Description
List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Thursday, July 17, 2025 & ends Tuesday, July 22, 2025 at 1:00 PM. Exceptional opportunity to purchase an apartment building configured as 16 units situated at the southeast corner of Maryland Ave and 21st Street, at the southern tip of the Charles North neighborhood of Baltimore City. It is conveniently located a mere 3 blocks west of Remington, approximately 3 block northeast of Station North, the Jones Falls Expressway (I-83) is less than a mile. The Inner Harbor and the Baltimore Downtown Business District are less than 2 miles of the property. Gross Potential Monthly Rent $20,470. Gross Potential Annual Rent $245,640. Building Units: 10 - 1 Bedroom/1 Bathroom units ($1,150 Market Rent). 4 - 2 Bedroom/1 Bathroom units ($1,300-$1,400 Market Rent). 1 - 5 Bedroom/1 Bathroom unit (Rented for $2,570, Section 8). 1 - Studio ($1,000 Market Rent). *Units 2102 3F & 2102 3R will be occupied in mid-July at $1,150/mth each.* Parcel Size: 0.16 +/- Acres Zoning: C-1 Above-Grade Area: 15,105 +/- Sq. Ft. *While the property is configured as 16 units, the multi-family dwelling license is for 15 units.*
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0BEDS
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0.16ACRES
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0BATHS
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01/2 BATHS
Description
List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Thursday, July 17, 2025 & ends Tuesday, July 22, 2025 at 1:00 PM. Exceptional opportunity to purchase an apartment building configured as 16 units situated at the southeast corner of Maryland Ave and 21st Street, at the southern tip of the Charles North neighborhood of Baltimore City. It is conveniently located a mere 3 blocks west of Remington, approximately 3 block northeast of Station North, the Jones Falls Expressway (I-83) is less than a mile. The Inner Harbor and the Baltimore Downtown Business District are less than 2 miles of the property. Gross Potential Monthly Rent $20,470. Gross Potential Annual Rent $245,640. Building Units: 10 - 1 Bedroom/1 Bathroom units ($1,150 Market Rent). 4 - 2 Bedroom/1 Bathroom units ($1,300-$1,400 Market Rent). 1 - 5 Bedroom/1 Bathroom unit (Rented for $2,570, Section 8). 1 - Studio ($1,000 Market Rent). *Units 2102 3F & 2102 3R will be occupied in mid-July at $1,150/mth each.* Parcel Size: 0.16 +/- Acres Zoning: C-1 Above-Grade Area: 15,105 +/- Sq. Ft. *While the property is configured as 16 units, the multi-family dwelling license is for 15 units.*
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