2100-2102 Maryland Ave - Apartments FOR SALE


Baltimore, MD 21218- Charles Village
$1,000,000 USD
410-977-4711
2100-2102 Maryland Ave, Baltimore, MD for Sale
$1,000,000 USD
Apartments - FOR SALE
1/74
null | Request Cap Rate

2100-2102 Maryland Ave
Baltimore, MD 21218
Charles Village


OVERVIEW

List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Thursday, July 17, 2025 & ends Tuesday, July 22, 2025 at 1:00 PM. Exceptional opportunity to purchase an apartment building configured as 16 units situated at the southeast corner of Maryland Ave and 21st Street, at the southern tip of the Charles North neighborhood of Baltimore City. It is conveniently located a mere 3 blocks west of Remington, approximately 3 block northeast of Station North, the Jones Falls Expressway (I-83) is less than a mile. The Inner Harbor and the Baltimore Downtown Business District are less than 2 miles of the property. Gross Potential Monthly Rent $20,470 Gross Potential Annual Rent $245,640 Building Units: 10 - 1 Bedroom/1 Bathroom units ($1,150 Market Rent) 4 - 2 Bedroom/1 Bathroom units ($1,300-$1,400 Market Rent) 1 - 5 Bedroom/1 Bathroom unit (Rented for $2,570, Section 8) 1 - Studio ($1,000 Market Rent) *Units 2102 3F & 2102 3R will be occupied in mid-July at $1,150/mth each.* • Parcel Size: 0.16 +/- Acres • Zoning: C-1 • Above-Grade Area: 15,105 +/- Sq. Ft. *While the property is configured as 16 units, the multi-family dwelling license is for 15 units.* Neighborhood: From the LiveBaltimore website: "Charles North along the southern edge of North Baltimore offers an eclectic mix of arts and entertainment venues as well as historic buildings and architecturally impressive houses. Located directly north of Penn Station, the neighborhood is a great option for commuters! Residents enjoy a central location, walkability and access to entertainment." Diligence Package: A copy of the purchase and sale agreement, leases, lead certificates, rental license with assorted addenda are located in the documents section of the auctioneer's website, link below. In order to gain access, you must create a free account as well as accept a non disclosure agreement. Auction Notes: Online Auction Only! Bidding begins Thursday, July 17, 2025 & ends Tuesday, July 22, 2025 at 1:00 PM. Online Bidding Notes: The initial deposit must be made via credit card, wire transfer or by Cashier's Check. Please review the online bidding terms and deposit transmittal form in the Documents Section for more details. If a lot receives a bid within the last 3 minutes. it will remain open for an additional 3 minutes. If any further bidding occurs, the extension timer will reset to 3 minutes. If no further bidding activity occurs, the lot closes when the timer runs out.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$72 USD /SF

# OF UNITS

16

PRICE/UNIT

$62,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,878 SF

ZONING

B-2-3

APN/PARCEL ID

3609-001

ASK ABOUT THIS PROPERTY

Matt CooperAlex Cooper Auctioneers, Inc.More Info
410-977-4711

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Matt CooperAlex Cooper Auctioneers, Inc.More Info
410-977-4711

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.