"Riverside - Federal Hill Area"

REAL ESTATE AUCTION

TWO STORY
BRICK TOWNHOME

Sale On Premises
1718 BYRD STREET
Near E. Heath Street
Baltimore City, MD 21230

FRIDAY, JULY 19, 2019
AT 11:00 A.M.

– Suggested Starting Bid: $95,000 –

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:
1718 Byrd Street is located in the Riverside neighborhood in South Baltimore. Surrounding neighborhoods include Federal Hill, Otterbein, South Baltimore and Locust Point. New developments are in close proximity, including 1901 South Charles and 2 E. Wells . The National Federation of the Blind, Thomas Johnson Elementary/Middle School and Riverside Park are all within approximately one block. Riverside Park features a pool, ball fields, playground, exercise stations and an events pavilion. Ample shopping, dining and entertainment options are available nearby, including a newly reopened Cross Street Market and the Stadium Complex. Proximity to I-395, I-95, MD-295 and MARC train service offers easy commuter access to those working throughout the area.

For more information about the area, please visit:
https://livebaltimore.com/neighborhoods/riverside/
https://livebaltimore.com/neighborhoods/federal-hill/

SITE:
Lot – 12′ x 52′, more or less

All public utilities

IMPROVEMENTS:
Two story brick inside-group townhome – constructed in 1900, containing 840 square feet of living area and 360 square feet of partially finished basement space, according to public tax records. The home features vinyl-clad replacement windows, updated kitchen and multiple skylights. Arranged for a living room, dining room, kitchen and bath, on the first floor; two bedrooms on the second floor; partially finished basement with full bath; gas forced air heat and CAC.

TITLE:
In fee simple; sold free and clear of all liens.

TAXES:
Published annual real estate taxes are $4,872, based on a full value assessment of $206,467.

SUMMARY TERMS OF SALE – PLEASE REFER TO THE CONTRACT FOR THE COMPLETE TERMS OF SALE:
A $10,000 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. The deposit shall be increased to 10% of the purchase price by 11:00 A.M., Monday, July 22, at the Auctioneer’s office. 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, 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. Purchaser assumes the risk of loss from the date of contract forward. 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.

No Buyer’s Premium!