Pimlico Race Track Area

2 Story, Stone Porch
(2- Self Contained Apartments)

Sale On Premises
(Off 2927 W. Belvedere Ave.)
Baltimore, MD 21215

MONDAY, JULY 25, 2005
AT 2:00 P.M.



       Two story, covered stone porchfront home contains 2 licensed apartments. 1st Floor: living room with brick fireplace, kitchen with walk out to 1-story garage and fenced rear yard, bedroom and bath; 2nd floor: living room, kitchen, 2 bedrooms and bath. Partially finished basement with powder room and walk out. Separate gas furnaces and meters. Registered in Lead Paint Program. Windows installed about 5 years and roof within the last 6 months. Units were rented for $500.00 each per month. Lot: 21' 7" X 90'. In Fee Simple.

       TERMS OF SALE: A deposit by certified check or cashier's check of $4,000.00 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 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 as of date of sale. All other public charges and assessments payable on an annual basis including sanitary and/or metropolitan district charges to be adjusted for the current year to date of sale and assumed thereafter by the purchaser. The property will be sold in an "AS IS" condition, without express or implied warranty as to the nature and description of the improvements as contained herein. 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. The purchaser agrees to waive the right of inspection for lead paint as provided under current Federal and State Laws. Cost of all documentary stamps and transfer taxes to be paid by the purchaser. TIME IS OF THE ESSENCE.

No Buyer's Premium.