1611 Gwynns Falls Pkwy
$600,000
1611 Gwynns Falls Pkwy, Baltimore, MD 21217
1900
Year Built
R-7
Zoning
Details:
Highlights:
- Days on Market: 14
- Heating: Forced Air
Description:
Public: List price is Opening Bid at the Online auction to be conducted on Auctioneers website. Auction ends September 10th @ 1:00 pm.
GUIDED TOUR MONDAY SEPTEMBER 8TH STARTING @ 12:30 PM
A great opportunity to purchase a multifamily apartment building on a .17+/- Acre Lot. The buildings are configured with 14 residential 1 bedroom 1 bath apartment units and 3 garage spaces. The exterior of the buildings are brick and stucco. The property is zoned R-7.
Location: The property is located along the south side of Auchentoroly Ter and north of Reisterstown Rd. It is conveniently located near Mondawmin Mall which gives easy access to shopping, restaurants and retail establishments. There are bus stops nearby.
**Current Gross Monthly Rent of $4,475**
**Current Gross Annual Rent of $53,700**
Per the seller:
**Potential Gross Monthly Rent of $17,100**
**Potential Gross Annual Rent of $205,200**
1611 B: Vacant (1BR/1BA)
1611 1E Vacant (1BR/1BA)
1611 1W Vacant (1BR/1BA)
1611 2E Vacant (1BR/1BA)
1611 2W Vacant (1BR/1BA)
1611 3E Vacant (1BR/1BA)
1611 3W Vacant (1BR/1BA)
1613 B: Vacant (1BR/1BA)
1613 1E Vacant (1BR/1BA)
1613 1W Rented for $1,350/month (1BR/1BA)
1613 2E Rented for $1,775/month (1BR/1BA)
1613 2W Vacant (1BR/1BA)
1613 3E Vacant (1BR/1BA)
1613 3W Rented for $1,350/month (1BR/1BA)
Garage A Vacant
Garage B Vacant
Garage C Vacant
Unit features: Each unit is separately metered for gas and electric and is self contained with it's own gas forced air furnace and water heater. The vast majority of the vacant units have been turned and most are tenant ready with some finishing touches.
Location
Gallery
