$288,750
$150,000
92.5%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 01/08/2024
Key Details
Sold Price $288,750
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MDBA2103338
Sold Date 01/08/24
Originating Board BRIGHT
Year Built 1950
Tax Year 2022
Property Description
List price to be opening bid. Online auction to be conducted on Auctioneers website. Online Auction Only! Bidding begins Saturday, December 9th and ends Thursday, December 14th, 2023, starting at 1:20pm EST. 36 Garages (Of Which 35 Are Leased) in the "Brooklyn" Neighborhood of Baltimore City **Current Annual Scheduled Rent Of $37,320** Current gross monthly rent of $3,110. Current annual scheduled rent of $37,320. Garrett St.(between 2nd and 3rd Streets) Baltimore, MD 21225)
Select Expenses: Gross rent - $37,320, Taxes - $1,189, Water Tax - $804.
**THIS IS BEING HELD AS PART OF A GALLERY SALE*
Lot 1 @1:00pm
40 Garages on Freeman St.
Current gross monthly rent of $3,720
Current annual scheduled rent of $44,640
Lot 2 @1:20pm
36 Garages on Garrett St.
Current gross monthly rent of $3,110
Current annual scheduled rent of $37,320
Lot 3 @1:40pm
76 Total Garages on Freeman St. and Garrett St.
Current gross monthly rent of $6,830
Current annual scheduled rent of $81,960
Manner of Sale: Auction Lots 1 & 2 are being offered individually. Then Auction Lots 1 & 2 are being offered as an entirety in Auction Lot 3. The manner of offering that brings the highest price will be the winning bid. Please review and participate in the entirety offering if you are interested in purchasing all 76 Garages.
Location
State MD
County Baltimore City
Zoning UNK
Interior
Hot Water Other
Heating Other
Cooling Other
Heat Source Other
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Other
Water Other
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID NO TAX RECORD
Ownership Other
Special Listing Condition Auction
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Bought with Matthew S Cooper • Alex Cooper Auctioneers, Inc.