"Hollins-Roundhouse National Historic District"

A $3,000 deposit, or ten percent (10%) of the Purchase Price (whichever is greater), in a cashier’s check to be delivered to the Auctioneer’s office at 6500 Falls Road, Baltimore, MD 21209, or sent by wire transfer, by 4 P.M. on the day of auction. When you register for an online auction, a “ping” will be placed on your credit card and immediately voided, you will not be charged the deposit amount. A 5% or $2,500 buyer’s premium, whichever is greater, will be added to the final bid price. For complete Terms Of Sale, see the Summary Terms Of Sale at the bottom of this page and please see the Sample Contract.

$10,000 Opening Bid

HOLLINS – ROUNDHOUSE
National Historic District

TWO STORY ROWHOME
– Needing Full Renovation –

Known As:
856 LEMMON STREET
Between Parkin and Scott Streets
Baltimore City, Maryland 21201

BIDDING OPENS:
TUESDAY, DECEMBER 3, 2024

BIDDING CLOSES:
THURSDAY, DECEMBER 5, 2024
AT 1:45 P.M.

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:
856 Lemmon Street is located in the Hollins Market neighborhood in southwest Baltimore City, at the corner of the Pigtown and Barre Circle neighborhoods. The property is within a few blocks of the B&O Railroad Museum and several facets of the University of Maryland Baltimore Campus, including Biotech Park, Hospital, Medical School, Law School, School of Social Work and more. The immediate historic district is known as the Hollins – Roundhouse National Historic District, with reference to the B&O Railroad roundhouse building located two blocks west. Hollins Market, the Stadium Complex, Warner Street Entertainment District and Convention Center area are also in close proximity. The location has easy access to a number of major commuter routes, including I-395, I-95, MD-295, US-40 and US-1. The auction provides an opportunity to purchase a property needing renovation in one of Baltimore’s most convenient and historically pertinent locations.

For more information about the area, please visit:
Neighborhoods – livebaltimore.com
CityView Map – cityview.baltimorecity.gov
Community Development Map – cels.baltimorehousing.org

SITE:
Rectangular lot – 15′ x 43′, more or less. Plat

All public utilities

Zoning R-8, residential

IMPROVEMENTS:
Two story brick rowhome – according to public tax records, the home was constructed in 1900 and contains 732 square feet of living area. Actual age of the home is believed to be older. Needs full renovation.

Sold subject to Vacant Building Notice Number 1893135A

TITLE:
In fee simple; and sold free and clear of liens. Deed liber MB 19587, folio 359.

TAXES:
Published annual real estate taxes are $1,529.28 based on a full value assessment of $64,800.

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $3,000 deposit, or ten percent (10%) of the Purchase Price (whichever is greater), in a cashier’s check to be delivered to the Auctioneer’s office at 6500 Falls Road, Baltimore, MD 21209, or sent by wire transfer, by 4 P.M. on the day of auction. Deposit funds shall be held by A. J. Billig & Co., LLC. 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 contract to date of settlement. All adjustments, including taxes, ground rent and all other public charges and assessments payable on a monthly or annual basis, and sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of contract 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. The Property will be sold subject to Baltimore City violation notices. Purchaser assumes the risk of loss from the date of contract 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. 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. A 5% or $2,500 buyer’s premium, whichever is greater, will be added to the final bid price.