Go Back TuesdayJanuary 17, 2017 — 11:00am
Public Auction Sale
** Opening Bid $20,000 ** Spacious Traditional Style Single-Family Home in the "Garwyn Oaks" Area of Baltimore City
2502 Roslyn Avenue, Baltimore, MD 21216
Location: On the Premises
** Opening Bid: $20,000 **
Exceptional opportunity to purchase a rarely available, spacious traditional style single family home, conveniently located in the "Garwyn Oaks" community of Baltimore City.
The 3-story building is currently being used as a single-family home, but the 2nd and 3rd floors can only be accessed through a separate entrance located at the side of the building. The home had been previously used as a multi-family dwelling and includes multiple gas and electric meters.
The 2,700 +/- sq. ft. home is situated on a 0.15 +/- acre lot which is served by public water and public sewer.
The 1st floor of the home includes a living room, eat-in kitchen, bedroom, full bathroom and an enclosed rear porch.
The 2nd floor includes a living room, sitting room, 2 bedrooms and a full bathroom. As discussed this floor cannot be accessed from the 1st floor. It can only be accessed from a separate entrance located on the exterior of the building.
The 3rd floor includes a sitting room, bedroom, kitchenette and full bathroom. As discussed this floor cannot be accessed from the 1st floor either. It can only be accessed from a separate entrance located on the exterior of the building.
The basement is full and unfinished.
Typical finishes throughout include wood, carpet and tile floors, plaster walls and plaster and drop-tile ceilings.
The home is heated by a gas fired hot water radiator system.
Although in need of renovation, the home has enormous potential!
Do not miss this one!
Please call for a private appointment today.
Ground Rent: Fee Simple
5% Buyers Premium Added To The Hammer Price
Summary of Terms of Sale: A deposit in the form of cash, cashier's check or certified check for $1,500 is due at the time and place of sale. The difference to bring the deposit up to 10% is due 2 business days after the sale in the auctioneer's office. If payment of the additional deposit or the balance of the purchase price is not made within the specified periods, the deposit will be forfeited and the property may be resold at the risk and expense of the defaulting purchaser. Settlement is 45 days from the sale date. All expenses, including real estate taxes, sanitary and/or metropolitan district charges, special assessment and private utility 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, provided, however, that if the Property is improved residential real property, and if Buyer is a first time Maryland homebuyer as defined in MD Tax Property Code §13-203(b), as from time to time amended, who will occupy the Property as Buyer's personal residence, then Seller shall pay the state transfer tax of 0.25% to the extent required by law. 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.
NOTE: Alex Cooper Auctioneers is acting as agent for the Owner in this transaction. Alex Cooper Auctioneers is not acting as agent for the successful bidder. Any buyer-broker is acting as an agent for the successful bidder and is not a sub-agent of Alex Cooper Auctioneers.
** NOTICE TO BUYER: IF YOU ARE CONTEMPLATING FINANCING FOR THIS PURCHASE, APPLICATION MUST BE MADE WITH A LENDER AND TITLE COMPANY NO LATER THAN SEVEN (7) DAYS FROM THE DATE OF THIS SALE.
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.