22 E Preston St,BALTIMORE, MD 21202
BALTIMORE, MD 21202
Description
List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Thursday, September 24th and ends Tuesday, September 29, 2026 at 12:00PM. GUIDED TOUR WEDNESDAY, SEPTEMBER 23, 2026 STARTING AT 12PM Fully Leased 5 Unit Apartment Building in the "Mount Vernon" Neighborhood of Baltimore City. Approximately 4,320+/- sq. ft. of above grade living space and 1,080+/- sq. ft. below grade living space. Current gross monthly scheduled rent of $8,595Current gross annual scheduled rent of $103,140 Unit B - 2 Bedroom/1 Bath Rented for $1,499 Unit 1 - 2 Bedroom/2 Bath Rented for $1,699Unit 2 - 2 Bedroom/2 Bath Rented for $1,799Unit 3 - 2 Bedroom/2 Bath Rented for $1,799 Unit 4 - 2 Bedroom/2 Bath Rented for $1,799 Utilities: The units are individually metered for gas and electric. Key Items:- All central heat pump systems replaced by prior owner, it is possible some are under warranty.- Roof replaced in 2020- All units have W/D Expenses: Property Taxes, July 1, 2026-June 30, 2027: $8,893.26Special Benefit District Surcharge July 1, 2026- June 30, 2027: $497Annual Ground Rent Per SDAT: $90Water Per Historical Figures: $83Electric/Gas Per Historical Figures: $445Licenses Est. $50/Unit or approximately $250 total. TOTAL ANNUAL EXPENSES: $10,119+/- Location: Mount Vernon is a designated National Landmark Historic District and a city Cultural District. It boasts stunning 19th century architecture and well kept parks. Being close to downtown, Mount Vernon is well-served by public transit and is blocks from Light Rail. The neighborhood is home to a mix of institutions, including the Peabody Conservatory, Walters Art Museum, University of Baltimore, Maryland Historical Society, Maryland Institute College of Art, Joseph Meyerhoff Symphony Hall, Baltimore School for the Arts, Lyric Opera House, Center Stage & much more! The information contained herein was obtained from sources deemed to be reliable, but is offered for informational purposes only. Neither the auctioneer or the owner make any representations or warranties with respect to the accuracy of information.
Details
| MLS # | MDBA2230310 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1900 |
| Days On Site | 13 |
| Listing Provided By | Alex Cooper Auctioneers, Inc. | Matthew S Cooper |
Features
| Basement | Y |
|---|---|
| Units | 4 |
| Zoning | OR-2 |
| Acreage | 0.04 |
Interior
| Cooling | Other |
|---|---|
| Heating Yes / No | Yes |
| Heating | Other |
Exterior
| Construction Materials | Other |
|---|
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 8760 |
|---|
Area Information
| State | MD |
|---|---|
| County | BALTIMORE CITY MD |
| City | BALTIMORE |
| Zip Code | 21202 |
| Area | BALTIMORE CITY MD |
| School District | BALTIMORE CITY PUBLIC SCHOOLS |
| Listing VS Median (in 21202) | |
Price: $500,000 low | high Med: $150,000 On site: 13 low | high Med: 713.5 | |
Market Activity 21202
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Learn More About This Property
| State | MD |
|---|---|
| County | BALTIMORE CITY MD |
| City | BALTIMORE |
| Zip Code | 21202 |
| Area | BALTIMORE CITY MD |
| School District | BALTIMORE CITY PUBLIC SCHOOLS |
| Listing VS Median (in 21202) | |
Price: $500,000 low | high Med: $150,000 On site: 13 low | high Med: 713.5 | |
