Remarks

List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Friday, August 23rd & ends Wednesday, August 28th, 2024 @ 1:00 PM.. A great opportunity to purchase an 18 Unit SF multifamily apartment building on a .31+/- Acre Lot. The building is configured with 14 residential 1 bedroom 1 bath units, two 2 bedroom 1 bath units, two 3 bedroom 1 bath units and 7 garage spaces. The property is zoned R-4. Additional photos of 9 units and other photos of the property can be found by found in the link section of auctioneer's site. Location: Howard Park. Boasts urban- suburban living with a golf course in their back yard, and easy access to downtown and county attractions, major roadways and modes of transportation, commercial and recreational outlets and public and private schools. Tree lined, quiet streets, open green space with long-term home ownership—truly a find! Howard Park, located near the Northwest Baltimore city-county line, is bounded by Powder Mill Stream/Liberty Heights Ave./Rogers Ave/Post Rd./Oakford Ave./Granada Ave./Forest Park Ave./Royal Oak Ave./Purnell Dr./City Line/Powder Mill Stream. **Current Gross Monthly Rent of $7,623** **Current Gross Annual Rent of $91,476** Per the seller: **Potential Gross Monthly Rent of $24,000** **Potential Gross Annual Rent of $288,000** Currently 7 of the units are occupied, 11 vacant and 1 of the garages are rented. Utilities: All units are separately metered for electric & gas. Landlord pays for water/sewer and hot water.

Details

MLS#: MDBA2133678
Price: $800,000

Year Built: 1960

County: BALTIMORE CITY
Tax Fee: 28884.0