$750,000
- Beds
- 13
- Baths
- 11.5
- sq ft
- 777
5319 Eastern Ave Unit 302, Baltimore, MD 21224
5319 Eastern Ave Unit 302
BALTIMORE, MD 21224
- 13 days on market
- Open house Oct 01
REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING!! Online Bidding Opens - Monday, September 30, 2024. Live On Site Auction - Tuesday, October 1, 2024 at 11:00 AM. List price is opening bid only. $75,000 deposit in certified funds required in order to bid. Auction is for entire building - 7 Units total. 5319 Eastern Avenue comprises seven residential condominium units arranged predominantly as 2-bedroom and 1.5 bathroom units (six), with one 1-bedroom and 1.5 bath unit. The building is 100% occupied with $114,000 gross scheduled annual income at below market rental rates. Positioned opposite Johns Hopkins Bayview, near I-895 and I-95, and a short distance from the ports and Downtown Baltimore, making the location ideally situated for sourcing new tenants or reselling the units individually to owner-occupants as they go vacant. The project is also a few hundred feet from the brand-new Yard 56 development, providing a grocery store, gym and substantial amenities in the immediate area, in addition to those found all along Eastern Avenue, elsewhere in Greektown, Brewer’s Hill and Canton. The auction provides an opportunity to purchase an asset in a prime location, with substantial existing income, potential for increased rents, and several exit strategies.
Details
Property type
Single Family Residence
Lot size
777 sq ft
Price per sq ft
$966
Year built
2008
Annual property taxes
$1,619
HOA
No
Price History
09/06/2024
Bright #MDBA2138664
Listed
$750,000
Schools & Community
Neighborhood:
Greektown
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
School district:
BALTIMORE CITY PUBLIC SCHOOLS
Status: Active
Tomo last checked: 09/19/2024 at 12:20 PM
Listing updated: 09/18/2024 at 5:46 AM
Listed by: Charles N Billig, A.J. Billig & Company Phone #: (410) 296-8440
MLS: Bright #MDBA2138664
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