Join/Login

256 Strader Avenue, Cincinnati, OH 45226

  • Current Bid:
    $

  • Buyer's Premium:
    $

  • Total Purchase Price:
    $

     *
     Seller reserves the right to accept, reject, or counter any offer

Bid History

Description

Prime redevelopment opportunity in the red-hot East End Garden District - steps from Homearama 2020, Eli's BBQ, Fulton Yards Coffee, HiMark, Ohio River Bike Trail. Area bustling with existing new businesses, home rehabs, vacation rentals, and new-builds - directly across street - starting in the 700's. 9'+ ceilings, newer custom 2nd FL bath, and HVAC. Potential for garage in rear, and parking off alley. Longterm generational owners have loved this home/area - now it is your turn to capitalize on the potential here!

Listing Features

  • 2 Bedrooms
  • 1 Bathrooms
  • Single-Family Home
  • 1424 Square Feet
  • Year Built 1910
  • Heating Yes
  • Cooling No
  • Parking 2
  • HOA - $0
  • SF-2 Single-family Residential (2,000 sf lots) Zoning

Disclaimer

USAHomeBids was created as a great solution to help Buyers and Sellers successfully navigate a real estate transaction with the ability to clearly view all offers. Buyers will be able to clearly see every bid for a property and they can ensure that they are the high bidder by bidding until they win the bid. There is no more “highest and best” and hoping the seller chooses your offer. Once you are the winning bidder, it is still extremely important to write the strongest offer possible as terms and conditions matter. The seller is not obligated to take your offer; however, you should be in the driver’s seat to purchase the property. The beauty of this process is that every bid is out in the open for everyone to see.

This is a win, win, win, situation for everyone involved.
  • Bidder—The bidder can be the end buyer with an agent representing them during the bidding process or the end buyer without an agent representing them during the process.

  • Registering—A bidder may register in one of the following ways depending upon the type of bidding program available for each property. Not all properties allow for all types of registration. Registering may occur by obtaining the listing agent approval to bid. Listing agent approval is granted by the listing agent once the bidder has requested approval to bid. Approval usually occurs after proof of funds and a pre-approval letter have been provided to the listing agent. To expedite the process please attach the approval letter and proof of funds to the request. In some cases, the bidder can be approved through a validation process with a credit card.

  • Bidding—The bidding occurs over a period of time and the bidding will proceed with increments of $1000 until the bidding reaches $1M and then the bidding will increase in $5000 increments.

  • Auto-bid—Bidders can set an automatic bid amount and the system will bid for the bidder in an amount either $1000 or $5000 more than the last bid amount until the auto-bid has either won the bidding process or has been outbid.

  • Bidding extended—The bidding will be extended for 12 minutes whenever there is a bid within the last 12 minutes of bidding.  Hence, if the bidding is scheduled to end at 6PM and there is a bid at 5:49PM, then the bidding will be extended to 6:01PM.  If there is a successive bid at 5:58PM then the bidding will be extended to 6:10PM and so forth.  This extension of bidding is intended to allow time for agents and clients to communicate and increase their bid in real time.  Please contact the system administrator with any further questions.

  • Buyer Premium—The buyer premium on this property is 3.5%. The buyer premium must be included in the purchase agreement that will be written within 24 hours after the end of the bidding process. The buyer premium normally is used for closing costs which can be, but is not limited to, compensation of the buyer agent and to pay the platform fee. Any compensation to agents is negotiable. In any event, the buyer premium must be included in the final purchase agreement as defined in 7 below.

  • Winning Bidders—Winning bidders will be notified of their winning bid and will be required to submit an offer within 24 hours of the winning bid amount plus the buyer premium. For example, if the winning bid was $100,000 and the buyer premium was 3%, then the purchase agreement should be for $103,000 and will be due within 24 hours of the end of bidding. USAHomeBids reserves the right to charge a fee of $1000 to anyone who bids, is the winning bidder, and does not complete a purchase agreement. Seller reserves the right to accept, reject, or counter any offer.

  • Listing Agent—The listing agent is the agent who listed the property on the USAHomeBids system. This agent is responsible for the completeness and correctness of all information. USAHomeBids and its affiliates are not liable for any information entered into the USAHomeBids system by the listing agent. Moreover, it is the duty of the listing agent to follow up with all bidders.
    Please see terms and privacy here

Bid History

Open House

  • -
  • -
  • -
  • -
  • -
  • -

Location


Disclaimer

USAHomeBids was created as a great solution to help Buyers and Sellers successfully navigate a real estate transaction with the ability to clearly view all offers without the interference of agents in the price establishing process. Buyers will be able to clearly see every bid for a property and they can ensure that they are the high bidder by bidding until they win the bid. There is no more “highest and best” and hoping the seller chooses your offer. Once you are the winning bidder, it is still extremely important to write the strongest offer possible as terms and conditions matter. The seller is not obligated to take your offer; however, you should be in the driver’s seat to purchase the property. The beauty of this process is that every bid is out in the open for everyone to see.

This is a win, win, win, situation for everyone involved.
  • Bidder—The bidder can be the end buyer with an agent representing them during the bidding process or the end buyer without an agent representing them during the process.

  • Registering—A bidder may register in one of the following ways depending upon the type of bidding program available for each property. Not all properties allow for all types of registration. Registering may occur by obtaining the listing agent approval to bid. Listing agent approval is granted by the listing agent once the bidder has requested approval to bid. Approval usually occurs after proof of funds and a pre-approval letter have been provided to the listing agent. To expedite the process please attach the approval letter and proof of funds to the request. In some cases, the bidder can be approved through a validation process with a credit card.

  • Bidding—The bidding occurs over a period of time and the bidding will proceed with increments of $1000 until the bidding reaches $1M and then the bidding will increase in $5000 increments.

  • Auto-bid—Bidders can set an automatic bid amount and the system will bid for the bidder in an amount either $1000 or $5000 more than the last bid amount until the auto-bid has either won the bidding process or has been outbid.

  • Bidding extended—The bidding will be extended for 12 minutes whenever there is a bid within the last 12 minutes of bidding.  Hence, if the bidding is scheduled to end at 6PM and there is a bid at 5:49PM, then the bidding will be extended to 6:01PM.  If there is a successive bid at 5:58PM then the bidding will be extended to 6:10PM and so forth.  This extension of bidding is intended to allow time for agents and clients to communicate and increase their bid in real time.  Please contact the system administrator with any further questions.

  • Buyer Premium—The buyer premium on this property is 3.5%. The buyer premium must be included in the purchase agreement that will be written within 24 hours after the end of the bidding process. The buyer premium normally is used to compensate the buyer agent and to pay the platform fee. In any event, the buyer premium must be included in the final purchase agreement as defined in 7 below.

  • Winning Bidders—Winning bidders will be notified of their winning bid and will be required to submit an offer within 24 hours of the winning bid amount plus the buyer premium. For example, if the winning bid was $100,000 and the buyer premium was 3%, then the purchase agreement should be for $103,000 and will be due within 24 hours of the end of bidding. USAHomeBids reserves the right to charge a fee of $1000 to anyone who bids, is the winning bidder, and does not complete a purchase agreement. Seller reserves the right to accept, reject, or counter any offer.

  • Listing Agent—The listing agent is the agent who listed the property on the USAHomeBids system. This agent is responsible for the completeness and correctness of all information. USAHomeBids and its affiliates are not liable for any information entered into the USAHomeBids system by the listing agent. Moreover, it is the duty of the listing agent to follow up with all bidders.
    Please see terms and privacy here