1106 Beach Promenade 5 Unit Apartment Building $300,000 ($60,000/Unit) Curtis Bay, MD 21226

Investment Opportunity! Fully Leased 5 Unit on Stoney Creek | Orchard Beach Community in Anne Arundel County.
Investment Opportunity! Fully Leased 5 Unit on Stoney Creek | Orchard Beach Community in Anne Arundel County
Exceptional water view multi-family investment featuring two buildings with five fully leased rental units—each producing steady income. The property offers a proven rental history, a new 2024 roof with transferable warranty, and desirable waterfront frontage on Stoney Creek in the sought-after Orchard Beach community of Anne Arundel County.
Main House
• Unit A: 2 Bedrooms, 1 Bath | Living Room | Eat-in Kitchen
• Rent $1,575 | Lease 5/2023–5/2026 | Rhino policy for security & damage
• Unit B: 2 Bedrooms, 1 Bath | Living Room | Dining Room | Kitchen | Sunroom
• Rent $1,490 ($1,239 HCAAC + $251 tenant) | Lease 7/2022–7/2026 | Security deposit $700
• Unit C: 1 Bedroom, 1 Bath | Living Room
• Rent $1,199 ($875 HCAAC + $324 tenant) | Lease 4/2022–4/2026 | Long-term tenant (~15 years)
Small House
• Unit D: 2 Bedrooms, 1 Bath | Living Room | Dining Room
• Rent $1,391.25 | Lease 5/2023–4/2026 | Rhino policy for security & damage
• Unit E: 1 Bedroom, 1 Bath | Kitchen | Combined Living/Dining Area
• Rent $1,178.10 | Lease 5/2022–4/2026 | Security deposit $1,295
Financial Summary
• Total Monthly Rent: $6,833.35
• Annual Gross Income: $82,000
Utilities
• Main House: Owner pays water, electric, and oil; tenants pay propane (for stove).
• Small House: Owner pays water; tenants pay propane, electric, and oil.
Highlights
• Five total units (3 × 2BR/1BA, 1 × 1BR/1BA, 1 × Studio)
• Approx. 3,445 ± sq ft of living space on 0.28 ± acres
• 50 ± ft of waterfront on Stoney Creek
• Ample off-street parking (6 ± spaces)
• Long-term tenants with timely renewals
• Convenient to Pasadena, Glen Burnie, Baltimore, and Annapolis
Diligence Package: A copy of the purchase and sale agreement and assorted addenda, leases, lead certificates, and rental licenses are located in the documents section. In order to gain access, you must create a free account as well as accept a non-disclosure agreement.
Auction Notes: Online Auction Only! Bidding begins Saturday, November 29th and ends Thursday December 4, 2025 at 12:00PM.
Online Bidding Notes: The initial deposit must be made via credit card, wire transfer or by Cashier's Check. Please review the online bidding terms and deposit transmittal form in the Documents Section for more details. If a lot receives a bid within the last 3 minutes. it will remain open for an additional 3 minutes. If any further bidding occurs, the extension timer will reset to 3 minutes. If no further bidding activity occurs, the lot closes when the timer runs out.