1122 GLENEAGLE ROAD, Baltimore, MD 21239

List price is Online Only opening bid. Online Auction Only! Bidding begins Saturday, October 26th & ends Thursday, October 31, 2024 at 12:30 PM. A great rental income opportunity to purchase a fully occupied 2-Unit apartment building in the Glen Oaks neighborhood of Baltimore City. This brick-front building has 3 levels with unit 1 on the main level and unit 2 on the upper level. Both units have 2 bedrooms and 1 full bath. The lower level is unfinished and includes storage for each unit, the meters, and the mechanical systems for the property. There are separate gas & electric meters for each unit. Tenants pay BG&E, owner pays water. The property is limited lead free. Rent: Current Gross Monthly Rent of $2,624($31,488 annually). Unit 1 – $1,350/monthly rent. Unit 2 – $1,274/monthly rent. Section 8 currently pays $1,274, tenant pays $0.00.
Per the seller: Each Unit has energy efficient appliances (stove, microwave, fridge and dishwasher), LVP flooring in the kitchen and bathroom, and recently refinished some wood flooring; newer roof installed; new central A/C systems for both units installed in 2022; new 100 AMP electrical panels for both units installed in 2022. Location: The property is located North Baltimore, in the Glen Oaks neighborhood. There is dining, shopping, schools, recreational facilities, hospital, and access to transportation routes including E. Northern Parkway, Loch Raven Blvd. & York Rd.