Sunday, January 21, 2018

going on now: the auctioning of DHCD-owned 160 Adams St NW and 36 Channing St NW -- being sold subject to an affordable housing covenant (two former Hofgard houses)

See this tweet:





Bidding notes: Online bidding opens Thursday, January 18th @ 1:00pm and closes Tuesday, January 23rd @ 1:00pm.  Please note bids placed under the two-minute mark will reset the auction countdown clock back to two minutes.

Sold Subject to Covenants: The properties in this auction are being sold subject to an affordable housing covenant as well as a construction covenant. Failure to abide by these terms will result in the forfeiture of your deposit before closing or potentially the property itself once you have taken title. Please review the documents section for the full terms.

Description: 1,680+/- square feet unimproved lot zoned RF-1.  Square 3121 Lot 0057.

Diligence Package: Purchase agreement with addenda and covenants are located in the documents section. In order to gain access, you must create a free account as well as accept a non-disclosure agreement.





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