Absolute Auction To the Highest Bidder "McElderry Park" Two 2-Story Townhomes


Listing Details

Sold Price
Auction Date
Auction Time
11:00 AM
2325 & 2327 McElderry Street, Baltimore, MD, 21205
Baltimore City
McElderry Park
Scroll down for Complete Details, including: property description and Terms of Sale.

Alleck A. Resnick, Attorney
6 Reservoir Circle - Suite 203
Baltimore, MD 21208





Sales on Respective Premises
At the Following Times:

AT 11:00 A.M.
2325 & 2327 McELDERRY STREET
"McElderry Park" - 21205

        ABSOLUTE AUCTION (To the Highest Bidder, Regardless of Price) - Near 600 blk. N. Montford Ave. - Two - 2 story brick inside group townhomes with siding facades each contain: living room, kitchen and bath, on the first floor; bedroom on the second floor; gas heat. Total lot size: 24' x 71'. Annual $96 ground rent (on both properties). Sold as an entirety only.

        BLOCK PLAT (pdf)

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        Deposit of $2,500 for each property, 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 at settlement, which shall take place 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 21 S. Kresson Street and 517 W. Lafayette 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.  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. 21 S. Kresson Street and 517 W. Lafayette 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 the rights of the existing tenants, if any, and easements, agreements, building violation notices, 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 except where otherwise mandated by local, State or Federal law.  Time is of the essence.