"Winchester" Rental Townhome

14087_riggs2748_front2.jpg

Listing Details

Sold Price
$20,000
Auction Date
Auction Time
10:30 AM
Address
2748 Riggs Avenue, Baltimore, MD, 21216
County
Baltimore City
Neighborhood
Winchester
Scroll down for Complete Details, including: property description and Terms of Sale.

LENDER ORDERED
REAL ESTATE AUCTION

- Baltimore City, MD -

5 - Income Producing
BRICK TOWNHOMES

 

Good Rentals with Leases
& Lead Certificates

 

Sales On Premises
WEDNESDAY, MAY 19, 2010
At the Following Times

AT 10:30 A.M.
2748 RIGGS AVENUE
Off 1100 Dukeland Street
"Winchester" 21216

 
        Two story covered porchfront inside-group brick townhome, containing a living room, dining room, kitchen, 3 bedrooms, 1.5 baths, basement, gas heat; lot size 15' x 110' m/l; subject to an annual $75 ground rent (due semi-annually 4/1 and 10/1). Currently rented for $700/month, lease expires 12/2010.

        BLOCK PLAT (pdf)

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


 

TERMS OF SALE

INSPECTION:
Properties will be available for inspection on day of sale only.


TERMS OF SALE:
A $2,500 deposit on each property, 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 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 purchaser. All adjustments, including rents, taxes, ground rents, 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 settlement and assumed thereafter by the purchaser.  The property will be sold in "AS IS" condition, and subject to easements, agreements, restrictions, leases or covenants of record affecting same, if any, and building violation notices, 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.  Time is of the essence.


NO BUYER'S PREMIUM.


Broker participation is invited.
BROKER REGISTRATION FORM (pdf)