0.974 +/- ACRE LOT ZONED RO

PUBLIC AUCTION-ELKTON, MD 
STILL AVAILABLE!

Inspection:  By appointment & 1 hour prior to auction.

Real Estate: This property consists of three- level, cleared, & unimproved lots totaling 0.974 Acres. Zoned for residential/office use. Perfect for single family homes, duplexes, or professional office opportunity. Located in downtown Elkton between High St, Booth St, Locust Ln, & Clinton St. Surrounded on all four sides by city streets. One of the last unimproved lots in the area. Public utilities & natural gas available at site.

Auctioneer’s Note: Minutes away from all major conveniences. Broker co-op invited.

RE Terms: $10,000.00 down in cash, cashier’s check, or certified funds at time of sale. 10% Buyers Premium, Sold AS IS, time is of the essence, 45 days to settle.    

  • RE TERMS$10,000.00 DOWN IN CASH CASHIER’S OR CERTIFIED FUNDS TODAY WITH AWARD OF HIGH BID.

 

  • 10% BUYERS PREMIUM ADDED TO SALE PRICE.

 

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

 

  • SETTLEMENT ON OR BEFORE MARCH 18, 2024; 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:

$1,177.97

Cecil Co., MD