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REAL ESTATE AUCTION
Sale On Premises
2419 FLEET STREET
Corner of Port Street
Baltimore City, MD 21224
WEDNESDAY, AUGUST 23, 2017
AT 2:00 P.M.
– Suggested Opening Bid: $75,000 –
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.
2419 Fleet Street is located in the Canton neighborhood, and is within the Canton National Historic District. The property sits at the corner of Port Street, one block south of Patterson Park and approximately four blocks north of the Baltimore Waterfront Promenade. Restaurants, grocery stores, shops and marinas are all within a short distance. The location offers excellent proximity to all the attractions in Canton, as well as those in the surrounding neighborhoods of Fells Point, Harbor East and Highlandtown.
For more information about Canton, please visit:
Rectangular lot 12′ x 60′, more or less
Walled concrete patio
Zoning R-8, residential
All public utilities
Two story brick formstone front end-of-group townhome – constructed in 1860, and containing 1,128 square feet of living area, according to public tax records. The home is arranged for an open living room/dining, kitchen and laundry room with flush, on the first floor; three rooms and bath, on the second floor. The home is in need of renovation.
$12 ground rent (due in semi-annual installments on 1/1 & 7/1); and sold free and clear of liens.
Published annual real estate taxes are $3,351.20 based on a full value assessment of $142,000.
A $10,000 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. 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!