$750,000
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5319 Eastern Avenue Unit 201 Baltimore, MD 21224 Municipality: Baltimore City
Multi-Family
Residence
Beds
Baths
...
Bed/Bath
5,780
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING!! Online Bidding Opens - Monday, September 30, 2024. Live On Site Auction - Tuesday, October 1, 2024 at 11:00 AM. List price is opening bid only. $75,000 deposit in certified funds required in order to bid. Auction is for entire bui...lding - 7 Units total. 5319 Eastern Avenue comprises seven residential condominium units arranged predominantly as 2-bedroom and 1.5 bathroom units (six), with one 1-bedroom and 1.5 bath unit. The building is 100% occupied with $114,000 gross scheduled annual income at below market rental rates. Positioned opposite Johns Hopkins Bayview, near I-895 and I-95, and a short distance from the ports and Downtown Baltimore, making the location ideally situated for sourcing new tenants or reselling the units individually to owner-occupants as they go vacant. The project is also a few hundred feet from the brand-new Yard 56 development, providing a grocery store, gym and substantial amenities in the immediate area, in addition to those found all along Eastern Avenue, elsewhere in Greektown, Brewerâs Hill and Canton. The auction provides an opportunity to purchase an asset in a prime location, with substantial existing income, potential for increased rents, and several exit strategies.
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MLS#
MDBA2138528
Property Type
Multi-Family
Year Built
2008
Square Feet
5,780
sq. ft
Price per Sq. Ft.
$850.34
Lot Size
0.02
Sewer
Public Sewer
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