Properties Auctioned Off in Springfield
There were 14 houses, 16 residential lots, 13 commercial lots and one commercial property on the auction block.
Auctioneers and buyers say events like this can have a great outcome for everyone involved.
“It’s a win-win situation,” said James Chiccino of Daniel Flynn Auction Company. “It’s a win for the city because they get a quick infusion of cash, and they get the property back on the tax rolls again.”
“I think it’s a great opportunity,” said buyer Stephen Wagner. “I mean, it’s not as easy when you start rehabbing it. The city makes you jump through a few hoops. It can get a little bit complicated, but if you can get through it, it’s a great opportunity.”