PUBLIC AUCTION

HAMPDEN
Just Off "The Avenue"

3 - Unit
APARTMENT BUILDING


FRONT     REAR

Sale On Premises
3601 KESWICK ROAD
Corner of 700 W. 36th Street
BALTIMORE, MD 21211

THURSDAY, DECEMBER 1, 2005
AT 2:00 P.M.


       THE INFORMATION CONTAINED HEREIN HAS BEEN OBTAINED FROM SOURCES DEEMED RELIABLE AND BELIEVED TO BE ACCURATE. HOWEVER, NO EXPRESS OR IMPLIED WARRANTY IS MADE AS TO THE ACCURACY OF THESE REPRESENTATIONS.

GENERAL INFORMATION

LOCATION:

Located in Hampden, one of Baltimore's hottest neighborhoods! The building is ideally situated just off "The Avenue", see www.hampdenmainstreet.org for more details. Public transportation is within walking distance. The Downtown business district is less than 10 minutes to the southeast.

For a detailed neighborhood profile, visit:
http://www.livebaltimore.com/nb/list/hmpdn/

LOCATION MAP

For directions from your location, visit:
http://www.mapquest.com/directions/main.adp

SITE:

Corner lot measuring 14' x 92', more or less
Serviced by public water, public sewer and natural gas

BLOCK PLAT

ZONING:

R-7, 3 dwelling units

IMPROVEMENT
DESCRIPTION:

Updated covered porchfront brick multi-unit townhome features double glazed replacement windows, modern gas steam boiler furnace, modern kitchens and bathrooms, decks off the first and second floor apartments and arranged as follows:

First Floor - living room, dining room, bedroom, modern kitchen (with bleached oak cabinetry and walk-out to deck) and modern bathroom; beautiful refinished random pine hardwood floors; rented for $750/month, on a month-to-month basis

Second Floor - living room, bedroom, modern kitchen and modern bathroom (with walk-out to deck); new wall-to-wall carpeting; rented for $700/month, with the lease expiring 10/31/2006

Basement - two rooms, kitchen and bathroom; rented for $325/month, on a month-to-month basis

ANNUAL REAL
ESTATE TAXES:


$2,562

TITLE:

In fee simple; sold free and clear of all liens

INSPECTION:

1:00 p.m. on the day of the auction


TERMS OF SALE

       Deposit payable by certified or cashier's check of $20,000 will be required of the purchaser at time and place of sale. The deposit is to be increased to 10% of the purchase price within 24 hours at the office of the Auctioneers. Balance to be paid in cash within 45 days. If payment of the balance does not take place within the specified time, the deposit will be forfeited and the property may be resold at the risk and expense of the defaulting purchaser. Interest to be charged on the unpaid purchase money, at the rate of 12% per annum, from date of sale to date of settlement. Taxes and all other public charges and assessments, payable on an annual basis, including sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of sale and assumed thereafter by the purchaser. The property will be sold in "AS IS" condition, without express or implied warranty as to the nature and description of the improvements as contained herein; and subject to easements, agreements, restrictions or covenants of record affecting same, if any. Purchaser assumes risk of loss from the date of sale forward. 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 Auctioneer. The purchaser agrees to waive the right of inspection for lead paint as provided under current Federal and State Law. Cost of all recordation and transfer taxes to be paid by the purchaser. TIME IS OF THE ESSENCE. NO BUYERS PREMIUM!