Buy It Now $15,000 - "Arlington - Pimlico"

Buy It Now: $15,000

TWO STORY
PORCHFRONT TOWNHOME

5208 DENMORE AVENUE
Near W. Belvedere Avenue
Baltimore City, MD 21215

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:
5208 Denmore Avenue is located in the Pimlico neighborhood in northwest Baltimore City. Surrounding neighborhoods include Arlington, Cylburn, Levindale and Central Park Heights. The property is located within 0.5 miles of Pimlico Race Course and 1.6 miles from Cylburn Arboretum. The property is off of W. Belvedere Avenue which has a variety of dining, retail and entertainment options. Major employers in the area include Sinai Hospital (0.8 miles) and Pimlico Race Course. Commuters have easy access to Northern Parkway (0.5 miles), Rogers Avenue Metro Station (1 mile) and I-83 (1.7 miles).

For more information, please see:
https://livebaltimore.com/neighborhoods/

SITE:
Lot – 13’6″ x 100′, more or less

Zoned Residential

All public utilities

IMPROVEMENTS:
Two story brick inside group covered porchfront townhome.

INTERIOR:
First Floor:

• Living room – wood floors
• Dining room – wood floors
• Kitchen – wood floors
• Bonus room – wood floors
• Half bath

Second Floor:

• Bedroom – wood floor
• Bedroom – wood floor
• Bedroom – wood floor
• Full bath – sub floor

Basement/mechanical:

• Unfinished walkout basement
• Full bath
• Previously oil heat; now forced air
• 50/100 amp electric that needs replacing

EXTERIOR:

• Brick exterior
• New flat built up roof (2018)
• Vinyl clad replacement windows

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

TAXES:
Published annual real estate taxes are $496, based on a full value assessment of $21,000.

SUMMARY TERMS OF SALE – PLEASE REFER TO THE CONTRACT FOR THE COMPLETE TERMS OF SALE:
A $2,500 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. 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, 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. A 5% Buyer’s Premium will be added to the final bid price.