CHARIS REALTY GROUP

208 E BIDDLE STREET

BALTIMORE , MD 21202

MLS#: MDBA2103320

$600,000

Status: Closed
Listing number: MDBA2103320
Listing provided by: Alex Cooper Auctioneers, Inc.
Listing agent phone: None
Last update: 2 years ago
On site: 2 years ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1900

Sq.Footage

N/A

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

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Other

  • Heating YN

    YES

  • Heating

    Other

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Other

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.04

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $600,000

  • Tax Amount

    6802.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

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Listing Courtesy of Jared T Block , Alex Cooper Auctioneers, Inc.

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Agent Dana Angleberger

AGENT

Dana Angleberger

Call Dana today to schedule a private showing.

(410) 371-3421

dana@wolfeteam.net


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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

208 E BIDDLE STREET

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