"Southwest Baltimore - Lakeland"

A $5,000 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 date 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.

$40,000 OPENING BID

SOUTHWEST BALTIMORE
“Lakeland”

TWO STORY
TOWNHOME
– 2 Bedrooms & Bath –

Known As:
3040 ELIZABETH AVENUE
Off Marbourne Avenue
Baltimore City, Maryland 21230

BIDDING OPENS:
TUESDAY, JULY 7, 2026

BIDDING CLOSES:
THURSDAY, JULY 9, 2026
AT 11:00 A.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.

GENERAL INFORMATION:
Renovated two story townhome in the Lakeland area of southwest Baltimore City. Arranged for two bedrooms and one bathroom, the house has been updated and requires minor cosmetics to rent out or resell. The home is vacant and ready for inspections. Full terms of sale below.

LOCATION:
3040 Elizabeth Avenue is located in the Lakeland neighborhood of southwest Baltimore City. Surrounding neighborhoods include Cherry Hill, Mount Winans and Westport. The home is near Patapsco Avenue, Hollins Ferry Road, Hammonds Ferry Road, Caton Avenue, Washington Boulevard, the Baltimore Washington Parkway and I-95. Shopping, dining, neighborhood services and public transportation are along Patapsco Avenue and Washington Boulevard. Lakeland provides commuters easy and convenient access to major highways including I-95 (3 miles), I-695 (2.3 miles) and I-895 (0.9 mile). Surrounding homes are comprised predominantly of brick townhomes constructed in the late 1950’s. According to the Baltimore City Public School locator, Lakeland Elementary and Middle School are the neighborhood schools.

For more information about the area, please visit:
Neighborhoods – livebaltimore.com

SITE:
Rectangular lot – 16′ x 101’5″, more or less. Plat

Partially fenced rear yard

Parking potential

Rear alley access

Zoning R-6, residential

All public utilities

IMPROVEMENTS:
Two story inside group brick townhome, constructed in 1958, containing 1,024 square feet of living area with no basement, according to public tax records. The home is arranged for two bedrooms and bathroom. Light cosmetic work required.

EXTERIOR:
Brick facade
Flat built-up roof
Vinyl windows

INTERIOR:
First floor:
Living room – luxury vinyl plank
Eat-in kitchen – luxury vinyl plank with new cabinets and countertops
Mechanical room – gas water heater, gas forced air heat, 100 amp electrical circuit

Second floor:
Bedroom – luxury vinyl plank
Bedroom – luxury vinyl plank
Bathroom – ceramic tile

TITLE:
Sold subject to $90 ground rent; Sold free and clear of all liens. Baltimore City Deed Book XAC 27462, folio 176

TAXES:
Published annual real estate taxes are $2,186.14, based on a full value assessment of $92,633

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $5,000 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 date 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. 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 6% buyer’s premium will be added to the final bid price.