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208 E Biddle StreetBaltimore, MD 21202Sale Price: $979,700

  • Sale Price: $979,700
  • 169 Days Since Sale
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Federal 30-year interest rate: 6.87% last updated on Jun 20, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $600,000List Price
  • 0.04Acreage

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List price to be opening bid. Online auction to be conducted on Auctioneers website. Bidding begins Saturday, November 11, 2023 & ends Thursday, November 16, 2023 @ 12:00pm. 7-Unit Building in Prestigious Mount Vernon, Baltimore City. Indulge in the brilliance of this property's renovations and offer tenants an unmatched living experience in Mount Vernon. An investment that combines historical charm with modern comforts. Overview- Fully leased, offering a strong, consistent return. Located in the historic and sought-after Mount Vernon neighborhood of Baltimore City, putting tenants in the heart of culture, dining, and entertainment. 2018 Full-Scale Renovations: Comprehensive gut renovation, breathing new life into every corner. Modernized infrastructure: All-new electrical systems. New plumbing to provide a hassle-free living experience.- The building is fully sprinklered + monitored fire alarm. Aesthetic and Functional Upgrades: Fresh drywall throughout, offering a blank canvas for tenants. State-of-the-art kitchens featuring the latest appliances. Elegant tile work and floor refinishing, merging durability with design. Replacement windows that blend style with energy efficiency. Units 1, 2, 4, 6, 7 are Lead Free. The remaining units have full risk reduction certificates due to renovations complying with The Commission for Historical and Architectural Preservation (CHAP) guidelines. Luxury Amenities: Convenience: Integrated stacked washer/dryers in all units. All units have dishwashers. Comfort: Individual hot water heaters and dual wall-mounted heating & A/C units in every apartment. Security: Modern intercom system, ensuring secure access. Parking for all units. Pad in rear for 3 cars and parking permits for 4 (area 28 residential permits).Utility Information: Separate gas and electric meters for each unit, facilitating straightforward billing. Special Note: Units 1 & 2 have a shared hot water system and split the gas bill. Electric bill for Unit 1 is factored into the public service electric meter.Rent Roll: Unit 1: Studio apartment, rented for $930/month. (Lease expired: 09/30/2024) Unit 2: Studio apartment, rented for $910/month. (Lease expires: 02/29/2024) Unit 3: 2 bedroom, 2 bath apartment, rented for $1,850/month. (Lease expires: 03/31/2024) Unit 4: 1 bedroom, 1 bath apartment rented for $1,350/month. (Lease expires: 06/30/2024) Unit 5: 1 bedroom, 1 bath apartment rented for $1,285/month. (Lease expires: 05/31/2024) Unit 6: 1 bedroom, 1 bath apartment rented for $1,325/month. (Lease expires: 07/31/2024) Unit 7: 1 bedroom, 1 bath apartment rented for $1,285/month. (Lease expires: 07/31/2024) Parking Spot #1: rented by Unit 2 for $150/month Parking Spot #2: rented by Unit 3 for $150/month Parking Spot #3: rented by Unit 4 for $150/month. Current Monthly Rent of $9,385. Annual Scheduled Rent of $112,620

Property Details of 208 E Biddle Street

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Listed by Jared T Block of Alex Cooper Auctioneers,Inc.

Listing Sold by Alex Cooper Auctioneers, Inc.

Copyright 2024 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Next Step Realty | W Home Group participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated June 22, 2024. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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