Real Estate Auction

3 - BALTIMORE CITY
INVESTMENT PROPERTIES


Each Arranged for 2
Self-Contained Apartments

Sale On Premises
MONDAY, DEC. 11, 2006

At 1:30 P.M.
3515 & 3521
GREENMOUNT AVE.

"Waverly"

Photos of auction property
3515      3521      STREET SCENE

       Located off the 400 block of E. 36th Street, 21218. Two story inside-group brick townhomes, each contain two apartment units, consisting of 2 rooms, kitchen and bath; basement; separate gas forced hot air heat and meters; hardwood floors; high ceilings; lot size 14' x 75' m/l each; in fee simple. Zoning R-6, two-family. Currently rented on a month-to-month basis: 3515 - $435 per unit; 3521 - $425 on first floor, $350 on second floor (long term tenant). Buildings will be offered individually and as an entirety.

       BLOCK PLAT


At 3:00 P.M.
3819 S. HANOVER ST.
"Brooklyn"

Photos of auction property
FRONT VIEW      INTERIOR      KITCHEN

       Corner Talbot Street, 21225. Two story end-of-group brick townhome is arranged as 2 units, each consisting of 2 rooms, updated kitchen, bath, laundry hookup, separate electric heat pump, central air, water heater, entrances and utility meters; basement; replacement windows; lot size 13'4" x 100' m/l. Zoning B-3-2 commercial - currently registered as one family. Vacant, clean and ready to lease.

       BLOCK PLAT

LOCATION MAP (for all properties)

       TERMS OF SALE: A $4,000 deposit on each property, 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 within 45 days. If payment of the 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. Greenmount Avenue properties - all adjustments to date of settlement. 3819 S. Hanover Street - 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, including taxes, rents, all other public charges and assessments payable on an annual basis, and 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. All properties - 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 sale 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. Time is of the essence.

No Buyer's Premium