201 E NORTH AVENUE, BALTIMORE, MD 21202

List price to be opening bid at online only auction.  Online auction to be conducted on Auctioneers website. Bidding begins Thursday, June 20th and ends Tuesday, June 25, 2024 at 1:00PM.  Improved by a 4,080+/- SF End Of Group apartment Building with 12 studio apartments.  **Current Gross Monthly Scheduled Rent of $9,185**Current Annual Gross Scheduled Rent of $110,220**Current Potential Monthly Scheduled Rent of $10,035**Current Annual Gross Scheduled Rent of $120,420**  Recent updates include flooring, fixtures, appliances and more.   Rent Roll: Unit 1 rented for $820/month, Unit 2 rented for $750/month, Unit 3 rented for $820/month, Unit 4 rented for $850/month, Unit 5 rented for $830/month, Unit 6 vacant, Unit 7 rented for $850/month, Unit 8 rented for $850/monthUnit 9 rented for $750/month, Unit 10 rented for $895/month, Unit 11 rented for $875/month, Unit 12 rented for $895/month. Additional features include: • 3 electric water heaters • Split AC system• 3 electric panels • 2 laundry areas (One on the first and one on the second floor) • All units have kitchen with no stove • Wood floors in all units.  2023 approximate expenses: Insurance: $5,085.96, Administrative: $3,751.30, Legal and Professional Fees (Licenses and permits, inspection, legal etc) : $1,021.09,  Repairs/maintenance (Includes supplies, cleaning, landscaping, plumbing etc): $5,271.66, Cable/internet: $4,056.94, Common area utilities: $9,891.10, Property Taxes: $13,497.07.