$750,000
( $850.34Per Sq Foot )
 $4,026 est/mo Sourced by Back At You

5319 Eastern Ave #201 , Baltimore, MD 21224

Baltimore, MD 21224

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Description

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 building - 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, Brewer’s 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.

Details

MLS#MDBA2138528
Listing TypeFor Sale
Suite Number201
Sub-TypeResale
StatusPending
Year2008
Days On Site31
Listing Provided ByA.J. Billig & Company | Charles N Billig

Features

SQ Feet882
ZoningR-7
Acreage0.02

Market Activity 21224

MLS Internet Data Exchange (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, and that the data is deemed reliable but is not guaranteed accurate by the Bright MLS. 

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Learn More About This Property

Patrick Kelley

Patrick Kelley

Taylor Properties

644771 (410) 703-6671Contact Me Form Link
StateMD
CountyBaltimore City
CityBaltimore
Zip Code21224
Community NameGreektown
School DistrictBaltimore City Public Schools
Listing VS Median (in Greektown)
Price:
$750,000
low | high
Med:
$262,000
100% of Average
SqFt:
882
low | high
Med:
1,633
35.090702947846% of Average
$ / SqFt:
$850
low | high
Med:
$161
100% of Average
On Site:
31
low | high
Med:
107.500000
28.837209302326% of Average
Sourced by Back At You
Listing Updated: October 1, 2024 at 11:44:26 PM PDT