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Go Back ThursdayJanuary 26, 2017 — 11:00am


Public Auction Sale

**Absolute Above $10,000** Building configured as 7 residential units in “Irvington”

3419 & 3433 Old Frederick Rd. Baltimore, MD 21229

Location: On the Premises

Front View

Excellent rehab opportunity for a building in the “Irvington” neighborhood.  The property is currently configured as 7 residential units and is on .26 +/- acres of land.  

Please note the property is in need of extensive rehab.  Also, at this current time the multi-family license has lapsed and is not currently active.

Click here to view a zoning letter from Baltimore City about future authorized uses as an 8 unit apartment building.

The property will be open 1 hour prior to the auction for inspection.

Ground Rent: Fee Simple

10% BUYER'S 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 $5,000 is due at the time and place of sale. If payment of 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. The Purchaser will pay interest on the unpaid portion of the purchase price from date of sale to date of settlement at the rate of 10% per annum. 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 sale 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.

Click Here For The Full Sale Terms In PDF Format


Matthew Cooper Auction Agent
410-977-4711
PLEASE 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.