1920 W North Ave
Baltimore, MD 21217
2 Unit Commercial Building · Retail Property For Sale

Timed-Online Auction Only: Bidding Begins Friday, November 9th @ 2:00pm and ends Wedneday, November 14th @ 2:00pm. **OPENING BID $20,000** 2 Unit Commercial Building in the "Mondawmin" Neighborhood of Baltimore City **Potential Gross Annual Income Of $16,200** Exceptional opportunity to purchase a 2 unit commercial building with frontage along W. North Avenue located in the "Mondawmin" area of Baltimore City. The property is zoned OR-1/R-MU and is served by public water and public sewer. The first floor unit was previously leased/operated by a convienece store. It is partitioned into a large open area in the front and a smaller room in the rear, plus a restroom. The unit was previously rented for $650/month. The second floor unit was previously leased/operated by a salon. It is partitioned into two rooms plus a kitchenette and includes a full bathroom in the rear. The unit was previously rented for $700/month. The basement is full, unfinished and includes one gas meter, two electric meters, one gas FHA heat system and two gas fired hot water heaters. Potential Gross Monthly Rent (based on previous tenants' rent) = $1,350 Potential Gross Annual Rent (based on previous tenants' rent) = $16,200 The units are separately metered for electric. 2018 Taxes: $495.00 Diligence Package: A copy of the purchase and sale agreement is located in the documents section of the auctioneers website, link below. In order to gain access, you must create a free account as well as accept a non-disclosure agreement. Auction Notes: Timed Online Auction will begin Friday, November 9th @ 2:00pm and end Wedneday, November 14th @ 2:00pm. 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. Online bidding only available using a desktop web browser. Online bidding WILL NOT work using mobile devices and tablets running iOS or Android.