
Description
List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Saturday, November 16th & ends Thursday, November 21st, 2024 at 2:00 PM. A great opportunity to purchase a fully occupied 3-Unit Multifamily apartment building in the Harlem Park neighborhood of Baltimore City. This brick-front building has 4 levels Unit 1 on the main level, Unit 2 on the upper level 1, Unit 3 on upper level 2. The lower level is unfinished and is accessible from Unit 1. Each unit has forced hot air heat and central A/C. **Current Gross Monthly Rent of $3,175** Unit Description (Per the owner): Unit 1 - $1,250/monthly rent - month-to-month rental agreement. 1 bedroom and 1 full bath. Unit 2 - $1,000/monthly rent - month-to-month rental agreement. 2 bedrooms and 1 full bath. Unit 3 - $925/monthly rent - month-to-month rental agreement. 1 bedroom and 1 full bath. Baltimore City Rental Property License: The license expires April 17, 2025. There are separate gas & electric meters for each unit. Tenants pay BG&E, owner pays water.
Description
List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Saturday, November 16th & ends Thursday, November 21st, 2024 at 2:00 PM. A great opportunity to purchase a fully occupied 3-Unit Multifamily apartment building in the Harlem Park neighborhood of Baltimore City. This brick-front building has 4 levels Unit 1 on the main level, Unit 2 on the upper level 1, Unit 3 on upper level 2. The lower level is unfinished and is accessible from Unit 1. Each unit has forced hot air heat and central A/C. **Current Gross Monthly Rent of $3,175** Unit Description (Per the owner): Unit 1 - $1,250/monthly rent - month-to-month rental agreement. 1 bedroom and 1 full bath. Unit 2 - $1,000/monthly rent - month-to-month rental agreement. 2 bedrooms and 1 full bath. Unit 3 - $925/monthly rent - month-to-month rental agreement. 1 bedroom and 1 full bath. Baltimore City Rental Property License: The license expires April 17, 2025. There are separate gas & electric meters for each unit. Tenants pay BG&E, owner pays water.
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