6 Unit, End-Of-Group Multi-Family Building, in the "Madison Park" Neighborhood of Baltimore City
1712 Madison Ave. Baltimore, MD 21217
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Click here to read our auction buyer FAQGuided Tour Friday October 4th From 3:30PM-4:30PM
Exceptional 6-unit building, just one block from Bolton Hill, offering significant upside potential.
Four of the units have been recently renovated.
The building features a desirable unit mix: (2) two-bedroom units, (1) potential office/efficiency, and (3) one-bedroom units.
Major updates include new plumbing and electrical systems in 2008, and gas-fired forced air units and water heater replaced in 2021.
One of the units is currently occupied month-to-month , offering flexibility.
While recent enhancements have been made to the units and common areas, there is still room for value-add improvements.
Location: within walking distance to the Maryland Institute College of Art (MICA), and near other institutions like University of Baltimore, Johns Hopkins University, Coppin State University, and Baltimore City Community College. The area is also experiencing significant development, including the $120M mixed-use redevelopment of Madison Park North and the $90M mixed-use project at Penn Station.
Diligence Package: A copy of the purchase and sale agreement and 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 Only Auction! Bidding begins Saturday, October 5th and ends Thursday, October 10, 2024 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.
Exceptional 6-unit building, just one block from Bolton Hill, offering significant upside potential.
Four of the units have been recently renovated.
The building features a desirable unit mix: (2) two-bedroom units, (1) potential office/efficiency, and (3) one-bedroom units.
Major updates include new plumbing and electrical systems in 2008, and gas-fired forced air units and water heater replaced in 2021.
One of the units is currently occupied month-to-month , offering flexibility.
While recent enhancements have been made to the units and common areas, there is still room for value-add improvements.
Location: within walking distance to the Maryland Institute College of Art (MICA), and near other institutions like University of Baltimore, Johns Hopkins University, Coppin State University, and Baltimore City Community College. The area is also experiencing significant development, including the $120M mixed-use redevelopment of Madison Park North and the $90M mixed-use project at Penn Station.
Diligence Package: A copy of the purchase and sale agreement and 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 Only Auction! Bidding begins Saturday, October 5th and ends Thursday, October 10, 2024 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.
Thursday
October 10, 2024 12pm EDT
Online bidding only
Sold
$386,900
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