"Mondawmin" Freestanding One Story Brick Building Formerly Used as a Beauty Salon

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Listing Details

Sold Price
$45,000
Auction Date
Auction Time
12:00 PM
Address
2048 N. Bentalou Street, Baltimore, MD, 21216
County
Baltimore City
Neighborhood
Mondawmin
Scroll down for Complete Details, including: property description and Terms of Sale.

Louis J. Weinkam, Jr., Attorney
Weinkam & Weinkam, P.A.
1002 Frederick Road
Catonsville, Maryland 21228

GUARDIAN'S SALE

 

MONDAWMIN
One-Block From Coppin State University

 

Freestanding, One Story
BRICK BUILDING
- Formerly Used as a Beauty Salon -

Sale On Premises
2048 N. BENTALOU STREET
Known as “Victory Salon of Beauty”
Off 2300 Windsor Avenue
Baltimore City, MD 21216

WEDNESDAY, NOVEMBER 20, 2013
AT 12:00 NOON


    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 Mondawmin neighborhood in west Baltimore City. Included within the neighborhood borders are Coppin State University, Mondawmin Mall, The William S. Baer School and other educational campuses, all located immediately to the north and west of 2048 N. Bentalou Street. In addition to the previously mentioned educational and commercially oriented properties, the neighborhood contains townhomes, apartments and small retail buildings. Shopping, dining and public transportation are readily available.


2048 N. Bentalou Street is situated among a collection of covered porchfront townhomes. The property is arranged for a beauty salon, and is bounded on either side by vehicle accessible alleys. The rear of the property is well situated for off-street parking. The arrangement and location of the building make it suitable for any number of different uses. Buyers are encouraged to research the property use in conjunction with current and prospective zoning.


For more information about Mondawmin, please see:

http://livebaltimore.com/neighborhoods/mondawmin/#.UmbcJXCbND0

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


SITE:

Irregularly shaped, four sided lot fronts 42.52 feet on N. Bentalou Street, and comprises a total of 2,376.66 square feet


Zoning: R-7, residential, non-conforming use for salon and clothing store


Public water, sewer, gas, electricity, telephone


BLOCK PLAT (pdf)


DEED WITH METES AND BOUNDS DESCRIPTION (pdf)


IMPROVEMENTS:

Single story brick and masonry building features multiple front, side and rear entries. The building is arranged for a salon laid out in two interconnecting sections as follows:


Left Section - laminate floors throughout

  • Reception and cashier desk
  • 3-4 hair stations
  • 6 dryer chairs
  • 2 wash basins
  • Storage closet


Right Section - laminate floors throughout

  • 3 hair stations
  • 5 dryer chairs
  • 2 wash basins
  • Manicure desk
  • Powder room
  • Storage closet


Rear Utility Room

  • 40 gallon gas fired water heater
  • Gas forced air furnace/CAC
  • 100 amp electric
  • Washer/dryer hook-ups


TITLE:

In fee simple;  and sold free and clear of all liens.


TAXES:

Published real estate taxes for 2013-2014 are $944, based on a full value assessment of $40,000


INSPECTION:

The building may be inspected one hour prior to the auction


FINANCING:

See our Financing Page for a list of auction-oriented lenders.


TERMS OF SALE:

A $2,500 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.  Time is of the essence.


NO BUYER'S PREMIUM!


Louis J. Weinkam, Jr. Guardian for Marian Drake