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4718 Liberty Heights

BALTIMORE, MD 21207
  • $300,000
  • STATUS: Active
  • ON SITE: 15 Days
  • ID#: MDBA2113270
UPDATED: 189 min ago
$300,000
  • 0
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1930
County:

School Ratings & Info

Description

List price to be opening bid. Online auction to be conducted on Auctioneers website. Bidding begins on Thursday, March 7th, and ends on Tuesday, March 12, 2024 at 12:30pm. This is a great opportunity to purchase a fully leased Retail and Apartment Building in the "Howard Park" Neighborhood of Baltimore City. The property is well maintained and the residential units are lead free. Building: The building is improved by a 2 level building containing 8,432 +/- square feet of space currently configured as 6 residential units and 4 commercial units. The 4 commercial units are all located on the main level and have prime retail frontage. 3 of the residential units are located on the main level and 3 are located on the upper level. All residential units in the building have been recently renovated and completely updated (floors, paint, cabinets, etc.). The property is separately metered for electric. Each unit has its own electric hot water heater and electric heat pump system. 4 of the units have central A/C. Each unit has its own sub-panel for electric. Currently the landlord pays for water in the building. The root rubber roof was fully replaced 2.5 years ago. The residential parts of the roof were replaced in August 2020 with lifetime architectural shingles. Gross Scheduled Monthly Income of $9,542. Gross Scheduled Annual Income of $114,504. Residential Unit Mix - Unit A: 2 bedrooms and 1 full bathroom - Unit B: 1 bedroom and 1 full bathroom - Unit C: 3 bedrooms and 1 full bathroom - Unit D: 2 bedrooms and 1 full bathroom - Unit E: 1 bedroom and 1 full bathroom - Unit F: 3 bedrooms and 1 full bathroom. Residential Units are Lead FreeSite - 0.3 +/- acres - Zoned C-1 Neighborhood Business Zoning District - Public Water and Sewer- Electric Service - Rear parking lot with 6+ spots - Prime frontage on Liberty Heights Avenue. Location: 4718 - 4726 Liberty Heights has prominent frontage on the heavily traveled Liberty Heights Avenue (MD-26) and is surrounded by numerous stores, retail buildings, single-family homes, apartments, restaurants and office buildings; and access to transportation routes. The current management company is willing to manage the property for the new purchaser.

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©2024 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: 2024-02-20T23:51:10.943.
www.locomusings.com/homes/147290788
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4718 Liberty Heights BALTIMORE, MD 21207

  • Price: $300,000
  • Status: Active
  • On Site: 15 Days
  • Updated: 189 min ago
  • ID#: MDBA2113270
0
Beds
0
Baths
0
½ Baths
0.31
Acres
1930
Built
County:
Baltimore City
School District:
Baltimore City Public Schools
Property Description
List price to be opening bid. Online auction to be conducted on Auctioneers website. Bidding begins on Thursday, March 7th, and ends on Tuesday, March 12, 2024 at 12:30pm. This is a great opportunity to purchase a fully leased Retail and Apartment Building in the "Howard Park" Neighborhood of Baltimore City. The property is well maintained and the residential units are lead free. Building: The building is improved by a 2 level building containing 8,432 +/- square feet of space currently configured as 6 residential units and 4 commercial units. The 4 commercial units are all located on the main level and have prime retail frontage. 3 of the residential units are located on the main level and 3 are located on the upper level. All residential units in the building have been recently renovated and completely updated (floors, paint, cabinets, etc.). The property is separately metered for electric. Each unit has its own electric hot water heater and electric heat pump system. 4 of the units have central A/C. Each unit has its own sub-panel for electric. Currently the landlord pays for water in the building. The root rubber roof was fully replaced 2.5 years ago. The residential parts of the roof were replaced in August 2020 with lifetime architectural shingles. Gross Scheduled Monthly Income of $9,542. Gross Scheduled Annual Income of $114,504. Residential Unit Mix - Unit A: 2 bedrooms and 1 full bathroom - Unit B: 1 bedroom and 1 full bathroom - Unit C: 3 bedrooms and 1 full bathroom - Unit D: 2 bedrooms and 1 full bathroom - Unit E: 1 bedroom and 1 full bathroom - Unit F: 3 bedrooms and 1 full bathroom. Residential Units are Lead FreeSite - 0.3 +/- acres - Zoned C-1 Neighborhood Business Zoning District - Public Water and Sewer- Electric Service - Rear parking lot with 6+ spots - Prime frontage on Liberty Heights Avenue. Location: 4718 - 4726 Liberty Heights has prominent frontage on the heavily traveled Liberty Heights Avenue (MD-26) and is surrounded by numerous stores, retail buildings, single-family homes, apartments, restaurants and office buildings; and access to transportation routes. The current management company is willing to manage the property for the new purchaser.
Exterior Features

Construction Materials Metal Siding Garage YN No Parking Types Parking 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 8832.00 Cooling Central A/COther Heating Heat Pump(s) Heating YN Yes Net Square Feet 8432.00

Property Features

Accessibility Features None Assessment Year 2023 Business Type Other Central Air YN Yes Cooling Fuel Electric Heating Fuel Electric Hot Water Electric Municipality Baltimore City Navigable Water YN N New Construction YN No Number Of Units Total 1 Original MLSNumber 802850071740 Ownership Interest Fee Simple Possession Settlement Property Sub Type Mixed Use Sale Type Auction Sewer Public Sewer Tax Annual Amount 11203.00 Tax Assessment Amount 474700.00 Tax Lot 010 Vacation Rental YN No Water Source Public Zoning C-1

Listing courtesy of Alex Cooper Auctioneers, Inc.: .


©2024 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: 2024-02-20T23:51:10.943.
 
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