"Coldstream-Homestead-Montebello" Fully Renovated Multi-Unit Building

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Listing Details

Sold Price
$78,000
Auction Date
Auction Time
11:25 AM
Address
2526 Harford Road, Baltimore, MD, 21218
County
Baltimore City
Neighborhood
Coldstream-Homestead-Montebello
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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REAL ESTATE AUCTION
                                                                        
COLDSTREAM-HOMESTEAD-MONTEBELLO


FULLY RENOVATED MULTI-UNIT BUILDING
Arranged for 3 Self-Contained Units and Garage
- Zoned for 2 Units -

Sale on Premises
2526 HARFORD ROAD
Opposite Clifton Park
Baltimore City, Maryland 21218


THURSDAY, JULY 8, 2010
AT 11:25 A.M.


        THE INFORMATION CONTAINED HEREIN HAS BEEN OBTAINED FROM SOURCES DEEMED RELIABLE AND BELIEVED TO BE ACCURATE.  HOWEVER, NO EXPRESS OR IMPLIED WARRANTY IS MADE AS TO THE ACCURACY OF THESE REPRESENTATIONS.  DIMENSIONS AND SQUARE FOOTAGE CONTAINED HEREIN ARE MORE OR LESS.

LOCATION & DIRECTIONS:

The property is situated in East Baltimore in the Coldstream-Homestead-Montebello neighborhood. Area properties are a mix of community commercial, owner-occupied residential and residential rentals. The property sits directly across from Clifton Park, one of the City's largest parks, offering a golf course, ball fields, tennis courts, community pool, walking trails and more. The location is proximate to Downtown Baltimore, and access to I-83 and I-95 is good. Public transportation is on Harford Road.


Coldstream-Homestead-Montebello Neighborhood Profile:
http://www.livebaltimore.com/neighborhoods/list/coldstreamhomesteadmontebello/

For directions from your location, visit: maps.google.com

 

SITE AREA

Well sized lot fronts 20' along Harford Road, with depths of 100' along Montpelier Street, and bounded by a 15' alley in the rear.


Detached garage with additional storage space.


BLOCK PLAT (pdf)

 

IMPROVEMENTS

Two story brick porchfront townhome has been fully renovated (2009-2010), and is arranged for three dwelling units, each with separate entrances, HVAC, utilities and metering. Features include MDE lead paint certificates, vinyl double-hung replacement windows, gas forced air heat, all new plumbing, all new electric, new rubberoid roof, new flooring, in-unit laundry, new cabinets and new kitchen appliances. According to the seller, all construction work has been inspected and approved by the Baltimore City Housing Authority. The property is arranged as follows: two rooms, kitchen, full bath and utility closet, on the first floor; separate stairwell, two rooms, kitchen, full bath and utility closet, on the second floor; terrace level apartment unit with separate entrance, two rooms, kitchen and bath.


MDE Lead Reduction Certificates (pdf)

 

ZONING

R-7 Residential, two dwelling units.

 

REAL ESTATE TAXES

Published 2009-2010 real estate taxes were $706.

 

TITLE

In fee simple; sold free and clear of all liens. Deed Liber FMC 12059, folio 204.

 

INSPECTION TIME

One-half hour prior to sale.

 

TERMS OF SALE

Deposit of $2,500, payable by certified or cashier's check, 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 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 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 easements, agreements, restrictions or covenants of record affecting same, if any. Purchaser assumes risk of loss from the date of sale forward.  The purchaser waives and releases the Seller,  the Auctioneers, and their respective agents, successors and assigns from any and all claims the purchaser and/or its successors and assigns may now have or may have in the future relating to the condition of the property, including but not limited to the environmental condition thereof.  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. Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the purchaser. TIME IS OF THE ESSENCE.


NO BUYERS PREMIUM!


Broker participation is invited.
BROKER REGISTRATION FORM (pdf)