2107-2109 N Charles St, Baltimore, MD 21218

List price to be opening bid. This is being offered in the same auction as 2101 Lovegrove St. Baltimore, MD 21218, see below for details. Online registration & bidding begins Saturday, August 7th and ends Thursday, August 12nd starting at 12:00pm. VALUE ADDED INVESTMENT: Below market rents. There are vacant units to be renovated/updated and leased. Current Gross Monthly Rent: $3,615. Gross Current Scheduled Annual Rent: $43,380. From Seller's Current & Previous Rents: Potential Monthly Rent: $6,815. Potential Annual Rent: $81,780. The same ownership since 1998. Property Has a Current Multi-Family Dwelling License. Property Description: Unit 1: Located on Lower level became vacant during Covid-19. It was previously a boutique retail store, with ample storage in the back and 2 half baths. It was previously rented for $1,200/monthly and the owner lowered it to $850/monthly to accommodate the tenant. Unit 2: Located on the main level currently occupied by a beauty supply store, with 1 1/2 baths. Rent for $1,415/monthly. Unit 3: Located on the main level and was previously used as office space. Unit is currently vacant. There are 4 separate rooms. FYI: it was last rented for $2,000/monthly, back in 2018. Unit 4: Located on the second floor, efficiency apartment currently rented for $650/monthly. Unit 5: Located on the second floor, 1 bedroom plus 1 bonus room, 1 bath apartment currently rented for $850/monthly. Tenant pays BGE. Unit 6: Located on the third floor, 1 bedroom plus 2 bonus rooms, 1 bath apartment currently rented for $700/monthly. Tenant pays BGE. There is another potential unit that can only be accessed from unit 4; there is a stairwell that leads to the upper top floor of the building with 6 rooms, and is in need of full renovation. Lower level has a separate unfinished space to the right of Unit 1, that can potentially be rented out too; with a 1/2 bath. All commercial units have front and backdoor entrances. All residential unit tenants have access to the fire escape. All units have A/C except for Unit 6. Owner pays BGE for 4 units and common area. Owner also pays taxes, insurance and water. Manner of offering: Auction Lot 1: 2107-2109 N. Charles St. Baltimore, MD 21218. Auction Lot 2: 2101 Lovegrove St. Baltimore, MD 21218. Auction Lot 3: Includes both 2107-2109 N. Charles St., & 2101 Lovegrove St., Baltimore, MD 21218.