65
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$500,000
Est. payment /mo
5,400 SqFt
Active
22 E PRESTON ST Baltimore, MD 21202
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Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,400 sqft
Price per Sqft $92
MLS Listing ID MDBA2160178
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $8,436
Tax Year 2024
Lot Size 1,566 Sqft
Acres 0.04
Property Sub-Type Five Or More Units
Property Description
List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Thursday, April 3rd and ends Tuesday, April 8, 2025 at 11:30AM. Fully Leased 5 Unit Apartment Building in the "Mount Vernon" Neighborhood of Baltimore City. Approximately 4,320+/- sq. ft. of above grade living space and 1,080+/- sq. ft. below grade living space. Current gross monthly scheduled rent of $7,495. Current gross annual scheduled rent of $89,940. Unit B - 2 Bedroom/1 Bath Rented for $1,399. Unit 1 - 2 Bedroom/2 Bath Rented for $1,399. Unit 2 - 2 Bedroom/2 Bath Rented for $1,399. Unit 3 - 2 Bedroom/2 Bath Rented for $1,599. Unit 4 - 2 Bedroom/2 Bath Rented for $1,699.
Utilities: The units are individually metered for gas and electric. Key Items:- All central heat pump systems replaced by prior owner, it is possible some are under warranty. - Roof replaced in 2020 - All units have W/D. 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!
Utilities: The units are individually metered for gas and electric. Key Items:- All central heat pump systems replaced by prior owner, it is possible some are under warranty. - Roof replaced in 2020 - All units have W/D. 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!
Location
State MD
County Baltimore City
Zoning OR-2
Interior
Hot Water Other
Heating Other
Cooling Other
Heat Source Other
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0311010466 029
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Auction
Listed by Matthew S Cooper • Alex Cooper Auctioneers, Inc.