MD
BALTIMORE
21224
5319 EASTERN AVENUE 201
5319 EASTERN AVENUE 201, BALTIMORE, MD 21224
Listing Type
commercial/industrial
Listing Status
Off Market
0
$750,000

Home Details for 5319 EASTERN AVENUE 201

Price
$750,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
0.0
Square feet
NaN
Year built
2008
Lot size acres
0.02
Garage
Days on site
97
MLS Listing#
MDBA2138528
Listing courtesy: A.J. Billig & Company - 4102968440
Property Description

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.

Property Features
  • Cooling Information
    • Central A/C
  • Heating Information
    • Forced Air
  • Water Features
    • Public
IDX listing information is from various brokers who participate in IDX and provided courtesy of Bright MLS. Property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Information contained on this website provided by MRIS is deemed reliable but not guaranteed ©2024 Bright, All Rights Reserved.
Last Updated: 2024-12-09 12:23:28
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600 Fairmount Avenue Suite #205, Towson, MD 21286
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