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    4411 Kenwood Avenue

    BALTIMORE, MD 21206
    • $250,000
    • STATUS: Active
    • ON SITE: 49 days
    • ID#: MDBC2006022
    UPDATED: 86 min ago
    $250,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    List price to be opening bid. Online registration & bidding begins Thursday, August 19th and ends Tuesday, August 24th at 12:00PM. Guided Tour: Friday, August 20 to take place at 12:00 PM promptly. Substantially leased (5 out of 6 units) commercial "strip" in the Overlea area of Baltimore County. IMPROVEMENTS: The assemblage consists of 3 adjacent buildings containing 4 ground level units and 2 second floor units. There is ample public street parking in the front as well as a private side and rear parking lot. Unit Rent & Description: The strip is currently substantially leased (5 out of 6 units). Current Gross Monthly Rent: $4,867. Current Gross Scheduled Annual Rent: $58,404. Potential Gross Annual Rent Based On Full Occupancy: $70,404.Potential Gross Annual Rent Based On Full Occupancy: $70,404. Unit 1: 2,400 +/- SF commercial unit currently rented for $1,500 (Move in date 4/2020, Lease ends 3/31/25). Unit 2: 2,500 +/- SF commercial unit currently rented for $655.64 (Move in date 5/2018, Lease ends 4/30/23). Unit 3: 600 +/- SF commercial unit currently rented for $800. Unit 4: 800 +/- SF unit currently rented for $1,311.27 (Move in date 6/2018, Lease ends 5/30/21). Unit 5: 800 +/- SF unit currently rented for $600 (Move in date 6/2021, Lease ends 5/31/26). Unit 6: 800 +/- SF unit currently vacant. SITE: Lot size: 0.228+/- acres zoned BL (Business Local). UTILITIES: The property is served by gas, electric, public water and public sewer. It is believed that the units have their own gas and electric meter however some of the leases are structured where landlord pays the unit's gas and electric bills. 2020 water/sewer expense: $667.78. 2020 gas/electic expense: $4,374.43. LOCATION: Overlea is located in Baltimore County. The property is two blocks from Bel Air Road which is a major commercial hub and only a few minutes from I-695. Overlea is home to The Maryland School for the Blind's large campus. Many charming Victorian single- and multi-family homes with large yards make up this wooded and peaceful neighborhood. With access to Harford Road and Belair Road, residents like their easy transportation to both Baltimore City and County.

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-09-18T11:55:19.427.
    www.locomusings.com/homes/119896995
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    4411 Kenwood Avenue BALTIMORE, MD 21206

    • Price: $250,000
    • Status: Active
    • Updated: 86 min ago
    • ID#: MDBC2006022
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    County:
    Baltimore
    School District:
    Baltimore County Public Schools
    Property Description
    List price to be opening bid. Online registration & bidding begins Thursday, August 19th and ends Tuesday, August 24th at 12:00PM. Guided Tour: Friday, August 20 to take place at 12:00 PM promptly. Substantially leased (5 out of 6 units) commercial "strip" in the Overlea area of Baltimore County. IMPROVEMENTS: The assemblage consists of 3 adjacent buildings containing 4 ground level units and 2 second floor units. There is ample public street parking in the front as well as a private side and rear parking lot. Unit Rent & Description: The strip is currently substantially leased (5 out of 6 units). Current Gross Monthly Rent: $4,867. Current Gross Scheduled Annual Rent: $58,404. Potential Gross Annual Rent Based On Full Occupancy: $70,404.Potential Gross Annual Rent Based On Full Occupancy: $70,404. Unit 1: 2,400 +/- SF commercial unit currently rented for $1,500 (Move in date 4/2020, Lease ends 3/31/25). Unit 2: 2,500 +/- SF commercial unit currently rented for $655.64 (Move in date 5/2018, Lease ends 4/30/23). Unit 3: 600 +/- SF commercial unit currently rented for $800. Unit 4: 800 +/- SF unit currently rented for $1,311.27 (Move in date 6/2018, Lease ends 5/30/21). Unit 5: 800 +/- SF unit currently rented for $600 (Move in date 6/2021, Lease ends 5/31/26). Unit 6: 800 +/- SF unit currently vacant. SITE: Lot size: 0.228+/- acres zoned BL (Business Local). UTILITIES: The property is served by gas, electric, public water and public sewer. It is believed that the units have their own gas and electric meter however some of the leases are structured where landlord pays the unit's gas and electric bills. 2020 water/sewer expense: $667.78. 2020 gas/electic expense: $4,374.43. LOCATION: Overlea is located in Baltimore County. The property is two blocks from Bel Air Road which is a major commercial hub and only a few minutes from I-695. Overlea is home to The Maryland School for the Blind's large campus. Many charming Victorian single- and multi-family homes with large yards make up this wooded and peaceful neighborhood. With access to Harford Road and Belair Road, residents like their easy transportation to both Baltimore City and County.
    Exterior Features

    Construction Materials BrickStoneOther Garage YN No Parking Types On StreetParking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 7900.00 Cooling Central A/CWindow Unit(S)Other Heating Forced Air Heating YN Yes Net Square Feet 7900.00

    Property Features

    Accessibility Features None Assessment Year 2021 Association YN No Business Type Other Central Air YN Yes Cooling Fuel Electric Heating Fuel Natural Gas Hot Water Natural Gas Navigable Water YN N New Construction YN No Number Of Units Total 1 Original MLSNumber 800909710966 Ownership Interest Other Possession Settlement Property Sub Type Mixed Use Sale Type Auction Sewer Public Sewer Tax Annual Amount 4272.00 Tax Assessment Amount 250000.00 Tax Lot 9 Vacation Rental YN No Water Source Public Zoning Bl

    Listing courtesy of Alex Cooper Auctioneers, Inc..


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-09-18T11:55:19.427.
     
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