"Upper Fells Point"

Featuring Live & Online Simulcast Bidding
$50,000 Opening Bid

UPPER FELLS POINT

TWO STORY
SHELL TOWNHOME

Known As
203 S. MADEIRA STREET
Off Pratt Street
Baltimore City, MD 21231

ONLINE BIDDING OPENS
FRIDAY, OCTOBER 3, 2025

LIVE ONSITE AUCTION
MONDAY, OCTOBER 6, 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.

LOCATION:
203 S. Madeira Street is located in the Upper Fells Point neighborhood of East Baltimore City. Surrounding neighborhoods include Fells Point, Canton and Butcher’s Hill. The property is situated half a block away from Patterson Park, which features an array of recreational opportunities in addition to the scenic paths, pond and Pagoda. Fells Point, Canton and Harbor East waterfront areas are to the south, each of which feature an ample variety of dining, shopping and entertainment. The Johns Hopkins Hospital East Baltimore Campus is roughly 6 blocks to the north. Other major employers are also within close proximity. The Jones Falls Expressway (I-83) is about 1 mile northwest, and I-95 is a little over 2 miles east.

For more information about the area, please see:
Upper Fells Point – livebaltimore.com

SITE:
Lot size: 10’6″ x 45′. Plat

R-8 Zoning

All public utilities

IMPROVEMENTS:
Two story inside group shell townhome, built in 1911, containing 601 square feet of living area with no basement, according to public tax records. Previously arranged for two bedrooms, bathroom, living area and kitchen. The home has been gutted and includes a partially framed single story bump out in the rear.

A full renovation is required.

TITLE:
In fee simple and sold free and clear of all liens. Baltimore City Deed Book Liber XAC 27417, folio 148.

TAXES:
Published annual real estate taxes are $3,210.38 based on a full value assessment of $136,033.

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

Live Auction Bidders – a $7,500 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 within 24 hours at the Auctioneer’s office.

Online Auction Bidders – a 10% deposit, payable by cashier’s check or wire transfer, will be required of the purchaser by 4:00 p.m. on the day of auction, 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, 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 5% buyer’s premium will be added to the final bid price, subject to a minimum fee of $2,500.