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Listed by Matthew S Cooper • Alex Cooper Auctioneers, Inc.
$ 600,000
Est. payment | /mo
$ 600,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDBA2180180
Year Built 1960
Annual Tax Amount $17,393
Tax Year 2024
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Online registration & bidding begins Friday, September 5, 2025 & ends Wednesday, September 10, 2025 at 12:00PM. 13 Unit Brick Apartment Building on a 0.22+/- Acre Lot. Currently 5 of the units are leased. The vacant units have been renovated and photos are available in the external link. **Current gross monthly rent of $6,272** **Current gross annual scheduled rent of $75,504** **Potential gross monthly rent of $20,150**
**Potential annual gross rent of $241,800** Current rent roll: Unit A1: Vacant (1BR/1BA). Unit A2: Vacant (1BR/1BA). Unit A3: Vacant (1BR/1BA). Unit A4: Vacant (1BR/1BA). Unit A6: Vacant (1BR/1BA). Unit A8: Vacant (Studio). Unit A10: Vacant (Studio). Unit B1: Rented for $1,399/month (1BR/1BA). Unit B2: Rented for $1,100/month (1BR/1BA). Unit B3: Rented for $1,390/month (1BR/1BA). Unit B4: Vacant (1BR/1BA)
Unit B6: Rented for $975/month (1BR/1BA). Unit B8: Rented for $1,399/month (1BR/1BA). Key Features:
• Unit Breakdown: 11 One Bedrooms Units and 2 Studios. • Heating/Cooling: Building contains a central boiler with hot water radiators in the units. Cooling is provided by window AC units. • Flooring: Original hardwood flooring throughout as well as vinyl flooring predominately in kitchens and bathrooms. • Utilities:
• Units individually metered electric • Landlord pays for water and sewer • Amenities: On-site laundry facilities.
**Potential annual gross rent of $241,800** Current rent roll: Unit A1: Vacant (1BR/1BA). Unit A2: Vacant (1BR/1BA). Unit A3: Vacant (1BR/1BA). Unit A4: Vacant (1BR/1BA). Unit A6: Vacant (1BR/1BA). Unit A8: Vacant (Studio). Unit A10: Vacant (Studio). Unit B1: Rented for $1,399/month (1BR/1BA). Unit B2: Rented for $1,100/month (1BR/1BA). Unit B3: Rented for $1,390/month (1BR/1BA). Unit B4: Vacant (1BR/1BA)
Unit B6: Rented for $975/month (1BR/1BA). Unit B8: Rented for $1,399/month (1BR/1BA). Key Features:
• Unit Breakdown: 11 One Bedrooms Units and 2 Studios. • Heating/Cooling: Building contains a central boiler with hot water radiators in the units. Cooling is provided by window AC units. • Flooring: Original hardwood flooring throughout as well as vinyl flooring predominately in kitchens and bathrooms. • Utilities:
• Units individually metered electric • Landlord pays for water and sewer • Amenities: On-site laundry facilities.
Location
State MD
County Baltimore City
Zoning C-2
Interior
Hot Water Other
Heating Other
Cooling Other
Heat Source Other
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0327475180 001
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Auction
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Michele Hagan
Salesperson | Lic# 601858