COMMERCIAL OFFICE WITH SHOP AND STORAGE; TWO STORY HOUSE WITH TWO RENTAL UNITS ON .40 +/- AC CORNER LOT CONVENIENT LOCATION OFF CATON AVE, I-695

PUBLIC AUCTION – LIGHT INDUSTRIAL ZONING
SOLD $330,000.00!

Inspection:  By appointment & 1 hour prior to auction.

Real Estate:

Office with Shop: One story block building with front entry office space with a storage/utility closet, separate private office, full bath with exit to shop with large garage exterior door and 2 storage closets. An additional storage closet in the back with exterior entrance. Offices have mini split unit heat and air conditioning. Recently rewired, foam insulation and new ceiling installed in office.

Two Unit House:  Two Story home with 2 rental units. Gas fired hot water radiant heat, public water and sewer, new windows. Basement with exterior rear entrance and sump pump. 3 Separate meters for Unit #1, Unit #2 and office.

Unit #1:  Main level has front and back entrances, living room, kitchen, bedroom, potential second bedroom, family room, full bath, sunroom and laundry room w/toilet.

Unit #2:  Front entrance has a staircase to second story with 2 bedrooms with closets, living room, 2 full baths (one in need of repairs), large country kitchen with pantry, gas stove, refrigerator, and pantry. Third level has a storage closet, attic access and two rooms.

Property is subject to restrictions of use. Full restrictions under Documents.

Auctioneer’s Note: Great for contractors, landscapers, small business owners, professional offices, or investment property. Convenient location with quick access off I-695, Caton Avenue.

RE Terms: $15,000.00 down in cash, cashier’s check or certified funds at time of sale. 10% Buyers Premium, Sold AS IS, time is of the essence, 60 days to settle.

Auctioneer: Lynne Zink in association with Jay Edwards & Associates, LLC.

  • RE TERMS$15,000.00 DOWN IN CASH CASHIER’S OR CERTIFIED FUNDS TODAY WITH AWARD OF HIGH BID.

 

  • 10% BUYERS PREMIUM ADDED TO SALE PRICE.

 

  • PROPERTY IS SUBJECT TO RESTRICTIONS OF USE. FULL LIST OF RESTRICTIONS PROVIDED UNDER DOCUEMENTS.

 

  • DEPOSIT HELD IN ESCROW AND APPLIED AGAINST THE PURCHASE PRICE.

 

  • SETTLEMENT ON OR BEFORE DECEMBER 19, 2023; TIME IS OF THE ESSENCE.

 

  • TAXES AND ALL OTHER CHARGES AGAINST THE PREMISES WHICH OCCUR ON AN ANNUAL BASIS ARE ADJUSTED TO THE DATE OF SALE AND ASSUMED THEREAFTER BY THE PURCHASER. 

 

  • NO INTEREST TO BE CHARGED FROM THE DATE OF AUCTION TO THE DATE OF SETTLEMENT.

 

  • THE COST OF ALL-DOCUMENTARY STAMPS, RECORDATION TAX AND TRANSFER TAX IF REQUIRED BY LAW ARE TO BE PAID BY THE PURCHASER. 

 

  • THE PROPERTY IS BEING SOLD AS IS WITH NO WARRANTIES OR GUARANTEES WHATSOEVER OTHER THAN THE TITLE TO THE PROPERTY TO BE FREE AND CLEAR OF ANY LIENS OR MORTGAGES AT SETTLEMENT. AS IS PORTION OF CONTRACT WOULD INCLUDE THE CONDITION OF ANY WELL & SEPTIC SYSTEMS AT OR IN USE ON THE PROPERTY.

 

  • TAXES ON THE PROPERTY FOR THE YEAR 2024 ARE APPROXIMATELY:

$4,236.20

Baltimore City, MD