"Irvington - Southwest Baltimore" Commercial Property Fenced Contractor Yard, 3 Townhomes, Storage Building

16008_frederick3330_front.jpg

Listing Details

Sold Price
$47,000
Auction Date
Auction Time
11:00 AM
Address
3330 & 3332 Frederick Avenue, 3317 & 3319 Old Frederick Road, Baltimore, MD, 21229
County
Baltimore City
Neighborhood
Irvington, Southwest Baltimore
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

Use Mobile?
16008_frederick3332_front.jpg
16008_frederick3332_front.jpg
16008_oldfrederick3317_front.jpg
16008_oldfrederick3319_front.jpg
16008_frederick3330etc_aerial_imap.jpg
16008_frederick3330_front.jpg

Donald L. Rosenberg, Esquire
Baltimore, MD 21208

ESTATE AUCTION

 

IRVINGTON
Southwest Baltimore

 

COMMERCIAL PROPERTY
✦ Fenced Contractor Yard ✦
3 Townhomes ✦ Storage Building

Sale On Premises
3330 & 3332 Frederick Avenue
3317 & 3319 Old Frederick Road
Near Fredhilton Pass
Baltimore City, MD 21229

WEDNESDAY, NOVEMBER 20, 2013
AT 11:00 A.M.

- SUGGESTED OPENING BID: $25,000 -


    NOTE:  The information contained herein has been obtained from sources deemed reliable and is believed to be accurate.  However, no express or implied warranty is made or may be inferred from any such representation.  Dimensions, square footage and acreage contained herein are more or less.  Prospective purchasers are encouraged to perform their own due diligence, in advance of the auction, regarding the permitted uses of the property.


LOCATION:

The property is located in the Irvington neighborhood in southwest Baltimore City. The location is at a significant crossroads in Baltimore City.  S. Hilton Street and S. Caton Avenue are immediately to the west. I-95 is approximately one mile to the south via Caton Avenue, and US-40 is approximately 1 mile to the north via Hilton Street. I-695 is about 2 miles to the southwest. The easy access to major area highways and local routes makes the location ideal for any number of commercial users. Nearby properties are being used by automotive businesses, contracting companies, manufacturing and retail businesses.


The property comprises 4 addresses, and is currently oriented as a contractor storage and staging location with a building converted for materials and equipment storage. There are also three rental oriented townhomes at the site. The orientation and location of the property make it ideal for its current use by a contractor, conversion to any number of different commercial uses, residential income or any combination thereof.


For more information about Irvington, please see:
http://livebaltimore.com/neighborhoods/irvington/#.Umq7-3CbND0

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


SITE:

Four sided lot comprises 4 parcels known as 3330 & 3332 Frederick Avenue and 3317 & 3319 Old Frederick Road. The properties are found at Baltimore City Block 2244B, lots 7, 7A, 12 and 13.


The lots front 40' on Frederick Avenue, and 41.65' on Old Frederick Road. Total lot size is 5,790 square feet or 0.133 acre, more or less.


Fenced and partially covered side and interior yard with access via Frederick Avenue and Old Frederick Road (primary access via Old Frederick Road). Two gates.


Building located at 3330 Frederick Avenue has been converted to a drive-in bay used for equipment and materials storage. An additional space between the rear of the properties has been used for covered storage.


All public utilities are in the site


Zoning: B-3-2, community commercial, permitting a variety of commercial and residential uses. For details see the Baltimore City Zoning Code (pdf)


IMPROVEMENTS:

In addition to the structures mentioned above, there are three townhomes on the property known by addresses 3332 Frederick Avenue, 3317 and 3319 Old Frederick Road. Each home contains between 5-6 rooms (2-3 bedrooms), full bath and basement or crawlspace. Each of the homes is in need of renovation.

 
TITLE:

3330 Frederick Avenue, 3317 & 3319 Old Frederick Road are in fee simple.  3332 Frederick Avenue is subject to a $60 annual ground rent (unregistered.) The properties are sold free and clear of all liens.


TAXES:

Published real estate taxes for 2013-2014 are:

  • 3330 Frederick Avenue: $1,753.78 based on a full value assessment of $74,300
  • 3332 Frederick Avenue: $1,640.20 based on a full value assessment of $69,500
  • 3317 Old Frederick Road: $1,463.20 based on a full value assessment of $62,000
  • 3319 Old Frederick Road: $1,529.28 based on a full value assessment of $64,800


Purchasers may petition for a reduction in the assessment of their property in conjunction with a purchase price substantially less than the currently assessed value of the property.  Purchasers are encouraged to contact the Maryland State Department of Assessments & Taxation concerning the appeals process, and may see the following link for helpful information:
http://www.dat.state.md.us/sdatweb/appeal.html


INSPECTION:

The property may be inspected one hour prior to the auction


TERMS OF SALE:

A $5,000 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 at settlement, which shall take place within 45 days.  If payment of the deposit or 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, 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.  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, transfer taxes and all costs incidental to settlement to be paid by the purchaser except where otherwise mandated by local, State or Federal law.  Ground rent escrow, if any, shall be paid by the purchaser. Time is of the essence.


NO BUYER'S PREMIUM!