1409 Druid Hill Ave Baltimore, MD 21217
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 1409 Druid Hill Ave
- Property type
- Commercial real estate
Description
This four-unit apartment building in Baltimore City's Upton neighborhood presents a compelling investment opportunity. Currently featuring three one-bedroom units and one two-bedroom unit, the property boasts a potential gross monthly rent of $4,050. Unit rents range from $950 to $1,250 per month, with one unit currently vacant. The building is a four-story brick-front structure with separate gas and electric meters for each unit, minimizing utility management complexities. The owner pays for water, while tenants are responsible for BG&E services. The Baltimore City Rental Property License is valid until March 20, 2025. Conveniently located Northwest of Downtown Baltimore, the property offers easy access to dining, shopping, schools, recreational facilities, a hospital, and major transportation routes, including the Jones Falls Expressway. Nearby attractions include Druid Hill Park, The Walters Art Gallery, Oriole Park at Camden Yards, and M&T Bank Stadium. This online auction offers a streamlined purchasing process. Bidding begins Friday, November 8th, and concludes Wednesday, November 13th, 2024, at 11:00 AM. A comprehensive diligence package, including the purchase and sale agreement, lead certificate, and rental license with addenda, is available online. Note that the initial deposit must be made via credit card, wire transfer, or cashier's check. The auction platform includes a 3-minute extension timer for bids placed within the final three minutes of the auction.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore
- State
- Maryland
- Longitude
- -76.6296532
- Latitude
- 39.3030871
