3901 Dorchester Rd - Apartments FOR SALE


Baltimore, MD 21207- Dorchester
$350,000 USD
410-977-4711
3901 Dorchester Rd, Baltimore, MD for Sale
$350,000 USD
Apartments - FOR SALE
1/59
null | Request Cap Rate

3901 Dorchester Rd
Baltimore, MD 21207
Dorchester


OVERVIEW

*LIST PRICE IS OPENING BID* A great opportunity to purchase a 5,567+/- SF multifamily apartment building on a .24+/- Acre Lot. The buildings are configured with 9 residential 1 bedroom 1 bath apartment units and 3 garage spaces. The property is zoned R-3. Location: The property is located along the south side of Auchentoroly Ter and north of Reisterstown Rd. It is conveniently located near Mondawmin Mall which gives easy access to shopping, restaurants and retail establishments. There are bus stops nearby. **Current Gross Scheduled Monthly Rent of $6,392** **Current Gross Scheduled Annual Rent of $76,704** Tenants are not current on rent. Per the seller: **Potential Gross Monthly Rent of $17,100** **Potential Gross Annual Rent of $205,200** Unit features: Each unit is separately metered for gas and electric and is self contained with it's own gas forced air furnace and water heater. The vast majority of the vacant units have been turned and most are tenant ready with some finishing touches. Diligence Package: Copy of the purchase and sale agreement, rental license, leases, lead certificates and assorted addenda are 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 Friday, December 12th, 2025 & ends Wednesday, December 17, 2025 @ 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

$350,000 USD

PRICE/SF

$63 USD /SF

# OF UNITS

9

PRICE/UNIT

$38,889

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

R-2

APN/PARCEL ID

2728-011

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 Notice.