PUBLIC AUCTION SALE

4 - Well Located
Two Story Brick
INVESTMENT
PROPERTIES

Sales On Respective Premises
WED., SEPT. 21, 2005
At The Following Times:


AT 10:30 A.M.
1805 N. MONROE ST.

"Sandtown"

       Off the 1800 block of W. North Avenue 21217; 1st floor: entry foyer, living room, dining room, kitchen and john; 2nd floor: 3 bedrooms and bath. Club basement. Modern gas hot air heating system. Replacement windows and insulated doors. Lot: 14' x 82', more or less. Rental: $700 monthly ending 5/06. Annual $78 ground rent. Deposit: $3,000.

For directions from your location, visit:
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AT 11:15 A.M.
3828 BONVIEW AVE.

"Belair-Edison"

       Off the 3800 block of Erdman Avenue 21213. Two story end of group porchfront with living room and bedroom on the 1st floor; 2 bedrooms and bath on the 2nd floor; full basement with country eat-in kitchen, powder room and utility room. Gas heat. Parking pad. Monthly rental: $850 ending 12/05. Lot: 38'11" x 127', more or less. Annual $96 ground rent. Deposit: $5,000.

For directions from your location, visit:
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AT 11:35 A.M.
3830 ELMORA AVE.

"Belair-Edison"

       Off the 3700 block of Erdman Avenue 21213. End of group with living room, dining room and kitchen on the 1st floor; 2 bedrooms and bath on the 2nd floor; full basement with club room. Parking pad. Rental: $800 monthly; month to month. Lot: 25'5" x 100', more or less. Annual $96 ground rent. Deposit: $5,000.

For directions from your location, visit:
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AT 12:00 NOON
3829 LYNDALE AVE.

"Belair-Edison"

       Off the 3600 block of Erdman Avenue 21213. Living room, dining room and kitchen on the 1st floor; 2 bedrooms and bath on the 2nd floor. Club basement. Gas heat. Rental: $700 monthly ending 3/06. Lot: 14' x 100', more or less. In Fee Simple. Deposit: $5,000.

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



LOCATION MAPS (for all properties)

       TERMS OF SALE: All deposits, as stated above, to be paid by certified check or cashier's check and will be required of the purchaser at time and place of each 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 purchaser. All adjustments as of date of settlement. All other public charges and assessments payable on an annual basis including sanitary and/or metropolitan district charges to be adjusted for the current year to date of settlement and assumed thereafter by the purchaser. The property will be sold in an "AS IS" condition, without express or implied warranty as to the nature and description of the improvements as contained herein, and subject to the rights of the existing tenants. 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. The purchaser agrees to waive the right of inspection for lead paint as provided under current Federal and State Laws. Cost of all documentary stamps and transfer taxes to be paid by the purchaser. TIME IS OF THE ESSENCE. NO BUYER'S PREMIUM!