"Lakeland" Income Property - Two story townhome

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Listing Details

Sold Price
$46,000
Auction Date
Auction Time
12:00 PM
Address
2810 Ganley Drive, Baltimore, MD, 21230
County
Baltimore City
Neighborhood
Lakeland
Scroll down for Complete Details, including: property description and Terms of Sale.

REAL ESTATE AUCTION

7 BALTIMORE CITY
INVESTMENT PROPERTIES

Great Variety

Sales on Respective Premises
WEDNESDAY, SEPTEMBER 10, 2008
At the Following Times

LOCATION MAP & DIRECTIONS
(to all properties)

AT 12:00 NOON
2810 GANLEY DRIVE
Off 2600 Rittenhouse Avenue
"Lakeland" - 21230

Photos of auction property
FRONT VIEW     LOCATION MAP

        Income property - Two story brick inside-group townhome contains a living room, dining room, enclosed porch  and kitchen, on the first floor; three bedrooms and bath, on the second floor. Lot size: 16' x 100', more or less. Subject to an annual $90 ground rent. Currently rented for $800 per month, on a month to month lease. DEPOSIT: $2,500.

 

TERMS OF SALE

        Deposits, as stated above and 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.  All properties except 2542 Oswego Ave. - 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.  2542 Oswego Ave. - 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.


NO BUYERS PREMIUM!

Broker participation is invited.
BROKER REGISTRATION FORM (pdf)