"Shipley Hill"

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% or $3,000 minimum 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.

$10,000 OPENING BID

SHIPLEY HILL

TWO STORY
CONDOMINIUM UNIT
2 Bedrooms ◊ 1 Bathroom

Known As:
2540 W. LOMBARD STREET, UNIT C
Near S. Franklintown Road
Baltimore City, Maryland 21223

BIDDING OPENS:
MONDAY, AUGUST 31, 2026

BIDDING CLOSES:
WEDNESDAY, SEPTEMBER 2, 2026
AT 11:00 AM

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:
Two story condominium unit featuring two bedrooms, bathroom, and central air conditioning. The unit is part of a six unit condominium association that is in a forfeited state. Owner occupied for more than 30 years, the property has been well maintained and offers buyers an opportunity to acquire a move-in ready unit with strong rental potential.

LOCATION:
2540 W. Lombard Street Unit C is located in the Shipley Hill neighborhood of West Baltimore. Neighborhood housing predominantly consists of two story brick townhomes. This property is within walking distance of Grace Medical Center as well as the Westside Shopping Center and parks. With a bus line one block away, and access to Rte. 40 less than one half-mile north, this location provides an easy commute to employment centers and attractions of Downtown Baltimore City.

For more information, please see:
Live Baltimore – livebaltimore.com

SITE:
Zoning R-8, residential

All public utilities. Common water bill among building owners.

IMPROVEMENTS:
Two story condominium unit, constructed in 1900, comprising of 1,021 square feet of living area, according to public tax records. The building where the unit is located has 3 other condos.

The unit consists of living room and eat-in kitchen with washer/dryer area, on the first floor; reading nook, two bedrooms and bathroom, on the second floor; no basement. Utilities include 100 AMP electrical panel, gas water heater, gas forced air heat and central air conditioning.

CONDOMINIUM FEES:
The unit is part of the Shipley Hill Condominium Regime consisting of a total of 6 units. The condominium association is in a forfeited state and must be revived before conducting business again. No fees are being collected from the Association.

In lieu of the condominium resale documents, the declarations and by-laws of the Condominium Association are available.

TITLE:
Fee Simple; sold free and clear of all liens. Baltimore City Deed Book SEB 1423, folio 389

TAXES:
Published annual real estate taxes are $708, based on a full value assessment of $30,000.

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. All adjustments, including taxes, ground rent, condominium fees 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 settlement 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, and subject to the Declaration and By-Laws of the Shipley Hill Condominium Regime. 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 any right of rescission under the Maryland Condominium Act, having reviewed all applicable documents prior to bidding on the property. 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% or $3,000 minimum buyer’s premium will be added to the final bid price.

Auction Conducted in Collaboration with
Caroline Stamm of AB & Co. Realtors, Inc.