REAL ESTATE AUCTION featuring ON SITE and SIMULCAST BIDDING!! Online Bidding Opens - Monday, June 30, 2025. Live On Site Auction - Wednesday, July 2, 2025 at 11:00 AM. List price is opening bid only. The auction provides an opportunity to buy an income producing asset in a location that has been steadily increasing in demand for several years. The storefront lease is through 2027 with rent increases built into the lease. The apartment lease is month-to-month, giving the buyer flexibility to renegotiate and increase rents. Storefront is rented for $1,292.27 per month. Lease is through April 30, 2027. There is a 2.5% rent increase every year. Apartment is rented for $875 per month including water. Long term (10+ years) tenants are month- to-month.
MLS # | MDBA2170764 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active-bright |
Year | 1900 |
Days On Site | 13 |
Listing Provided By | A.J. Billig & Company | Luis H Arrazola |
Units | 2 |
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Zoning | OR-1* |
Acreage | 0.02 |
Cooling | Other |
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Heating Yes / No | Yes |
Heating | Other |
Construction Materials | Brick |
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Garage Yes / No | No |
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Sewer | Public Sewer |
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Tax Year | 2024 |
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Tax Annual Amount | 3894 |
Tax Lot | 042A |
State | MD |
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County | BALTIMORE CITY MD |
City | BALTIMORE |
Zip Code | 21218 |
Area | BALTIMORE CITY MD |
School District | BALTIMORE CITY PUBLIC SCHOOLS |
Listing VS Median (in 21218) | |
Price: $75,000 low | high Med: $227,900 On site: 13 low | high Med: 32.000000 |