4 Unit Apartment Building | 1409 Druid Hill Ave
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4 Unit Apartment Building 1409 Druid Hill Ave
4 Unit Apartment Building $316,440 CAD ($79,110 CAD/Unit) Baltimore, MD 21217
Executive Summary
List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Online Auction Only! Bidding begins Wednesday, December 4, 2024 & ends Monday, December 9, 2024 at 12:30 PM.
A great opportunity to purchase a 4-Unit Multifamily apartment building in the Upton neighborhood of Baltimore City. This brick-front building has 4 levels with 3 one bedroom units and 1 two bedroom unit.
**Potential Gross Monthly Rent of $4,050**
Unit Description (Per the owner):
Unit 1 - $1,000/monthly rent - month-to-month rental agreement.
2 bedrooms and 1 full bath.
Unit 2 - $1,250/monthly rent - month-to-month rental agreement.
1 bedrooms and 1 full bath.
Unit 3 - $950/monthly rent - month-to-month rental agreement.
1 bedroom and 1 full bath.
Unit 4 - Just became vacant. (Updated 11/11/2024 11:30am)
1 bedroom and 1 full bath.
Baltimore City Rental Property License: The license expires March 20, 2025. There are 4 units including 3 Dwelling Units and 1 Rooming Unit. There are separate gas & electric meters for each unit. Tenants pay BG&E, owner pays water.
Location: The property is located Northwest of Downtown Baltimore, in the Upton neighborhood. There is dining, shopping, schools, recreational facilities, hospital, and access to transportation routes including the Jones Falls Expressway. Nearby is Druid Hill Park, The Walters Art Gallery, Oriole Park at Camden Yards, M&T Bank Stadium & more.
Diligence Package: Copy of the purchase and sale agreement, lead cert, rental license with assorted addenda are located in the documents section. In order to gain access, you must create a free account as well as accept a non-disclosure agreement.
Auction Notes: Online Auction Only! Bidding begins Wednesday, December 4, 2024 & ends Monday, December 9, 2024 at 12:30 PM.
Online Bidding Notes: The initial deposit must be made via credit card, wire transfer or by Cashier's Check. Please review the online bidding terms and deposit transmittal form in the Documents Section for more details. If a lot receives a bid within the last 3 minutes. it will remain open for an additional 3 minutes. If any further bidding occurs, the extension timer will reset to 3 minutes. If no further bidding activity occurs, the lot closes when the timer runs out.
A great opportunity to purchase a 4-Unit Multifamily apartment building in the Upton neighborhood of Baltimore City. This brick-front building has 4 levels with 3 one bedroom units and 1 two bedroom unit.
**Potential Gross Monthly Rent of $4,050**
Unit Description (Per the owner):
Unit 1 - $1,000/monthly rent - month-to-month rental agreement.
2 bedrooms and 1 full bath.
Unit 2 - $1,250/monthly rent - month-to-month rental agreement.
1 bedrooms and 1 full bath.
Unit 3 - $950/monthly rent - month-to-month rental agreement.
1 bedroom and 1 full bath.
Unit 4 - Just became vacant. (Updated 11/11/2024 11:30am)
1 bedroom and 1 full bath.
Baltimore City Rental Property License: The license expires March 20, 2025. There are 4 units including 3 Dwelling Units and 1 Rooming Unit. There are separate gas & electric meters for each unit. Tenants pay BG&E, owner pays water.
Location: The property is located Northwest of Downtown Baltimore, in the Upton neighborhood. There is dining, shopping, schools, recreational facilities, hospital, and access to transportation routes including the Jones Falls Expressway. Nearby is Druid Hill Park, The Walters Art Gallery, Oriole Park at Camden Yards, M&T Bank Stadium & more.
Diligence Package: Copy of the purchase and sale agreement, lead cert, rental license with assorted addenda are located in the documents section. In order to gain access, you must create a free account as well as accept a non-disclosure agreement.
Auction Notes: Online Auction Only! Bidding begins Wednesday, December 4, 2024 & ends Monday, December 9, 2024 at 12:30 PM.
Online Bidding Notes: The initial deposit must be made via credit card, wire transfer or by Cashier's Check. Please review the online bidding terms and deposit transmittal form in the Documents Section for more details. If a lot receives a bid within the last 3 minutes. it will remain open for an additional 3 minutes. If any further bidding occurs, the extension timer will reset to 3 minutes. If no further bidding activity occurs, the lot closes when the timer runs out.
Property Facts
| Price | $316,440 CAD | Building Class | C |
| Price Per Unit | $79,110 CAD | Lot Size | 0.04 AC |
| Sale Type | Investment | Building Size | 2,000 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1920 |
| Apartment Style | Mid Rise | Opportunity Zone |
Yes
|
| Price | $316,440 CAD |
| Price Per Unit | $79,110 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 2,000 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1920 |
| Opportunity Zone |
Yes |
Unit Amenities
- Air Conditioning
- Kitchen
- Oven
- Range
- Tub/Shower
1 of 1
Walk Score ®
Very Walkable (84)
Transit Score ®
Rider's Paradise (92)
Bike Score ®
Very Bikeable (72)
zoning
| Zoning Code | R-8 (Residential Zoning - 58 Unit Max) |
| R-8 (Residential Zoning - 58 Unit Max) |
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Matt Cooper -
Larry Cooper -
Alex Cooper Auctioneers, Inc.
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4 Unit Apartment Building | 1409 Druid Hill Ave
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