ABSOLUTE AUCTION ABOVE $15,000 "Middle East - Johns Hopkins Area" Storefront Building


Listing Details

Sold Price
Auction Date
Auction Time
11:15 AM
731 N. Chester Street, Baltimore, MD, 21205
Baltimore City
Middle East - Johns Hopkins Area
Scroll down for Complete Details, including: property description and Terms of Sale.


- Great Investment Opportunities -

Sales on Respective Premises
TUESDAY, JULY 28, 2009
At the following times:

AT 11:15 AM
"Middle East - Johns Hopkins Area" - 21205

        Absolute to the highest bidder over $15,000, off 2100 E. Madison St. - Two story inside-group brick storefront building arranged for two units. The first floor contains an open room, most recently used as a beauty shop. The second floor is arranged for a two bedroom, one bath apartment. Zoned B-2-2 community business. Lot size: 13' x 70', more or less. Annual $38.50 ground rent. Needs renovation.

        BLOCK PLAT (pdf)

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        A $2,500 deposit for each property, payable by certified 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 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.  All properties EXCEPT 1120 N. Luzerne Avenue and 4735 Park Heights Avenue - 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, ground rent, 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.  1120 N. Luzerne Avenue and 4735 Park Heights Avenue - all adjustments as of date of settlement.  All properties - 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. Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the purchaser. TIME IS OF THE ESSENCE.


Broker participation is invited.