This Auction has been CANCELED.
Sold prior to the auction.
Featuring Live & Online Simulcast Bidding
– $45,000 Opening Bid –
TWO UNIT TOWNHOME
All Brick – Off-Street Parking
4212 AUDREY AVENUE
Near 5TH Street
Baltimore City, MD 21225
– CANCELED –
Online Bidding Opens
MONDAY, OCTOBER 4, 2021
Live Onsite Auction
THURSDAY, OCTOBER 7, 2021
AT 12:30 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.
4212 Audrey Avenue is located in the Brooklyn neighborhood in South Baltimore. The property is less than one block east of the Anne Arundel County line and the Brooklyn Park neighborhood. Nearby homes are a mix of single family homes, townhomes and duplex townhomes. I-895, I-695, the ports and Downtown Baltimore are all in close proximity, providing excellent access to a number of major employers. Ritchie Highway (MD-2) is a few blocks west, offering ample retail shopping, dining and neighborhood services. Public transportation is also available nearby.
Lot size – 17’10” x 105′, more or less. Plat
Front and rear yards – off-street parking
Zoning R-6, residential, 2 dwelling units.
All public utilities
Two story brick inside-group townhome – constructed in 1943, containing 1,104 square feet of living area and 552 square feet of basement space, according to public tax records. The home is arranged for two dwelling units.
Current gross scheduled rent for Unit 2 is $750/month, or $9,000 per year. Unit 1 was formerly rented for $750/month. Each unit has a full risk reduction MDE lead certificate.
Please complete a Waiver and Confidentiality Agreement form to view the lease and rental license.
Subject to a $90 annual ground rent (due in semi-annual installments on 5/26 and 11/26); and sold free and clear of liens.
Published annual real estate taxes are $1,519.06, based on a full value assessment of $64,367.
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
Live Auction Bidders – a $5,000 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 4:30 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, 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 settlement and assumed thereafter by the purchaser. Security deposits, if any, shall be adjusted at the time of settlement. The property will be sold in “AS IS” condition, and subject to the existing leases of the tenants in place, 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.
No Buyer’s Premium!