306 Magothy Beach Road, Pasadena, MD 21122 for Sale $650000

This is a large 3 unit multi family property.

Property comes with fully approved architectural drawings, MEP drawings and permits; it is also fully demoed inside. The property has been under construction since it was purchased therefore there will not be a T12. This unit is located OUTSIDE of the downtown historic district as well. This is sold AS IS seller to do no repairs.

This property is in initial default, also known as Pre-Foreclosure.

The homeowner of this property has missed at least one payment and is now considered delinquent. In order to avoid a full foreclosure, the homeowner may be willing to sell this home at an attractive price. No asking price is posted on Pre-Foreclosures because these properties

are not formally listed on the market for sale yet. Instead, the original loan balance is presented. Use this amount, along with local sale price comparables to establish a reasonable offer on this home. Register now to get instant access to complete property details and photos.

This property is Real Estate Owned, or REO.

The property was foreclosed and repossessed by a lender when the owner failed to make payments. A bank is now the owner. Since banks are not in business to own homes, they are usually interested in selling foreclosed homes quickly at attractive low prices. A list price is published but reasonable offers

can be submitted for consideration. Offers can be submitted through the official Listing Agent but in some cases, no agent is listed and offers can be submitted the bank owner directly. Register now to get instant access to complete property details and photos.

ONLINE AUCTION: Online Bidding Begins 01/15 @ 10:00 am.

Bidding Ends 01/17 @ 07:40 pm ATTENTION INVESTORS! ATTENTION INVESTORS +/- 3 Story Multi-Family property located in the Auchentoroly-Parkwood area. Just 1 BLOCK to Druid Hill Park & its many attractions- including The Maryland Zoo, Rawlings Conservatory & Druid Lake. BLOCKS to The Numerous

This property is up for Auction because the owner couldn't make their payments, even after a grace period expired.

This property will be sold to the highest bidder at the location below, or at the county courthouse on the date listed. It is possible to win an auction at an attractive price, especially if few bidders show up. If available, the

This is a fantastic opportunity to purchase a solid and stable 2 unit multi family building.

Quality construction and recently renovated. 6109 offers 2 units with Unit # 1 unit including 1 bedroom, 1 bathroom, kitchen, a family room, and Unit # 2 offering 2 bedrooms, 1 bathroom, kitchen, and a family room. Both units have a rear deck and a wonderful fenced in yard. Outstanding income and a great CAP rate. Schedule your showing today. Thank you for your consideration.