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List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Saturday, May 31st & ends Thursday, June 5, 2025 at 12:00PM. Fully Leased 19 Unit Multi-Family Apartment Building in "Mount Vernon" This is being sold in conjunction with 109 W Monument in a gallery style sale being sold separately and as an entirety. **Current Gross Monthly Scheduled Income Of $25,466** **Current Gross Annual Scheduled Income Of $305,592**. Features include: "¢ Stainless steel appliances "¢ Granite Counter Tops "¢ Laundry room "¢ Hardwood floors. Location: Mount Vernon is a designated National Landmark Historic District and a city Cultural District. It boasts stunning 19th century architecture and well kept parks. Being close to downtown, Mount Vernon is well-served by public transit and is blocks from Light Rail. The neighborhood is home to a mix of institutions, including the Peabody Conservatory, Walters Art Museum, University of Baltimore, Maryland Historical Society, Maryland Institute College of Art, Joseph Meyerhoff Symphony Hall, Baltimore School for the Arts, Lyric Opera House, Center Stage & much more! Gallery Auction: A bidding deposit of $15,000 per lot is required for: Lot 1 (107 W. Monument St.), Lot 2 (109 W. Monument St.) If you are interested in bidding on Lot 3, which includes Lots 1 & 2 as an entirety, you would need to add a $30,000 bidding deposit. Manner of Sale: Each property will be offered individually and then offered as an entirety. Auction Lots 1-2 are being offered individually. Then Auction Lots 1 & 2 are being offered as an entirety in Auction Lot 3. The manner of offering that brings the highest price will be the winning bid. Please review and participate in the entirety offering if you are interested in purchasing both properties.
| DAYS ON MARKET | 1 | LAST UPDATED | 4/30/2025 |
|---|---|---|---|
| YEAR BUILT | 1900 | COUNTY | BALTIMORE CITY |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| School District | BALTIMORE CITY PUBLIC SCHOOLS |
|---|
| ADDITIONAL DETAILS | |
| AIR | Electric, Other |
|---|---|
| AIR CONDITIONING | Yes |
| CONSTRUCTION | Brick, Other |
| HEAT | Other |
| LOT | 3920 sq ft |
| PARKING | None |
| SEWER | Public Sewer |
| TAXES | 31636 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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