"Fallstaff - Northwest Baltimore City"

Live Auction Bidders – a $15,000 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 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. 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 5% 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.

Featuring Live & Online Simulcast Bidding
– $125,000 Opening Bid –

FALLSTAFF
– Northwest Baltimore City –

DUPLEX
BUNGALOW
– $25,140 Gross Annual Rent –

Known As
7118 PARK HEIGHTS AVENUE
Baltimore City, MD 21215

Online Bidding Opens
MONDAY, APRIL 28, 2025

Live Onsite Auction
WEDNESDAY, APRIL 30, 2025
AT 1:00 P.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:
7118 Park Heights Avenue is located in the Fallstaff neighborhood of northwest Baltimore City. Surrounding neighborhoods include Cross Country, Glen and Reisterstown Station. The immediate neighborhood is comprised of a mix of rowhomes, single family homes and apartment buildings. Situated on Park Heights Avenue, the property has convenient access to local restaurants, grocery stores, golf courses, country clubs and retail shopping in Baltimore City and Pikesville. There are dozens of houses of worship within walking distance. For nature lovers, there are several trails and parks near the building that can provide residents with relaxing views and an escape from the bustle of city life.

For more information about the area, please visit:
CityView Map – cityview.baltimorecity.gov
Neighborhoods – livebaltimore.com

SITE:
Rectangular Lot – 55′ x 92’10”, comprising 0.12 acre. Plat

2 – 3 vehicle off-street parking

Partially fenced rear yard

Zoning – R-5, residential, approved for two dwelling units

All public utilities

IMPROVEMENTS:
Bungalow, constructed in 1924, contains 1,139 square feet of living area and 759 square feet of basement space, according to public tax records. The home is arranged for 2 two-bedroom and bath units. Both units are lead free with separate gas and electric meters. New roof.

Unit 1:
Leased through 11/30/25 to a 2-year tenant for $1,050 per month

Living room – vinyl plank flooring
Kitchen – tile flooring
Bedroom – vinyl plank flooring
Bedroom – vinyl plank flooring
Bathroom – tile flooring
Basement access

Basement/Mechanicals:
Electric water heater 50 gallons
Washer/Dryer area
100 amp electrical
Gas forced air heat and central air conditioning
Sump pump

Unit 2:
Leased through 9/30/25 to a 10+ year tenant for $1,045 per month.

Foyer – vinyl plank flooring
Kitchen – tile with large pantry
Bedroom – vinyl plank flooring and ceiling fan
Bedroom – vinyl plank flooring and ceiling fan
Bathroom – tile flooring with tub
Mechanical room with washer/dryer – tile flooring

Mechanicals:
100 amp electrical panel
Gas water heater
Gas forced air
Central air conditioning

TITLE:
In fee simple; sold free and clear of liens. Baltimore City Deed Book Liber FMC 15731, folio 307

TAXES:
Published annual real estate taxes are approximately $3,410.20, based on a full value assessment of $144,500.

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

Live Auction Bidders – a $15,000 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 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. All adjustments, including taxes, rents, 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. Security deposits, if any, shall be adjusted at the time of settlement. The Purchaser agrees to waive the right of inspection for lead paint, as provided under current Federal and State law. The Seller makes no representations or warranties as to the condition of the Property or any improvements thereon and Purchaser acknowledges and agrees to purchase the Property in its “AS IS/WHERE IS” “WITH ALL FAULTS” condition and basis, subject to the existing leases of the tenants in place, all easements, agreements, restrictions or covenants of record, zoning, and all laws, regulations, and governmental rules affecting same, if any. Purchaser assumes the risk of loss from the date of contract forward. 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.