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3500-3504 Liberty Heights Ave 14 Unit Apartment Building $850,000 ($60,714/Unit) Baltimore, MD 21215
EXECUTIVE SUMMARY
List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Saturday, October 25 & ends Thursday, October 30, 2025 at 1:00 PM.
Fully Leased 14 Unit Lead Free Apartment Complex With 5 Garages and Leasing Office in the "Ashburton" Neighborhood of Baltimore City **Current Gross Annual Scheduled Rent Of $237,192
The units are separately metered for gas and electric. Heating and cooling is provided by central HVAC system for each unit. Cooking fuel is gas.
Typical improvements in each unit include hardwood floors, renovated kitchens with granite counter tops and tile floor, washer dryer in unit and recessed lighting.
Current Gross Monthly Scheduled Rent: $19,766
Current Gross Annual Scheduled Rent: $237,192
Unit Breakdown:
Twelve 2 bedroom units
Two 1 bedroom units
5 garages
1 Leasing office
The property is comprised of 3 tax ID's:
3500 Liberty Heights: 4 Unit Apartment Building
3502 Liberty Heights: 5 Unit Apartment Building
3504 Liberty Heights: 5 Unit Apartment Building
The information contained herein was obtained from sources deemed to be reliable, but is offered for informational purposes only. Neither the auctioneer or the owner make any representations or warranties with respect to the accuracy of information.
Diligence Package: A copy of the purchase and sale agreement, leases, lead certificate, rental license with assorted addenda 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, October 25 & ends Thursday, October 30, 2025 at 1:00 PM.
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.
Fully Leased 14 Unit Lead Free Apartment Complex With 5 Garages and Leasing Office in the "Ashburton" Neighborhood of Baltimore City **Current Gross Annual Scheduled Rent Of $237,192
The units are separately metered for gas and electric. Heating and cooling is provided by central HVAC system for each unit. Cooking fuel is gas.
Typical improvements in each unit include hardwood floors, renovated kitchens with granite counter tops and tile floor, washer dryer in unit and recessed lighting.
Current Gross Monthly Scheduled Rent: $19,766
Current Gross Annual Scheduled Rent: $237,192
Unit Breakdown:
Twelve 2 bedroom units
Two 1 bedroom units
5 garages
1 Leasing office
The property is comprised of 3 tax ID's:
3500 Liberty Heights: 4 Unit Apartment Building
3502 Liberty Heights: 5 Unit Apartment Building
3504 Liberty Heights: 5 Unit Apartment Building
The information contained herein was obtained from sources deemed to be reliable, but is offered for informational purposes only. Neither the auctioneer or the owner make any representations or warranties with respect to the accuracy of information.
Diligence Package: A copy of the purchase and sale agreement, leases, lead certificate, rental license with assorted addenda 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, October 25 & ends Thursday, October 30, 2025 at 1:00 PM.
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.
PROPERTY FACTS Under Contract
| Price | $850,000 | Building Class | C |
| Price Per Unit | $60,714 | Lot Size | 0.28 AC |
| Sale Type | Investment | Building Size | 12,366 SF |
| No. Units | 14 | Average Occupancy | 83% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1920 |
| Apartment Style | Low-Rise |
| Price | $850,000 |
| Price Per Unit | $60,714 |
| Sale Type | Investment |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 12,366 SF |
| Average Occupancy | 83% |
| No. Stories | 2 |
| Year Built | 1920 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 12 | - | 1,000 |
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PROPERTY TAXES
| Parcel Number | 3104-003 | Improvements Assessment | $104,200 |
| Land Assessment | $65,700 | Total Assessment | $169,900 |
PROPERTY TAXES
Parcel Number
3104-003
Land Assessment
$65,700
Improvements Assessment
$104,200
Total Assessment
$169,900
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3500-3504 Liberty Heights Ave
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