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ABSOLUTE REAL ESTATE AUCTION
– To The Highest Bidder Over $2,500 –
Sale On Premises
2101 McHENRY STREET
Corner S. Pulaski Street
Baltimore City, MD 21223
TUESDAY, MAY 8, 2018
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.
2101 McHenry Street is located in the Carollton Ridge neighborhood in southwest Baltimore City. Surrounding neighborhoods include Union Square, Mount Clare and Millhill. Carroll Park binds the southern end of the neighborhood. The neighborhood is comprised predominantly of townhomes, with some commercial and industrial properties mixed-in. The neighborhood has proximate access to I-95, I-295 and US-40 all via Monroe Street (US-1). The Westside Shopping center, which features a grocery store, restaurants and other businesses, is approximately 2 blocks west.
Lot size: 15′ x 68’2″, more or less
Curb cut on Pulaski Street
All public utilities
Zoned R-8, Residential
Two story end-of-group brick former storefront building. According to public tax records, the home was constructed in 1900. The structure has full lot coverage, including a frame storage building in the rear (potential for off-street parking if removed). Interior square footage is estimated to be 1,860 square feet on the first and second floor, and 930 square feet in the basement. There is one entrance on McHenry Street, and two entrances on Pulaski Street. Needs full renovation.
Current annual real estate taxes are $70.80 based on a full value assessment of $3,000.
In fee simple; sold free and clear of liens.
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. 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, 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!