"West Baltimore - Midtown-Edmondson"

ABSOLUTE AUCTION
To The Highest Bidder Over $2,500!

“Midtown – Edmondson”

Two Story End
TOWNHOME
– Formerly Used as Beauty Shop –

Sale On Premises
1926 W. MOSHER STREET
Baltimore City, MD 21217

WEDNESDAY, AUGUST 16, 2017
AT 10:30 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.

LOCATION:
1926 W. Mosher Street is located in the Midtown-Edmondson neighborhood in West Baltimore. The property is convenient to the West Baltimore Marc station, which is just a few blocks to the south. Downtown Baltimore is easily accessible via Route 40, and several bus routes are within walking distance. Surrounding properties are comprised primarily of brick townhomes.

For more information about Baltimore City neighborhoods, please visit:
http://livebaltimore.com/neighborhoods/

SITE:
Rectangular lot 15′ x 80′, more or less

Zoning R-8, residential

All public utilities

IMPROVEMENTS:
Two story brick end-of-group townhome – according to public tax records, the building was constructed in 1920, and features some replacement windows, storefront facade and multiple exterior entrances. The property is arranged for storefront and apartment, with the most recent tenant operating a beauty shop on the first floor. The property is in need of updating and cosmetic repair.

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

TAXES:
Published annual real estate taxes are $283.20.

TERMS OF SALE:
A $2,500 deposit, payable by certified check or 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 within 24 hours at the Auctioneer’s office. 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, 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!