On-Site Real Estate Auctions

9 Properties At Your Price
Excellent Investment Opportunities
In Baltimore City

Sales On Respective Premises
Tuesday, April 17, 2007

LOCATION MAP (for all properties)


AT 10:30 A.M.
523-529 FREEMAN STREET
"Brooklyn" - 4 Fire Damaged Townhomes

Photos of auction property
FRONT VIEW      STREET SCENE #1      STREET SCENE #2

       "Redevelopment Opportunity" - One block north of E. Patapsco Ave., off 5th St., 21225 - Four Contiguous commercially zoned townhomes that need to either be razed or rehabilitated. Zoned B-2-2, commercial. Each lot measures 11'9" x 56', more or less. 523 Freeman St. has an annual $34.50 ground rent; 525-529 Freeman St. are all in fee simple. Nice area. TO BE OFFERED AS AN ENTIRETY! DEPOSIT: $7,500



AT 11:15 A.M.
1615 W. LEXINGTON ST.
"Franklin Square"
Three Story Townhome


BLOCK PLAT

       Between N. Mount St. and N. Gilmor St., 21223 - Three story inside-group shell townhome has been gutted and partially framed, and features a full basement, new windows and new doors. The home was being renovated as a five bedroom and two and one-half bathroom home. Lot size: 19' x 110', more or less. Annual $240 ground rent. Great opportunity for renovation. DEPOSIT: $2,500.

Photos of auction property
FRONT VIEW     REAR VIEW     FOYER     INTERIOR #1
INTERIOR #2     INTERIOR #3

AT 11:45 A.M.
2720 WINCHESTER ST.
"Winchester"
Two Story Townhome


BLOCK PLAT

       Off 1100 Ashburton St., 21216 - Two story inside-group brick, covered porchfront townhome, containing a living room, dining room, kitchen, three bedrooms, bath, basement and gas radiator heat. Lot size: 14' x 100', more or less. In fee simple. MDE Certificate! Updated roof and new kitchen floor. Deposit $5,000.

Photo of

AT 12:10 P.M.
3102 OAKFIELD AVENUE
"West Forest Park" - Rented Two Story Townhome
Photos of auction property
FRONT VIEW      REAR VIEW

       W. Forest Park Ave. to Oakfield Ave., 21216 - Two story inside-group brick, covered porchfront townhome, containing a living room, dining room, kitchen, four bedrooms, two baths, basement, gas hot water heat, and attached garage. Lot size: 19' x 85', more or less. In fee simple. Currently rented for $775 per month, month to month tenant. Quiet street, good rental property. Deposit $2,500.

BLOCK PLAT Photo of


AT 12:35 P.M.
3711 W. BELVEDERE AVENUE
"Langston Hughes" - Rented Two Story Townhome

Photo of

       Between Cordelia Ave. and Litchfield Ave., 21215 - Two story inside-group brick, covered porchfront townhome, containing a living room, dining room, kitchen, three bedrooms, bath, partially finished basement with additional bedroom, flush, and gas hot water heat. Lot size: 13' x 117'1", more or less. In fee simple. Currently rented for $725 per month, month to month tenant. Great access to public transportation. Deposit $2,500.

BLOCK PLAT
Photo of


AT 1:00 P.M.
4803 REISTERSTOWN RD.
"Central Park Heights"
Rented Two Story Townhome

       Between Beehler Ave. and Manchester Ave., 21215 - Two story inside-group brick porchfront townhome, containing a large living room, dining room, kitchen, three bedrooms, one and one-half baths, basement with laundry facility, sump pump, and gas hot water heat. Lot size: 18'4" x 95', more or less. In fee simple. Currently rented for $700 per month, month to month tenant. Good Condition: new carpet, new windows, and new half bath. Deposit $2,500.

Photo of

AT 2:15 P.M.
525 TUNBRIDGE ROAD
"Mid-Govans" - Two Story Townhome

Photo of
BLOCK PLAT

       Off 5400 York Rd., 21212 - Two story end-of-group brick porchfront townhome, containing a living room, dining room, kitchen, 3 bedrooms, 2 baths, basement, gas forced hot air heat, central air conditioning, and vinyl replacement windows. Lot size: 23' x 100', more or less. In fee simple. Deposit $5,000.


AT 2:45 P.M.
1652 NORTHGATE ROAD
"Northwood" - Two Story Townhome

Photos of auction property
FRONT VIEW      STREET SCENE

       One block south of E. Cold Spring La., off Loch Raven Blvd., 21218 - Two story townhome containing a living room, dining room, kitchen, three bedrooms, bath, and basement. Lot size: 28'3" x 87', more or less. In fee simple. Great homeowner neighborhood. The home is in need of repairs. DEPOSIT: $7,500.


AT 3:15 P.M.
2603 ORLEANS STREET
"McElderry Park" - Two Story Townhome

Photos of auction property
FRONT VIEW      AERIAL VIEW

       Between N. Luzerne Ave. and N. Glover St., 21224 - Two story inside-group brick townhome, containing a living room, dining room, kitchen, three bedrooms, bath, and basement. Lot size: 13' x 74', more or less. Annual $60 ground rent. Active area. Needs renovation. DEPOSIT: $2,500.



TERMS OF SALE

       Deposits as stated above payable by certified or cashier's check 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, ground rent (if any) 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 existing housing violation notices (if any), 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.

Broker participation is invited.
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