4,544 SqFt
4,544 SqFt
OPEN HOUSE
Wed Apr 09, 11:00am - 11:00am
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,544 sqft
Price per Sqft $88
MLS Listing ID MDBA2162426
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $11,183
Tax Year 2024
Lot Size 1,713 Sqft
Acres 0.04
Property Sub-Type Mixed Use
Property Description
List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Thursday, April 10th & ends Tuesday, April 15th, 2025 at 1:00PM. Improved by a 4,245+/- SF (Including basement) Mixed Use Building. The building currently has 5 of the 6 units leased. The property is zoned C2 and is located within the Enterprise zone. Unit 1 is a 1BR/1BA apartment currently vacant. Unit 2 is a 1BR/1BA apartment rented for $1,500/month. Unit 3F is a studio apartment rented for $1,000/month. Unit 3R is a studio apartment rented for $900/month. Unit 4 is a studio apartment rented for $900/month. The basement unit is a commercial unit rented for $1,500/month.
There are 2 parking spaces which are not assigned and could be used for additional income. Current Gross Monthly Rent: $5,800. Current Gross Annual Scheduled Rent: 69,600. Potential Gross Monthly Rent:$7,300. Potential Gross Annual Rent: $87,600. Unit #1 and the commercial unit use gas and electric, the rest are electric only. Features include: • 7 separate meters • Central AC for the basement and first floor
• New HVAC systems • Washers/Dryers in unit • Granite counter tops • All residential units have been renovated • New roof in 2022
Location
State MD
County Baltimore City
Zoning C-2
Interior
Hot Water Other
Heating Forced Air, Other
Cooling Central A/C, Other
Heat Source Other
Exterior
Garage Spaces 2.0
Water Access N
Accessibility None
Total Parking Spaces 2
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0311010466 002
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Auction
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12320 Academy Rd, Philadelphia, Pennsylvania, 19154, USA