5306 East Dr
Halethorpe, MD 21227

**COMMERCIAL REAL ESTATE AUCTION** AGENTS REPRESENTING BUYERS EARN COMMISSION** STOREFRONT PLUS APARTMENT 5306 East Drive Halethrope, MD 21227 October 26, 2017 at 3pm sharp onsite Don't miss this great opportunity in Baltimore County, outside city limits! 1st floor store currently rented with same tenant for 4 years. Store is 880 square feet and includes 1 bathroom, separate electric, combined gas. All utilities included in store rent. 900 square foot vacant freshly renovated 1 bedroom apartment. The apartment has an open floor plan with refinished hardwood flooring throughout and the central air system is just over a year old. There are new appliances, new floor in the kitchen and bathroom and new paint in the kitchen, living room, dining room and bedroom. The roof is 8 years old with warranty. Current Rent on Retail Space is $ 800 per month. Apartment vacant. Current Expenses - $ 2023 taxes, $ 1100 insurance, $ 2300 gas and electric but can be lower with a control device on thermostat. APARTMENT LOCKBOXED FOR BROKER/REALTOR CONVENIENCE BROKERS SHARE IN COMMISSION EARNED FINANCING IS FINE - 45 DAYS TO SETTLE *NOT A FORECLOSURE* -A $5,000.00 non-refundable deposit in CASH OR CERTIFIED FUNDS is due by the winning bidder day of auction. An 8% buyer's premium will be added to high bid to make up total sale price. Buyer pays all closing. TERMS; The property is being sold AS IS, with no warranties expressed or implied. There are no negotiations or contingencies. The property is being sold with the owner having the right to refuse any bid. There is an 8% buyer's premium being added to the high bid to make up the total sale price for the buyer. If the buyer uses an agent, the agent will share in the commission and receive 2% of the high bid amount. A $5,000.00 Non-refundable deposit must be made auction day in cash or certified funds to insure settlement. The buyer has 45 days to settle and is responsible for all settlement costs. Inspections are allowed at the buyer's expense. The buyer can put no contingencies on inspection outcome or financing outcome.