List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Saturday June 7 , and ends Thursday June 12, 2025 at 12:00PM. Fully Leased 5-Unit Apartment Building with Detached Garage in Baltimore County’s “Lochearn” Neighborhood – Projected Annual Gross Rent: $47,400 Guided tour scheduled for Friday, June 6th at 11:00 AM sharp. Please arrive on time. The subject property is a fully leased five-unit apartment building accompanied by a large detached garage, currently used for storage. The building consists of five one-bedroom, one-bathroom apartments and contains approximately 3,949± square feet of total building area. It is situated on a 0.328± acre lot. All tenants are long term, and the units are currently rented on month-to-month leases, offering potential flexibility for rent increases or repositioning. Unit Rent & Description: Current Scheduled Gross Monthly Rent Of $3,950. Current Scheduled Gross Annual Rent Of $47,400. Unit 1: 1 Bedroom/1 Bath apartment currently rented for $730/monthly. Unit 2: 1 Bedroom/1 Bath apartment currently rented for $830/monthly. Unit 3: 1 Bedroom/1 Bath apartment currently rented for $800/monthly. Unit 4: 1 Bedroom/1 Bath apartment currently rented for $830/monthly. Unit 5: 1 Bedroom/1 Bath apartment currently rented for $760/monthly. Each unit is separately metered for gas and electric. There is a central gas hot water heater in the lower level. The tenants pay their own gas, electric, heat. The owner pays water, and hot water, insurance, taxes, and utilities for the common area. Location: The Lochearn neighborhood of Baltimore County offers a diverse residential setting, featuring a mix of detached homes, townhouses, and a variety of multi-family properties. Local retail and commercial services are primarily concentrated along Liberty Road, providing residents with convenient access to shopping and amenities. The area also benefits from excellent transportation connectivity, with easy access to the Baltimore Beltway (I-695), I-95, and downtown Baltimore. Diligence Package: Copies of the purchase and sale agreement, redacted leases, lead certs, with 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. 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 Saturday June 7 , and ends Thursday June 12, 2025 at 12:00PM. 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.