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Prime Commercial Assemblage Located in "Little Italy/Fells Point"
1427 Bank Street, Baltimore, MD 21231
Aerial View of 1427 Bank Street
Note: This property is being sold individually, as well as an entirety along with 1425 Bank Street and 1429 Bank Street.
Ground Rent: Annual Ground Rent of $83
Click Here For The Full Sale Terms In PDF Format
Prime Commercial property with 14' of road frontage along Bank Street. Total Lot size is 1,126 +/- sq. ft. or 0.03 +/- acres. The lot is zoned B-3-3 Community Commercial, but currently, has a residential use.
The property is improved by a vacant three story 1,255 +/- sq. ft. attached dwelling.
Ground Rent: Annual Ground Rent of $83
Summary of terms of sale: A deposit in the form of cash, cashier's check or certified check for $7,500 is due at the time and place of sale. The difference to bring the deposit up to 10% is due 3 business days after the sale in the auctioneer's office. Settlement is 60 days from the sale date. If payment of the balance of the purchase price or deposit is not paid within the specified period, the deposit will be forfeited and the property may be resold at the risk and expense of the defaulting purchaser. All expenses, including real estate taxes, and sanitary and/or metropolitan district charges, are to be adjusted to date of settlement and assumed thereafter by the purchaser. Cost of all documentary stamps, settlement costs and transfer taxes to be paid by the purchaser. The property will be sold in "As is" condition without express or implied warranty as to the nature and description of the improvements. The property will be sold subject to easements, agreements, restrictions or covenants of record affecting the same, if any. Dimensions and acreage are more or less. Time is of the essence as to the terms of this contract.
Click Here For The Full Sale Terms In PDF Format
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Note: The information contained herein was obtained from sources deemed reliable, but is offered for informational purposes only. The Auctioneer, the Sellers, and their respective agents and representatives do not make any representations or warranties with respect to the accuracy of the information contained herein. Prospective purchasers are urged to make their own inspection.




