ABSOLUTE AUCTION ABOVE $10,000 "Harlem Park" Rental Townhome

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Listing Details

Sold Price
$28,000
Auction Date
Auction Time
10:55 AM
Address
1620 W. Franklin Street, Baltimore, MD, 21223
County
Baltimore City
Neighborhood
Harlem Park
Scroll down for Complete Details, including: property description and Terms of Sale.

Holloway & Sullivan, LLC
10 N. Calvert Street - Suite 200
Baltimore, Maryland 21202

GUARDIAN'S SALE, ET AL.

6 BALTIMORE CITY PROPERTIES
- Great Investment Opportunities -

Sales on Respective Premises
WEDNESDAY, APRIL 7, 2010
At the following times:

AT 10:55 AM
1620 W. FRANKLIN STREET
"Harlem Park" - 21223

 
        Rental Townhome sold Absolute to the Highest Bidder over $10,000 - Off 500 N. Mount St. - Three story brick townhome contains seven rooms (four bedrooms), bath and basement. Lot size: 13'6" x 80', more or less. Annual $68 ground rent. The property is rented for $700 per month, on a month to month lease, to a Section 8 tenant.

        BLOCK PLAT (pdf)

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


 

TERMS OF SALE

         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 shall 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.   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.  All properties shall 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.


NO BUYERS PREMIUM!


Broker participation is invited.
BROKER REGISTRATION FORM (pdf)