ABSOLUTE AUCTION SALE
TO THE HIGHEST BIDDER


EAST BALTIMORE CITY

10 - 2 STORY BRICK
INVESTMENT PROPERTIES

Sales On Premises
MON., APRIL 4, 2005
At the Following Times



AT 9:30 A.M.
538 Richwood Ave. 21212:

      "Govans Community" off 400 York Rd. 4 bedrooms and bath. Rental: $575. Lot: 25' x 100'. Annual $96.00 ground rent. (Page 35-C3)



AT 10:00 A.M.
516 E. 43rd St. 21212:

       "Wilson Park" off 4300 Old York Rd. 4 bedrooms and bath. Rental: $575. Lot: 15' x 112'. Annual $120 ground rent. (Page 35-C3)



AT 10:40 A.M.
1708 Montpelier St. 21218:

       "Coldstream/Montebello" off 2500 Harford Rd. 3 bedrooms and bath. Vacant. Lot: 13'6" x 81'8". Annual $60.00 ground rent. (Page 35-E8)



AT 11:00 A.M.
1901 N. Collington Ave. 21213:

       "S. Clifton Park" off 2100 E. North Ave. 3 bedrooms and bath. Rental: $340. Lot: 13' x 77'. Annual $52.00 ground rent. (Page 35-F9)



AT 11:20 A.M.
1806 N. Chester St. 21213:

       "S. Clifton Park" off 2000 E. North Ave. 3 bedrooms and bath. Rental: $475. Lot: 14' x 70'. Annual $84 ground rent. (Page 35-F9)

AT 11:35 A.M.
1742 N. Chester St. 21213:

       "S. Clifton Park" off 2000 E. Lafayette Ave. 3 bedrooms and bath. Vacant. Lot: 14' x 70'. Annual $42 ground rent. (Page 35-F9)

AT 11:35 A.M.
1740 N. Chester St. 21213:

       "S. Clifton Park" off 2000 E. Lafayette Ave. 3 bedrooms and bath. Rental: $475. Lot: 15' x 70'. Annual $96.00 ground rent. (Page 35-F9)




AT 12:00 NOON
2221 E. Biddle St. 21213:

       "Middle East" off 1200 N. Patterson Park Ave. 3 bedrooms and bath. Rental: $400. Lot: 14' x70'. Annual $96 ground rent. (Page 35-F10)



AT 12:30 P.M.
1514 N. Eden St. 21213:

       "Oliver" off 1200 E. Oliver St. 2 bedrooms and bath. Rental: $350. Lot: 14' x 48'. Annual $32 ground rent. (Page 35-D10)



AT: 12:50 P.M.
1208 N. Spring St. 21213:

       "Oliver" off 1400 E. Preston St. 2 bedrooms and bath. Vacant. Lot: 10'8" x 70'. Annual $48 ground rent. (Page 35-D10)

       Page references are from the ADC map book.

       LOCATION MAP (For All Properties)

       TERMS OF SALE: A deposit by certified check or cashier's check of $1,500 on each property 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 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. All adjustments as of date of sale. 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 sale 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. 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.