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List price to be opening bid. Online registration & bidding begins Thursday, September 30th and ends Tuesday, October 5, 2021 at 11:30AM. Fully Occupied 5 Unit Apartment in the "Callaway-Garrison" Neighborhood of Baltimore City. The apartment building is detached with 3 levels, 3,570+/- sq. ft above grade and 1,040 +/- sq. ft. below grade; zoned R-5. Unit Rent & Description: Current Gross Monthly Rent Of $4,141. Current Gross Scheduled Annual Rent Of $49,692. Unit 1: 3 Bedroom/1 Bath apartment currently rented for $950/monthly. Unit 2: 1 Bedroom/1 Bath apartment currently rented for $800/monthly. Unit 3: 1 Bedroom/1 Bath apartment currently rented for $801/monthly.Unit 4: 2 Bedroom/1 Bath apartment currently rented for $840/monthly. Unit 5: 1 Bedroom/1 Bath apartment currently rented for $750/monthly. Each unit is separately metered and have furnaces. All the hot water heaters are in the lower level. The tenants pay BGE. The owner pays water, insurance, taxes, and BGE for the common area. Location: The Property sits on West Cold Spring Lane just before Garrison Blvd. The drive is 3+/- miles to the Jones Falls Expressway, which make going north to I-695 or downtown convenient.
Listed by Larry E Cooper of Alex Cooper Auctioneers,Inc.

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