Remarks

List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Saturday, May 31st & ends Thursday, June 5, 2025 at 12:00PM. Fully Leased 6 Unit Multi-Family Apartment Building in "Mount Vernon" **Current Gross Monthly Scheduled Income Of $9,169**
**Current Gross Annual Scheduled Income Of $110,028* Units: 1A - 1 Bed/1 Bath Rented for $1,399 + $50 Utility Reimbursement & $35 Pet Rent. 1B - 1 Bed/1 Bath Rented for $1,329 + $50 Utility Reimbursement. 2A - 1 Bed/1 Bath Rented for $1,559 + $50 Utility Reimbursement & $35 Pet Rent. 2B - 1 Bed/1 Bath Rented for $1,299 + $50 Utility Reimbursement. 3A - 2 Bed/2 Bath Rented for $1,799 + $90 Utility Reimbursement & $35 Pet Rent. 3B - 1 Bed/1 Bath Rented for $1,349 + $50 Utility Reimbursement. Features include:
• Stainless steel appliances • Granite Counter Tops • In unit Laundry • Hardwood floors • Unit 3A is a duplex. Gallery Auction: A bidding deposit of $15,000 per lot is required for: Lot 1 (107 W. Monument St.), Lot 2 (109 W. Monument St.) If you are interested in bidding on Lot 3, which includes Lots 1 & 2 as an entirety, you would need to add a $30,000 bidding deposit. Manner of Sale: Each property will be offered individually and then offered as an entirety. Auction Lots 1-2 are being offered individually. Then Auction Lots 1 & 2 are being offered as an entirety in Auction Lot 3. The manner of offering that brings the highest price will be the winning bid. Please review and participate in the entirety offering if you are interested in purchasing both properties.

Details

MLS#: MDBA2166158
Price: $450,000

Year Built: 1900

County: BALTIMORE CITY
Tax Fee: 7439.0