109 W MONUMENT ST new to site

Baltimore,MD 21201

$ 450000

- Bed

- Bath

5852 SqFt


Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,852 sqft

Price per Sqft $76

MLS Listing ID MDBA2166158

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $7,439

Tax Year 2024

Lot Size 2,091 Sqft

Acres 0.05

Property Sub-Type Five Or More Units

Property Description

List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Saturday, May 31st & ends Thursday, June 5, 2025 at 12:00PM. Fully Leased 6 Unit Multi-Family Apartment Building in "Mount Vernon" **Current Gross Monthly Scheduled Income Of $9,169**
**Current Gross Annual Scheduled Income Of $110,028* Units: 1A - 1 Bed/1 Bath Rented for $1,399 + $50 Utility Reimbursement & $35 Pet Rent. 1B - 1 Bed/1 Bath Rented for $1,329 + $50 Utility Reimbursement. 2A - 1 Bed/1 Bath Rented for $1,559 + $50 Utility Reimbursement & $35 Pet Rent. 2B - 1 Bed/1 Bath Rented for $1,299 + $50 Utility Reimbursement. 3A - 2 Bed/2 Bath Rented for $1,799 + $90 Utility Reimbursement & $35 Pet Rent. 3B - 1 Bed/1 Bath Rented for $1,349 + $50 Utility Reimbursement. Features include:
• Stainless steel appliances • Granite Counter Tops • In unit Laundry • Hardwood floors • Unit 3A is a duplex. Gallery Auction: A bidding deposit of $15,000 per lot is required for: Lot 1 (107 W. Monument St.), Lot 2 (109 W. Monument St.) If you are interested in bidding on Lot 3, which includes Lots 1 & 2 as an entirety, you would need to add a $30,000 bidding deposit. Manner of Sale: Each property will be offered individually and then offered as an entirety. Auction Lots 1-2 are being offered individually. Then Auction Lots 1 & 2 are being offered as an entirety in Auction Lot 3. The manner of offering that brings the highest price will be the winning bid. Please review and participate in the entirety offering if you are interested in purchasing both properties.

Location

State MD

County Baltimore City

Zoning OR-2

Interior

Hot Water Other

Heating Other

Cooling Other

Heat Source Other

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0311100532 011

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Auction

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