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List price to be opening bid at online only auction. Online registration & bidding begins Saturday, May 7th at 10:30 AM and ends Thursday May 12, 2022 at 10:30 AM. Location: The Forest Park neighborhood contains a mix of detached and townhouse properties. There are also a number of multi-family properties. Most neighborhood storefronts are located along Liberty Heights Ave. There is easy access to the Baltimore Beltway, I-95 and downtown Baltimore. Property Description: The property has a rectangular shaped lot with 87.5' frontage on Liberty Heights Ave and a depth of 122.5'. The total land area is 10,614 sq. ft. or 0.24 acre. It is improved by a cottage style detached building containing 3 one-bedroom units, a two-bedroom unit and an efficiency unit. The tenants pay their own gas, electric, heat and hot water. According to the Maryland State Dept of Assessment and Taxation, the building area is approx. 3,600 sq. ft. Unit Rent & Description: Current Scheduled Gross Monthly Rent Of $3,485. Current Scheduled Gross Annual Rent Of $41,820. Unit 1 W: 1 Bedroom/1 Bath apartment currently rented for $735/monthly. Unit 1 E: 1 Bedroom/1 Bath apartment currently rented for $750/monthly. Unit 2 F: 2 Bedroom/1 Bath apartment currently rented for $725/monthly. Unit 2 R: Studio/1 Bath apartment currently rented for $600/monthly. Unit 3: 1 Bedroom/1 Bath apartment currently rented for $675/monthly. Each unit is separately metered. All the hot water heaters are in the lower level. The tenants pay their own gas, electric, heat and hot water The owner pays cold water, insurance, taxes, and utilities for the common area.
Listed by Paul R Cooper of Alex Cooper Auctioneers,Inc.

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