Arranged as Gallery & Apartment
229 N. CURLEY STREET
Corner Orleans Street
Baltimore City, MD 21224
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.
229 N. Curley Street is located in the Ellwood Park – Monument neighborhood in southeast Baltimore City. Surrounding neighborhoods include McElderry Park, Patterson Park and Baltimore Highlands. Several parks are in the immediate area, with Ellwood Avenue Park caddy-corner from the property, Belnor Squares Park (a/k/a Library Square) one block south, and Patterson Park about 3 blocks south and west. Major employment centers in the area include the Johns Hopkins East Baltimore and Bayview Campuses, the ports and marine terminals to the south (Canton, Point Breeze, Dundalk and Sparrow’s Point), several industrial areas to the east and Downtown Baltimore to the west. Proximity to restaurants, shopping and neighborhood services is excellent. For those considering a business or non-profit for the location, exposure is ample, with 23,772 cars per day (AADT) passing along Orleans Street according to MDOT statistics.
Lot size – 14′ x 65′, more or less. Plat
All public utilities
Zoned R-8 Residential
Two story end-of-group brick building – constructed in 1920, containing 1,820 square feet of living area and 700 square feet of basement space, according to public tax records.
The building is arranged as an art studio and gallery on the first floor, and a two bedroom apartment on the second floor. Architectural features include pressed tin ceiling and wood floors. There are 4 entrances on the first floor, with the rear entrance as separate access to the second floor. The property contains two gas and electric meters.
The property could use updating and cosmetic improvements.
In fee simple; sold free and clear of liens
Published annual real estate taxes are $3,011.36, based on a full value assessment of $127,600.
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A 10% deposit, payable by cashier’s check or wire transfer, will be required of the purchaser 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 and 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 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. A 5% buyer’s premium will be added to the final bid price.