





Description
Guided Tour starting promptly at 12:00pm on Wednesday March 31st. Beautifully Renovated (2017) and Fully Leased 6 Unit Building in the "Mount Vernon" Neighborhood of Baltimore City **Current Gross Annual Scheduled Rent Of $85,380** . List price to be opening bid. Online Auction Only! Bidding begins Thursday, April 1st & ends Tuesday, April 6th, 2021 @ 1:00pm. Fully Leased 6 Unit Building in the "Mount Vernon" Neighborhood of Baltimore City. The property is limited lead free. The building and units were renovated in 2017 with new kitchens, appliances, stacked washer/dryers in 4 units, new bathrooms, individual hot water heaters, dual heating and air conditioning wall mounted units, intercom system, all new electrical and plumbing, floor refinishing, new tile work, and replacement windows. There is also a commercial coin operated washer and dryer in the basement. The units have separate gas and electric meters. Note: Units 1F & 1R share hot water and split the gas bill. Unit 1F's electric bill is a portion of the public service electric meter. Unit 1F: Studio apartment rented for $820/month. (Tenant move in date: 1/2018). Unit 1R: 2 bedroom, 2 bath apartment rented for $1,430/month. (Tenant move in date:6/2020). Unit 2F: 1 bedroom, 1 bath apartment rented for $1,300/month.(Tenant move in date: 6/2019). Unit 2R: 1 bedroom, 1 bath apartment rented for $1,270/month.(Tenant move in date: 9/2019). Unit 3F: 1 bedroom, 1 bath apartment rented for $1,400/month.(Tenant move in date: 8/2020). nit 3R: Studio apartment rented for $895/month. (Tenant move in date: 11/2020). All tenants have annual leases. Current Monthly Rent $7,115. Potential Annual Rent $85,380
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Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 17th April, 2021 5:37 PM