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THREE STORY TOWNHOME
– Rented for $2,000/Month –
3006 DARBY STREET EAST
South of Mill Road
Baltimore City, MD 21211
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.
3006 Darby Street East, also known as E. Darby Street, is located in a unique pocket at the southern tip of Hampden. E. Darby Street runs north from S. Darby Street, an extension of Elm Avenue. In conjunction with Mill Road, the collection of streets creates a more secluded destination location with ample parking. Mill Centre is located immediately east, and Mill No.1 is located a short distance south. The location is convenient to the Avenue (Hampden’s main street corridor), Remington, Woodberry and Charles Village. The location fosters an excellent combination of niche neighborhood living while retaining great access to the entertainment, shopping, dining and employers for which the area is known. The property is also located within the Hampden Historic District, providing an opportunity for CHAP tax credits.
Lot size – 13’6″ X 84’3″, according to public tax records. See plat for full dimensions.
Rear alley access with off-street parking potential
Zoned R-7, Residential
All public utilities
Three story brick inside-group townhome – constructed in 1880, containing 1,400 square feet of living area and 420 square feet of mostly finished basement space. The home features basement access at grade in the front, original wood floors, exposed brick, covered front porch, updated kitchen and baths. The home is arranged for 4 bedrooms, 2 full baths, office/bonus room, living room, dining room and kitchen. Gas forced air heat and central air conditioning.
The home is currently rented for $2,000/month, on a month-to-month basis.
Subject to a $78 annual ground rent (due in semi-annual installments on 1/12 & 7/12); sold free and clear of liens.
Published annual real estate taxes are $3,951.41, based on a full value assessment of $167,433.
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $12,500 deposit, or ten percent (10%) of the Purchase Price (whichever is greater), payable by 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, 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. A 5% buyer’s premium will be added to the final bid price.