List price to be opening bid. Online registration & bidding begins Friday, August 27, 2021 & ends Wednesday, September 1, 2021 at 1:00PM. Exceptional opportunity to purchase a very well-maintained detached duplex + 6 garages in the highly desirable Hoe's Heights neighborhood located right in Hampden, Baltimore. Currently Gross Monthly Rent: $3,715. Current Gross Scheduled Annual Rent: $44,580. Location: Hoes Heights is a historic neighborhood in North Baltimore named for the farmer and freedman who purchased the land in the late 1800's and divided it among his children. This family-friendly legacy lasts today in this tight-knit community. Homes are a mix of housing styles, from wood-framed, single-family, detached homes to brick rowhomes, bungalows and duplexes. Located near JHU, University Parkway, Roland Park and within Walking distance to the famous 36th Street Hon! Site: 8,000 +/- sq. ft. parcel zoned R-5 - (General Residence District). Improvements: The property is improved by a 2-story plus basement detached home which contains 2,394 +/- sq. ft. above-grade building area. There is also a partially finished lower-level with additional square footage. The detached home contains 2 apartments which have had significant updates. Unit Rent & Description: Apartment 1- located on the main level of the home which includes 2 bedrooms, living room, eat-in kitchen & bonus room (currently used as an office). Features Include: Refinished wood type floors, ceramic tile, ss appliances, washer & dryer. Currently rented for $1,575/month. (This includes a $100/month rent for one of the garages). Apartment 2 - located on the 2nd level of the home which includes 2 bedrooms, living room, eat-in kitchen and a porch off the kitchen area. Features Include:Living area with bay window, SS appliances, Recessed lighting in kitchen, Washer & Dryer. Currently rented for $1,300/month. (This includes a $100/month rent for one of the garages). Each unit is separately metered for electric and gas. Tenants are responsible for electric. The lease calls for apt 1 and 2 to reimburse the seller for the water/sewer bill. There is an ongoing arrangement where the apartments pay the landlord $65/monthly each. Utilities: Garages have electric. Units each have their own electric meter and gas meters. Heating is provided by gas furnaces with hot water radiators. Hot water heaters are gas. Cooling is provided by window units. Garages - Top 1 & Top 2 are rented to the tenants in the apartments for $100/month each which is included in their rent. Each garage is 10x20. Top 3+4 are rented by one tenant 10x20 for a total of $290/month. Bottom 1+2 are double wide 20x20 and rented for $275/month. Bottom 3+4 are double wide 20x20 and rented for $275/month. Radiator heat. No central a/c Note: Property does not have lead certificates or an active rental license.
Courtesy of: Alex Cooper Auctioneers, Inc. Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 18th September, 2021 4:47 PM
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