Baltimore, MD 21216,3210-12 WALBROOK AVE
Baltimore, MD 21216,3210-12 WALBROOK AVE
Baltimore, MD 21216,3210-12 WALBROOK AVE
Baltimore, MD 21216,3210-12 WALBROOK AVE
Baltimore, MD 21216,3210-12 WALBROOK AVE
Baltimore, MD 21216,3210-12 WALBROOK AVE
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$1,425,000

$750,000

90.0%
Est.Price: ?

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Est. payment /mo

12,480 SqFt


SOLD DATE : 12/23/2024

Key Details

Sold Price $1,425,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 12,480 sqft

Price per Sqft $114

MLS Listing ID MDBA2142224

Sold Date 12/23/24

Originating Board BRIGHT

Year Built 1925

Annual Tax Amount $10,735

Tax Year 2024

Property Description

GUIDED TOUR FOR VACANT UNITS ON 10/23 PROMPTLY AT 12PM.
GUIDED TOUR FOR ENTIRE BUILDING ON 10/28 PROMPTLY AT 12PM.

List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Friday, October 25th & ends Wednesday, October 30th, 2024 at 12:00pm. An excellent opportunity to purchase a 29 unit apartment complex. The buildings are configured with 16 1BR/1BA units and 13 2BR/1BA units. The property is zoned R-7. 15 units are currently leased. 3210 Walbrook: Improved by a 12,480+/- SF apartment building on a 0.56+/- acre lot according to tax records.
3212 Walbrook: Improved by a 8,895+/- SF apartment building on a 0.20+/- acre lot according to tax records. Current rent roll is available in the document section. **Potential Gross Monthly Rent of $37,800** **Potential Gross Annual Rent of $453,600** Estimated market rents: 1BR/1BA: $1,200/month, 2BR/1BA: $1,400/month, 3BR/1BA: $1,500/month. Utilities: The units are individually metered for gas and eclectic. Electric service is between 100-125 AMPs per unit. Each unit has a gas water heater, which is in the lower level. The units are heated by gas forced air furnaces. Ammenities: The complex has a large laundry room. Location: The Walbrook Apartments are conveniently located in western Baltimore City, just one block from Leakin Park. Nearby amenities include Edgewood Elementary School, KASA Middle and High School, and the Walbrook Junction Shopping Center, all within a two-block walk. Coppin State University is a short three-minute drive east, and Mondawmin Mall is six minutes northeast. There are bus stops nearby.

Location

State MD

County Baltimore City

Zoning R-7

Interior

Hot Water Other

Heating Forced Air

Cooling Other

Heat Source Other

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0315293016 002A

Ownership Other

Special Listing Condition Auction

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Bright MLS (BMLS)
Listed by Matthew S Cooper • Alex Cooper Auctioneers, Inc.
Bought with Unrepresented Buyer • Unrepresented Buyer Office
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