7,440 SqFt
7,440 SqFt
Open House
Mon Sep 08, 12:30pm - 12:30pm
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 7,440 sqft
Price per Sqft $80
Subdivision Auchentoroly Terrace
MLS Listing ID MDBA2182072
Year Built 1900
Annual Tax Amount $22,468
Tax Year 2024
Lot Size 7,440 Sqft
Acres 0.17
Lot Dimensions 62X120
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
GUIDED TOUR MONDAY SEPTEMBER 8TH STARTING @ 12:30 PM
A great opportunity to purchase a multifamily apartment building on a .17+/- Acre Lot. The buildings are configured with 14 residential 1 bedroom 1 bath apartment units and 3 garage spaces. The exterior of the buildings are brick and stucco. The property is zoned R-7.
Location: The property is located along the south side of Auchentoroly Ter and north of Reisterstown Rd. It is conveniently located near Mondawmin Mall which gives easy access to shopping, restaurants and retail establishments. There are bus stops nearby.
**Current Gross Monthly Rent of $4,475**
**Current Gross Annual Rent of $53,700**
Per the seller:
**Potential Gross Monthly Rent of $17,100**
**Potential Gross Annual Rent of $205,200**
1611 B: Vacant (1BR/1BA)
1611 1E Vacant (1BR/1BA)
1611 1W Vacant (1BR/1BA)
1611 2E Vacant (1BR/1BA)
1611 2W Vacant (1BR/1BA)
1611 3E Vacant (1BR/1BA)
1611 3W Vacant (1BR/1BA)
1613 B: Vacant (1BR/1BA)
1613 1E Vacant (1BR/1BA)
1613 1W Rented for $1,350/month (1BR/1BA)
1613 2E Rented for $1,775/month (1BR/1BA)
1613 2W Vacant (1BR/1BA)
1613 3E Vacant (1BR/1BA)
1613 3W Rented for $1,350/month (1BR/1BA)
Garage A Vacant
Garage B Vacant
Garage C Vacant
Unit features: Each unit is separately metered for gas and electric and is self contained with it's own gas forced air furnace and water heater. The vast majority of the vacant units have been turned and most are tenant ready with some finishing touches.
Location
State MD
County Baltimore City
Zoning R-7
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling None
Heat Source Natural Gas
Exterior
Garage Spaces 3.0
Water Access N
Accessibility 2+ Access Exits
Total Parking Spaces 3
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0313053235 019
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Auction
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