Description
List price is opening bid. Online auction to be conducted on Auctioneers website Online Auction Only! Online Auction Only! Bidding begins Friday, February 13, 2026 & ends Wednesday, February 18, 2026 at 1:00 PM. Well-maintained six-unit multifamily asset on a .265± Acre lot the desirable Reservoir Hill neighborhood of Baltimore City. The property consists of four (4) two-bedroom, one-bath units and two (2) three-bedroom, one-bath units, with three occupied units providing in-place cash flow and three vacant units, creating an immediate value-add and lease-up opportunity. Most units measure approximately 900± SF, with one two-bedroom unit at approximately 850 SF, offering spacious layouts that support strong rental demand. All units feature hardwood floors, ceiling fans, overhead lighting, and digital thermostats. Kitchens are upgraded with granite countertops, stainless steel appliances, built-in microwaves, tile backsplash, and mini blinds, while bathrooms include ceramic tile finishes—attractive to quality tenants and supportive of premium rents with minimal deferred maintenance. Each unit is individually equipped with in-unit washer and dryer, central HVAC, gas furnace, tankless water heater, and separate 100-amp electric service, reducing future capital expenditures and improving long-term operating efficiency. Tenants pay their own gas, electric, and cable/internet, keeping owner expenses low and NOI strong. Located near major commuter routes, public transportation, and neighborhood redevelopment activity, the property is well positioned for rent growth and appreciation in a historically strong Baltimore City submarket. Ideal for investors seeking a turnkey building with modern systems, minimal deferred maintenance, and clear upside potential. Projected Annual Expenses: Real Estate Taxes: $4,017.00 Water: $4,804.00 Utilities: $2,957.00 Inspections: $150.00 Landscaping: $1,170.00 **Trash Pick Up Through Baltimore City**
Description
List price is opening bid. Online auction to be conducted on Auctioneers website Online Auction Only! Online Auction Only! Bidding begins Friday, February 13, 2026 & ends Wednesday, February 18, 2026 at 1:00 PM. Well-maintained six-unit multifamily asset on a .265± Acre lot the desirable Reservoir Hill neighborhood of Baltimore City. The property consists of four (4) two-bedroom, one-bath units and two (2) three-bedroom, one-bath units, with three occupied units providing in-place cash flow and three vacant units, creating an immediate value-add and lease-up opportunity. Most units measure approximately 900± SF, with one two-bedroom unit at approximately 850 SF, offering spacious layouts that support strong rental demand. All units feature hardwood floors, ceiling fans, overhead lighting, and digital thermostats. Kitchens are upgraded with granite countertops, stainless steel appliances, built-in microwaves, tile backsplash, and mini blinds, while bathrooms include ceramic tile finishes—attractive to quality tenants and supportive of premium rents with minimal deferred maintenance. Each unit is individually equipped with in-unit washer and dryer, central HVAC, gas furnace, tankless water heater, and separate 100-amp electric service, reducing future capital expenditures and improving long-term operating efficiency. Tenants pay their own gas, electric, and cable/internet, keeping owner expenses low and NOI strong. Located near major commuter routes, public transportation, and neighborhood redevelopment activity, the property is well positioned for rent growth and appreciation in a historically strong Baltimore City submarket. Ideal for investors seeking a turnkey building with modern systems, minimal deferred maintenance, and clear upside potential. Projected Annual Expenses: Real Estate Taxes: $4,017.00 Water: $4,804.00 Utilities: $2,957.00 Inspections: $150.00 Landscaping: $1,170.00 **Trash Pick Up Through Baltimore City**
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