Features & Amenities

Interior

Area & Lot

  • Lot Size(acres)

    0.04

  • Property Type

    Commercial Sale

Exterior

  • Garage

    No

  • Construction Materials

    Other

  • Parking

    Other

Financial

  • Sales Price

    $400,000

  • Tax Amount

    11183.0

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Location

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BALTIMORE CITY

Elementary School

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Listing Courtesy of Matthew S Cooper , Alex Cooper Auctioneers, Inc.

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*Guided Tour on Wednesday, April 9, 2025 to begin promptly at 11:00 AM*
List price to be opening bid at online only auction.  Online auction to be conducted on Auctioneers website.  Bidding begins Thursday, April 10th & ends Tuesday, April 15th, 2025 at 1:00PM. Improved by a 4,245+/- SF (Including basement) Mixed Use Building.  The building currently has 5 of the 6 units leased. The property is zoned C2 and is located within the Enterprise zone.   Unit 1 is a 1BR/1BA apartment currently vacant. Unit 2 is a 1BR/1BA apartment rented for $1,500/month. Unit 3F is a studio apartment rented for $1,000/month. Unit 3R is a studio apartment rented for $900/month. Unit 4 is a studio apartment rented for $900/month. The basement unit is a commercial unit rented for $1,500/month. 
There are 2 parking spaces which are not assigned and could be used for additional income. Current Gross Monthly Rent: $5,800. Current Gross Annual Scheduled Rent: 69,600.  Potential Gross Monthly Rent:$7,300. Potential Gross Annual Rent: $87,600.  Unit #1 and the commercial unit use gas and electric, the rest are electric only.   Features include: • 7 separate meters • Central AC for the basement and first floor
• New HVAC systems • Washers/Dryers in unit • Granite counter tops • All residential units have been renovated • New roof in 2022

Discover CHARLES

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