Buy It Now: $30,000 - "Mondawmin"

Buy It Now: $30,000

TWO STORY
RENTAL TOWNHOME
– $900/Month Rent –

1920 N. PAYSON STREET
Near Walbrook Avenue
Baltimore City, MD 21217

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:
1920 N. Payson Street is located in the Mondawmin neighborhood in West Baltimore. Mondawmin is a short distance southwest of Druid Hill Park, and is bound at the western edge by Coppin State University. The neighborhood is home to several educational institutions in addition to Coppin State. The Mondawmin Mall is at the northern edge of the neighborhood. Public transportation is available nearby, including a Metro Train station within approximately 4 blocks. Nearby properties consist of townhomes, religious buildings, mixed-use and commercial buildings along North Avenue.

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

SITE:
Lot – 14′ x 70′, more or less

Rear patio

Zoning – R8, residential

All public utilities

IMPROVEMENTS:
Two story inside-group brick formstone front townhome – according to public tax records the home was constructed in 1920. Estimated to contain 1,400 square feet of living area, and 700 square feet of basement space. The home is believed to contain 6 rooms (3 bedrooms), bath and basement. Currently rented for $900/month. MDE lead certificate.

ADDITIONAL INFORMATION:
Please complete a Waiver and Confidentiality Agreement form to view the lease.

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

TAXES:
Published annual real estate taxes are $332.76, based on a full value assessment of $14,100.

SUMMARY TERMS OF SALE – PLEASE REFER TO THE CONTRACT FOR THE COMPLETE TERMS OF SALE:
A 10% deposit, payable by certified check or cashier’s check, will be required of the purchaser at time and place of sale. 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, ground rent, 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. 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!