GALLERY SALE! This is one of Numerous Multi, Single Family & Commercial Investment Properties Throughout Baltimore City. For more information, leases and bidder registration see auctioneer's website. (Link below)
OPENING BID $10,000: Fully Leased & Updated Three Unit Semi-Detached Apartment Building Located in the "Upton" Neighborhood of Baltimore City **Scheduled Gross Annual Rent of $22,800**
NO PRE-AUCTION OFFERS
Exceptional opportunity to purchase a fully leased, updated, 3-Unit Semi-Detached Apartment Building located in the "Upton" Community of Baltimore City.
Unit 1 is rented for $600/month. Move-in Date: 09/01/2015 (currently month to month)
Unit 2 is rented for $650/month. Move-in Date: 09/01/2015 (currently month to month)
Unit 3 is rented for $650/month. Move-in Date: 07/16/2016 (currently month to month)
$22,800 Gross Annual Scheduled Rent.
Unit 1 contains a living room, kitchen, one bedroom and a full bathroom.
Unit 2 contains a living room, kitchen, one bedroom and a full bathroom.
Unit 3 contains a living room, kitchen, one bedroom and a full bathroom.
The basement is full and unfinished.
Finishes include wood, vinyl and ceramic tile floors throughout.
The units are separately metered for gas and electric. Each unit includes it's own gas fired forced hot air furnace. Hot water for the three units is provided by two gas hot water heaters.
The landlord pays for cold water.
Auction Notes: Auction to be held at the Auctioneers Gallery located at 908 York Road, Towson MD AND via online bidding Thursday, February 22nd @ 12:00pm. Online bidding registration opens Saturday, February 17th @ 12pm; Live gallery bidding registration begins Thursday, February 22nd @ 11:00am.
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.
