122 Clay Street, Erlanger, KY 41018

Property Description

Selling to the highest bidder at, or above, $40,000. Property is offered with online bidding only, ending January 15, 2026. Opportunity property with classic character, this older home offers a traditional floor plan, solid footprint, and the chance to restore or reimagine to today's standards. Situated on an approximately ½-acre lot, the property may offer potential for future subdivision or redevelopment, subject to zoning, planning, and all governmental approvals. Buyer to perform all independent verification. Property is sold AS-IS, WHERE-IS, with all faults, and no warranties, representations, or contingencies of any kind. All inspections and due diligence must be completed prior to bidding. Buyer assumes full responsibility for property condition. This is a full renovation project and not move-in ready. Condition issues include, but are not limited to: significant deferred maintenance; roof and ceiling damage; obsolete fuse-type electrical service; older mechanical systems; stone foundation basement with dirt floor and moisture present. Kitchen and bathroom require complete replacement. Attic space is not finished living area. Proof of funds is required prior to bidding. Property is not suitable for FHA, VA, or conventional financing in its current condition. Cash buyers or renovation financing only. Auction terms require a 20 percent non-refundable deposit immediately following the auction, a 10 percent buyer's premium, and closing within 30 days of auction. Additional terms and conditions apply.