$1,500,000
3415 Gwynns Falls Pkwy, Baltimore, MD, 21216
38,856
Square feet
0.88
Acres
List price to be opening bid at online only auction. Online Auction Only! Bidding begins Wednesday, April 17th & ends Monday, April 22nd, 2024 at 12:00 pm. At the conclusion of the auction the sellers will have a 2 hour review period to accept or reject the winning the bid. Alex Cooper will notify the winning bidder as to the sellers decision. Improved by a 38,856+/- SF multifamily apartment building on a 0.88+/- Acre Lot. The building is configured as 34 residential apartment units. Currently 32 of the units are vacant with last 2 currently scheduled for move out through cash for keys and/or eviction. It is expected to be fully vacant by closing. There are 8 one bedroom units, 25 two bedroom units and 1 three bedroom units. 16 of the units have recently been renovated, many of them having full gut out renovations. The property is zoned R5 (Rowhouse and Multi-Family Residential Zoning District). Each unit contains it's own HVAC system. Some renovations to many of the units include full gutout including appliances, bathrooms, flooring, paint, cabinets and more! **Potential Gross Monthly Rent of $40,305** **Potential Gross Annual Rent of $483,660**
Facts & Features
| MLS® # | MDBA2116046 |
|---|---|
| Price | $1,500,000 |
| Bathrooms | 0.00 |
| Square Footage | 38,856 |
| Acres | 0.88 |
| Year Built | 1969 |
| Type | Commercial Sale |
| Sub-Type | Five Or More Units |
| Status | Active |
Community Information
| Address | 3415 Gwynns Falls Pkwy |
|---|---|
| Subdivision | MOUNT HOLLY |
| City | Baltimore |
| County | BALTIMORE CITY-MD |
| State | MD |
| Municipality | Baltimore City |
| Zip Code | 21216 |
| Senior Community | No |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Other |
|---|---|
| Cooling | Other |
| Has Basement | No |
| Fireplace | No |
Exterior
| Exterior | Brick and Siding |
|---|
School Information
| District | BALTIMORE CITY PUBLIC SCHOOLS |
|---|
Additional Information
| Date Listed | February 28th, 2024 |
|---|---|
| Days on Market | 66 |
| Zoning | R-5 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Alex Cooper Auctioneers, Inc. |
|---|