing of the Purchase Contract. Bidding is legally binding and is not contingent on the Buyer securing financing. Property sells in its as-is, present condition, with any and all faults. Seller will provide clear and marketable title for the Buyer to review prior to closing. Buyer is responsible for their closing fee, title examination, deed preparation, and documentary stamps, and deed filing fee. Any announcements made by auction company take precedence.