PUBLIC AUCTION
Unique Opportunity!

CATONSVILLE

CIRCA 1896 DUPLEX
2 - Adjoining Homes
Zoned RO - Residential/Office



Sale On Premises
56-58 MELLOR AVENUE
Off 800 Frederick Avenue
Baltimore County, MD 21228

THURSDAY, SEPTEMBER 21, 2006
AT 2:00 P.M.


LOCATION:

Situated in the heart of Catonsville, opposite the Catonsville Community Center, the property predates many in the surrounding area. Previously used as three residential units, RO zoning creates potential for office or residential use.

LOCATION MAP

TAX MAP

SITE:

50' x 181'

BUILDING:

2 - Semi-detached Shake Shingle Covered Porchfront Homes, feature some original trim, hardwood floors and a few replacement windows. Remodeling is needed. Total building area is believed to be approximately 3,600 square feet, plus basement. The buildings are interconnected.

56 Mellor Avenue
First floor - foyer, living room, dining room, kitchen with walk-in pantry, front and rear stairs; second floor - 3 bedrooms and ceramic tile bath; full basement with rear exit; gas steam heat.

58 Mellor Avenue
Was 2 apartment units
First floor - foyer, living room, dining room, dinette, kitchen, full bath with footed tub, side exit; second floor - 3 bedrooms and full bath with footed tub; full basement; walk-up attic extends over 56 Mellor Avenue; gas hot water heat.

ZONING:

RO - Residential/Office

For a list of permitted uses, see the:
Baltimore County Zoning Regulations

TITLE:

In fee simple. The property is sold free and clear of liens. Deed reference - Liber 20829, folio 499.

TERMS OF SALE:

A $10,000 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 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. 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, 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. 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 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 and transfer taxes to be paid by the purchaser. Time is of the essence.

NO BUYER'S PREMIUM.

Broker participation is invited.
BROKER REGISTRATION FORM