List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Thursday, August 21st, 2025 & ends Tuesday, August 26th, 2025 at 11:30 AM. 11 Unit Apartment Building with Fire Sprinkler System in the "Downtown" Neighborhood of Baltimore City There are extensive photos of the units in the external links section that were taken in July 2025. Current Gross Monthly Rent: $7,635 Current Gross Annual Scheduled Rent: $91,620 Potential Gross Monthly Rent: $9,335 Potential Gross Annual Rent: $112,020 Unit 1: Vacant (Studio) Unit 2: $850/month (1BR) Unit 3: $850/month (Studio) Unit 4: $810/month (Studio) Unit 5: $900/month (Studio) Unit 6: $750/month (Studio) Unit 7: Vacant (Studio) Unit 8: $825/month (Studio) Unit 9: $975/month(Studio) Unit 10: $775/month (Studio) Unit 11: $900/month (Studio) This 11-unit apartment building contains ten studio apartments and one one-bedroom unit. Each unit is individually metered for electric, providing efficiency and convenience for both ownership and tenants. Key Features: • Unit Breakdown: 10 studios, 1 one-bedroom • HVAC: Most units are equipped with efficient mini-split systems for heating and cooling; a few units feature central HVAC • Flooring: Durable and modern vinyl flooring throughout • Utilities: • Individually metered electric (12 total meters) • Each unit has its own dedicated water heater metered to the tenant • Landlord pays for water and sewer • Fire safety sprinkler system in place • Amenities: On-site laundry facilities Diligence Package: A copy of the purchase and sale agreement is located in the documents section. 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, August 21st, 2025 & ends Tuesday, August 26th, 2025 at 11:30 AM. 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. The information contained herein was obtained from sources deemed to be reliable, but is offered for informational purposes only. Neither the auctioneer or the owner make any representations or warranties with respect to the accuracy of information.