Partially Leased 13 Unit Apartment Building Located Near Loyola University in the "Govans" Neighborhood of Baltimore City **Potential Annual Gross Rent Of $241,800**
13 Unit Brick Apartment Building on a 0.22+/- Acre Lot.
The building is currently just over half leased but has tremendous potential.
Vacant units are move in ready.
**Current gross monthly rent of $6,272**
**Current gross annual scheduled rent of $75,504**
**Potential gross monthly rent of $20,150**
**Potential annual gross rent of $241,800**
Current rent roll:
Unit A1: Vacant (1BR/1BA)
Unit A2: Vacant (1BR/1BA)
Unit A3: Vacant (1BR/1BA)
Unit A4: Vacant (1BR/1BA)
Unit A6: Vacant (1BR/1BA)
Unit A8: Vacant (Studio)
Unit A10: Vacant (Studio)
Unit B1: Rented for $1,399/month (1BR/1BA)
Unit B2: Rented for $1,100/month (1BR/1BA)
Unit B3: Rented for $1,390/month (1BR/1BA)
Unit B4: Vacant (1BR/1BA)
Unit B6: Rented for $975/month (1BR/1BA)
Unit B8: Rented for $1,399/month (1BR/1BA)
Diligence Package: A copy of the leases, lead certificates, rental license, purchase and sale agreement 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 registration & bidding begins Friday, September 5, 2025 & ends Wednesday, September 10, 2025 at 12:00PM.
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.