"Little Italy"

Live Auction Bidders – A deposit of $20,000, payable by cashier’s check, will be required of the purchaser at time and place of sale. That deposit must be increased by the purchaser to 10% as necessitated by price by 12 Noon on Monday, October 20, 2025.

Online Auction Bidders – A deposit of $20,000 or 10%, whichever is greater, payable by cashier’s check or wire transfer, is required of the purchaser by 4 P.M. on the day of the 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 6% buyer’s premium 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.

Live Onsite & Online Simulcast Bidding
– Opening Bid: $150,000 –

ATTORNEY-IN-FACT SALE

LITTLE ITALY

THREE STORY
END-OF-GROUP BUILDING
3,550 Sq. Ft. GBA ● Zoned C-1 ● Garage
Formerly Storefront & 3 Apartments

Known As:
1021 STILES STREET
Corner Lloyd Street
Baltimore City, Maryland 21202

Online Bidding Opens
WEDNESDAY, OCTOBER 15, 2025

Live Onsite Auction
FRIDAY, OCTOBER 17, 2025
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.

GENERAL INFORMATION:
1021 Stiles Street is a three story corner building located in Baltimore’s well-known Little Italy neighborhood near Downtown Baltimore and Harbor East. The building sits prominently at the corner of Stiles Street and Lloyd Street near Central Avenue. Significant development is and has been ongoing in the area for the past several years. The building was used at one time as a beauty shop and three apartments, but has been most recently used as a single family residence. The property is well situated to be renovated for continued single family use, or redeveloped as a commercial, multifamily or mixed use property.

LOCATION:
The property is located in the Little Italy neighborhood in Baltimore. Surrounding neighborhoods include Harbor East, Inner Harbor, Downtown, Perkins and Fells Point. Little Italy is strategically situated close to commuter routes, destination locations and major employers. President Street (three blocks west) provides immediate access to I-83, Central Avenue (one block east) provides good access to US-40, and Eastern Avenue (2 blocks south) is a major east-west thoroughfare for traffic throughout the southeast Baltimore area. The National Aquarium in Baltimore, Pier Six Concert Pavilion, Power Plant entertainment district, Broadway Market, Baltimore Waterfront Promenade, Frederick Douglass-Isaac Myers Maritime Park and Historic Fells Point are all within a few blocks. Johns Hopkins Hospital, Constellation Energy, T. Rowe Price and a number of other very large employers are all nearby.

Significant development has been ongoing in the area, including the 12 acre redevelopment of Perkins, which comprises a mix of affordable and market-rate apartments, townhomes, retail, public park and a school. Other projects along Central Avenue and Broadway complement the vast developments at Harbor East and Harbor Point that have been ongoing for the past twenty plus years.

For more information about the area, please visit:
Live Baltimore – livebaltimore.com
CoDeMap – cels.baltimorehousing.org
CityView Map – cityview.baltimorecity.gov
Little Italy – baltimore.org

SITE:
Lot size: 20′ x 75′, comprising 3,500 square feet, more or less, according to public tax records

Fronts 20′ on Stiles Street and 75′ on Lloyd Street. Curb cut (access to garage) on Lloyd Street.

Zoned C-1, commercial, approved as one dwelling unit. Formerly approved for three dwelling units and beauty shop.

Block Plat

CELS Map

CityView Map

IMPROVEMENTS:
Three story end-of-group brick building – constructed in 1900, containing 2,950 square feet above grade and 600 square feet of basement space, according to public tax records. The property has been well-maintained, but is in need of updating and cosmetic repair.

Exterior features include a garage, two story recessed porch, steel fire escape, replacement windows, multiple exterior entrances and flat built-up roof. Interior features include hardwood floors, plumbing for multiple kitchens, common access hallway (interior access to all levels), 4 existing electric meters and 3 existing gas meters.

The property is arranged as follows:

First Floor –

• Living room – wood floor
• Dining room/bedroom – wood floor
• Utility closet – plumbed with ceramic tile
• Partial kitchen – laminate floor, walk-out to side patio
• Full bath
• Center hall with ceramic tile floor

Second floor –

• Kitchen – laminate floor
• Dining room – wood floor
• Non-contiguous bathroom – separate powder room and shower areas
• Bedroom – wood floor
• Pass-through bedroom or office
• Bedroom
• Laundry area
• Full bath – ceramic tile floor and surround, shower/tub combo

Third Floor –

• Kitchenette and living room combination – laminate floor
• Bedroom – wood floor
• Full bath

Basement/Mechanical

• Unfinished basement – interior and exterior cellar access
• Gas fired boiler
• Gas hot water heater

Note: According to the seller, the property has galvanized pipes, dated wiring, some moisture entering the basement and should otherwise be treated as renovation required. Disclosure/disclaimer statement to be included with sample contract of sale.

TITLE:
$40 annual ground rent; sold free and clear of liens.

TAXES:
Current annual real property taxes are $6,935.26 based on a full value tax assessment of $293,867.

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.

Live Auction Bidders – A deposit of $20,000, payable by cashier’s check, will be required of the purchaser at time and place of sale. That deposit must be increased by the purchaser to 10% as necessitated by price by 12 Noon on Monday, October 20, 2025.

Online Auction Bidders – A deposit of $20,000 or 10%, whichever is greater, payable by cashier’s check or wire transfer, is required of the purchaser by 4 P.M. on the day of the 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, if any. 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. 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 6% buyer’s premium will be added to the final bid price.