TWO TRACTS • 4.49± TOTAL ACRES • PADUCAH, KENTUCKY
ABSOLUTE REAL ESTATE AUCTION
TWO TRACTS • 4.49± TOTAL ACRES • PADUCAH, KENTUCKY
ABSOLUTE REAL ESTATE AUCTION
WHEN: Tuesday, October 20th, 2026
TIME: 10:00 AM
ADDRESS: 138 & 150 Boatwright Lane, Paducah, KY 42003
ABSOLUTE REAL ESTATE AUCTION
WHEN: Tuesday, October 20th, 2026
TIME: 10:00 AM
ADDRESS: 138 & 150 Boatwright Lane, Paducah, KY 42003
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TERMS AND CONDITIONS
PROCEDURE: The property will be offered in multiple tracts.
BUYERS PREMIUM: A 10% Buyer’s Premium will be added to the final bid and included in the deed transaction sale price.
DOWN PAYMENT: 15% as down payment on the day of the auction with balance in cash at closing on or before 30 days. The down payment may be in the form of cashier’s check, personal check, or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING.
CLOSING: Closing shall take place on or before 30 days from auction date.
REAL ESTATE TAXES: All 2026 ad valorem taxes will be prorated at closing
SURVEY: The property will be sold by a new survey. Buyer pays 50%.
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is subject to the Terms and Conditions outlined in the Purchase Agreement. ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections investigations, inquires, and due diligence concerning the property. The information contained in this brochure is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. All decisions of the auctioneer are final.
NEW DATA, CORRECTIONS, AND CHANGES: Please arrive prior to scheduled auction time to inspect any changes, corrections, or additions to the property information.
INVESTMENT PROPERTY • MULTIPLE RESIDENCES • INCOME POTENTIAL
An excellent opportunity to purchase income-producing real estate in Paducah, Kentucky! This property offers 4.49± total acres across two tracts, including multiple residences, established rental income, separate water meters, and additional potential for an investor, landlord, or buyer looking to expand their real estate portfolio.
Whether you're looking for an existing rental investment, additional acreage, or property with room for future possibilities, these tracts offer a variety of opportunities.
TRACT DETAILS:
TRACT 1 — 4.20± ACRES • THREE RESIDENCES • 138, 154 & 155 Boatwright Lane • Paducah, KY. Offering immediate rental income along with additional income potential.
138 Boatwright Lane - 2-bedroom, 1-bath home featuring a living room, kitchen, central forced-air natural gas heat, and window air conditioning. This residence is currently rented for $700 per month.
154 Boatwright Lane - 2-bedroom, 1-bath mobile home featuring a living room, kitchen, and window air conditioning. This residence is also currently rented for $700 per month.
155 Boatwright Lane - Older mobile home offering the potential for additional rental income or other future use.
Each residence has its own separate water meter, providing added convenience for a multi-unit rental property. With 138 and 154 Boatwright Lane each renting for $700 per month, these two residences alone provide $1,400 in combined monthly rent — or $16,800 in potential gross annual rental income before expenses.
And that's before any potential income from 155 Boatwright Lane.
For investors looking to add doors to their portfolio, buyers seeking multiple residences on one property, or those interested in acreage with existing improvements, Tract 1 deserves a closer look.
TRACT 2 — 0.29± ACRE LOT • 150 Boatwright Lane • Paducah, KY
Tract 2 consists of a 0.29± acre lot on Boatwright Lane with its own water meter already in place.
Offered separately from Tract 1, this tract provides buyers with an opportunity to purchase an additional piece of property with existing utility access and potential for future use.
BUY ONE TRACT OR BOTH
With 4.49± total acres, multiple residences, established rental income, and separate water meters, this auction presents an opportunity for investors and buyers looking for real estate with income potential and flexibility.
Mark your calendar and be prepared to bid Tuesday, October 20!
HARRIS REAL ESTATE & AUCTION
270-247-3253 • harrisauctions.com
Annual rental income calculation assumes 12 months of rent from the two residences currently renting for $700 per month, before expenses. The calculation excludes any potential income from 155 Boatwright Lane. Property information is provided for marketing purposes and should be independently verified by prospective buyers.