"Gwynns Falls"

Two Story Porchfront Rental Townhome
Previously Rented for $800/Month
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Listing Details

Sold Price
$26,000
Auction Date
Auction Time
1:05 PM
Address
3138 Strickland Street, Baltimore, MD, 21229
County
Baltimore City
Neighborhood
Gwynns Falls
Inspection
The home may be inspected 30 minutes prior to the auction.
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

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REAL ESTATE AUCTION

GWYNNS FALLS

Two Story Porchfront
RENTAL TOWNHOME
-  Previously Rented for $800/Month -

Sale On Premises
3138 STRICKLAND STREET
Baltimore City, MD 21229

THURSDAY, OCTOBER 27, 2016
AT 1:05 P.M.

- Suggested Opening Bid: $10,000 -

      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:
3138 Strickland Street is located in the Gwynns Falls Neighborhood in southwest Baltimore City. The home sits a very short distance away from St. Agnes Hospital, a major employer in the area. I-95 is less than 1 mile to the south via Caton Avenue, providing access to additional employers throughout the metro region. Shopping, dining, neighborhood services and public transportation are along Wilkens Avenue and Caton Avenue.

For more information about Baltimore City neighborhoods, please visit:
http://livebaltimore.com/neighborhoods/

SITE:
Flag shaped lot comprising 0.124 acre, more or less. Fronts 23' on Strickland Street, and wraps around behind 3140-3144 Strickland Street. Accessible via a 15' alley.

Mostly fenced yard

Ample parking potential

Zoning M-1-2, Industrial

Public water, sewer, gas, electricity, telephone, cable TV

IMPROVEMENTS:
Two story end-of-group townhome - the home was constructed in 1920, contains 904 square feet of living area and 392 square feet of partially finished basement space, according to public tax records. The home was updated in 2009, features vinyl clad replacement windows, new drywall, laminate floors, covered front porch and MDE lead certificate. Arranged for 5 rooms and bath. Previously rented for $800/month.

Lease

Lead Certificate

TITLE:
In fee simple; and sold free and clear of liens.

TAXES:
Published annual real estate taxes are $1,025.82 based on a full value assessment of $43,467. Purchasers may petition for a reduction in the assessment of their property in conjunction with a purchase price substantially less than the currently assessed value of the property. Purchasers are encouraged to contact the Maryland State Department of Assessments & Taxation concerning the appeals process, and may see the following link for helpful information:
http://dat.maryland.gov/realproperty/Pages/Assessment-Appeal-Process.aspx

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 of the auction day and time, 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. All adjustments, including taxes, ground rent, 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. Interest to be charged on the unpaid purchase money, at the rate of 12% per annum, from date of contract to date of settlement. 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. 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 except where otherwise mandated by local, State or Federal law. Time is of the essence.

NO BUYER'S PREMIUM!