"Curtis Bay"

Semi-Detached Building
Arranged for 3 Units
Turn-Key Condition, Double Lot
9774.jpg

Listing Details

Sold Price
$45,000
Auction Date
Auction Time
12:35 PM
Address
1517 Elmtree Street, Baltimore, MD, 21226
County
Baltimore City
Neighborhood
MD
Inspection
30 minutes prior to sale on the day of the auction. Please email info@ajbillig.com or call 410.296.8440 to state your interest in inspecting the property prior to sale.
Additional Documents
Financing
See our Financing Page for a list of auction-oriented lenders.
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

Use Mobile?
9776.jpg
9776.jpg
9775.jpg
9777.jpg
9778.jpg
9779.jpg
9789.jpg
9781.jpg
9782.jpg
9783.jpg
9784.jpg
9786.jpg
9787.jpg
9788.jpg
9774.jpg

REAL ESTATE AUCTION

CURTIS BAY

SEMI-DETACHED BUILDING
 - Arranged for Three Units -
Turn-Key Condition ✦ Double Lot

Sale On Premises
1517 ELMTREE STREET
A/K/A 1517-1519 Elmtree Street
Off Pennington Avenue
Baltimore City, MD 21226

TUESDAY, JUNE 7, 2016
AT 12:35 P.M.

- Suggested Opening Bid: $25,000 -

    NOTE:  The information contained herein has been obtained from sources deemed reliable and is believed to be accurate.  However, no express or implied warranty is made or may be inferred from any such representation.  Dimensions, square footage and acreage contained herein are more or less.  Prospective purchasers are encouraged to perform their own due diligence, in advance of the auction, regarding the permitted uses of the property.

LOCATION:
1517 Elmtree Street is located in the Curtis Bay neighborhood in South Baltimore. Curtis Bay features major employers, retail businesses and an eclectic mix of homes and apartment buildings. The convenient location situated along several of the area's major highways, including I-695, I-895 and I-97, makes the location ideal for residents and businesses alike. Surrounding properties are comprised of single family homes, semi-detached homes and townhomes.

For more information about the area, please visit:
www.livebaltimore.com/neighborhoods

SITE:
Rectangular lot - 53' x 100', or 0.122 acre, more or less

Off-street parking for 2 - 3 vehicles (potential conversion for more)

Large side yard

Zoned R-6, residential, single family
For more information, see the Baltimore City zoning Code

IMPROVEMENT DESCRIPTION:
Two story formstone front semi-detached building - according to public tax records, the building was constructed in 1920, contains 1,444 square feet above grade and 722 square feet of mostly finished basement space. The building features vinyl-clad replacement windows, updated flooring, updated appliances, separate exterior entrances and is arranged for three units. The lower level unit contains two rooms, kitchen and bath. The first floor unit contains two rooms, kitchen and bath. The second floor unit contains three rooms, kitchen and bath.

Note: The building has been used for both single family and multi-unit use for many years. According to the seller, the building most recently rented for $2,200/month. The building is currently vacant.

ANNUAL REAL ESTATE TAXES:
Published annual real estate taxes are $922 based on a full value assessment of $47,133.  

TITLE:
The property is in fee simple; and is being sold free and clear of all liens.

INSPECTION:
30 minutes prior to sale on the day of the auction. Please email info@ajbillig.com or call 410.296.8440 to state your interest in inspecting the property prior to sale.

TERMS OF SALE:
A $2,500 deposit, payable by certified check or cashier's check, will be required of the Purchaser at time and place of sale.  The deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer's office.  Balance to be paid in cash at settlement, which shall take place within 45 days.  If payment of the deposit or balance does not take place within the specified time, the deposit shall be forfeited and the property may be resold at the risk and expense of the Purchaser. Interest to be charged on the unpaid purchase money, at the rate of 12% per annum, from date of contract to date of settlement. All adjustments, including taxes, all other public charges and assessments payable on a monthly or annual basis, and sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of contract and assumed thereafter by the Purchaser.  The property will be sold in "AS IS" condition, and subject to easements, agreements, restrictions or covenants of record affecting same, if any.  Purchaser assumes the risk of loss from the date of contract forward. The Purchaser agrees to waive the right of inspection for lead paint, as provided under current Federal and State law.  The Purchaser waives and releases the Seller, the Auctioneers, and their respective agents, successors and assigns from any and all claims the Purchaser and/or its successors and assigns may now have or may have in the future relating to the condition of the property, including but not limited to the environmental condition thereof. No representations, express or implied, are made with respect to the use of the property, including but not limited to zoning code, area classification, area designation, permitted uses as of right, ancillary uses, special exceptions, use and occupancy or other Federal, State or City permits. If the Seller is unable to convey good and marketable title, the Purchaser's sole remedy in law or equity shall be limited to the refund of the deposit.  Upon refund of the deposit this sale shall be null and void and of no effect, and the Purchaser shall have no further claim against the Seller or Auctioneers.  Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the Purchaser.  Time is of the essence.

No Buyer's Premium!