List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Thursday, June 19th and ends Tuesday, June 24, 2025 at 12:30PM.
Exceptional Investment Opportunity in Coldstream-Homestead-Montebello
Discover strong income potential with this brick, end-of-row townhouse located in Baltimore City’s Coldstream-Homestead-Montebello neighborhood. This porch-front property is configured as three separate residential apartments—each with a private entrance and individual mini-split HVAC unit.
Property Highlights:
• Three Self-Contained Units
• Separate Utilities: Four electric meters
• Detached Brick Garage at Rear
• Covered Front Porch
• Sump Pump in Lower Level
Apartment Configurations:
• Unit 1 (Main & Lower Levels): 1 bedroom, a full bath, living room on the main level; the lower level has an eat-in kitchen. Features laminated wood type floors and tile floors in the kitchen.
• Unit 2 (Upper Level): 3 bedrooms/rooms, a full bath and kitchen. Features laminated wood type floors.
• Unit 3 (Lower Level): 3 bedrooms/rooms, a full bath, and kitchen. Features laminated wood type floors.
Note: The new owner will need to apply for the occupancy permit. Each unit appears to have a dedicated electric panel and water heater, offering added convenience and ease of management.
Location: Nestled in the heart of Coldstream-Homestead-Montebello, this property offers exceptional convenience to everyday amenities. Enjoy easy access to local dining, shopping, schools, and public transportation. Directly across the street, you'll find Clifton Park Golf Course & Clifton Park, and Lake Montebello is nearby—providing ample options for recreation and outdoor enjoyment.
Whether you’re looking to expand your rental portfolio or live in one unit while leasing the others, this versatile property is a prime opportunity in an up-and-coming area.
Diligence Package: A copy of the purchase and sale agreement 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, June 19th and ends Tuesday, June 24, 2025 at 12:30PM.
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.