827 Howard StBaltimore, MD 21201

This exceptional three-story mixed-use building, located in Baltimore's desirable Mount Vernon neighborhood, presents a lucrative investment opportunity. Boasting 2,862 square feet, the property features a ground-level retail space and two upper-level apartment units, each with a one-bedroom, living room, kitchen, and bathroom. The building enjoys a prominent location on Howard Street's "Antique Row," directly across from Maryland General Hospital, and benefits from high visibility and foot traffic. The apartments include in-unit washer/dryer and dishwasher, and feature fantastic original wood floors. Currently fully leased, the property generates a substantial gross annual rent of $50,208, with monthly rents of $1,854, $1,130, and $1,200 respectively. Tenants are responsible for utilities. The building sits on a 15' x 83' lot and is zoned C-1, allowing for a variety of commercial uses within a pedestrian-oriented corridor. This designation ensures compatibility with neighboring residential properties. The property is situated within a vibrant cultural district, close to major institutions, public transit, and the Light Rail. The building's brick front and classic architecture contribute to its charm and appeal. A comprehensive diligence package, including leases and lead certificates, is available. This is an online auction only; bidding begins November 2nd and ends November 7th, 2022, at 12:00 PM. Annual ground rent is $45.