16-18 E Preston St, BALTIMORE
$600,000 - 6,612 Sf
MLS® # MDBA2160182
22 E Preston St, BALTIMORE
$500,000
0 Beds
0 Baths
4,320 Sqft
.04 Acres
0 Garages
List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Thursday, April 3rd and ends Tuesday, April 8, 2025 at 12:00PM. 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 $7,495. Current gross annual scheduled rent of $89,940. Unit B - 2 Bedroom/1 Bath Rented for $1,399. Unit 1 - 2 Bedroom/2 Bath Rented for $1,399. Unit 2 - 2 Bedroom/2 Bath Rented for $1,399. Unit 3 - 2 Bedroom/2 Bath Rented for $1,599. Unit 4 - 2 Bedroom/2 Bath Rented for $1,699.
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, 2025-June 30, 2026: $8,760. Special Benefit District Surcharge July 1, 2025- June 30, 2026: $490. Ground Rent Per SDAT: $90. Water Per Historical Figures: $83. Electric/Gas Per Historical Figures: $445. Licenses Est. $50/Unit or approximately $250 total. 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!
Essential Information
MLS® #MDBA2160178
Price$500,000
Bathrooms0.00
Square Footage4,320
Acres0.04
Year Built1900
TypeCommercial Sale
Sub-TypeFive Or More Units
StatusActive
Community Information
Address22 E Preston St
CityBALTIMORE
CountyBALTIMORE CITY-MD
StateMD
MunicipalityBaltimore City
Zip Code21202
Interior
HeatingOther
CoolingOther
Exterior
ExteriorBrick and Siding
School Information
DistrictBALTIMORE CITY PUBLIC SCHOOLS
Additional Information
ZoningOR-2
Listing Details
OfficeAlex Cooper Auctioneers, Inc.
LISTING MAP
Properties for Sale Similar to 22 E Preston St, BALTIMORE, MD
© 2019 BRIGHT, All Rights Reserved. Information deemed reliable but not guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which The Verdant Companies participates, and is provided by BRIGHT through a licensing agreement.Real estate listings held by brokerage firms other than The Verdant Companies are marked with the IDX logo and detailed information about each listing includes the name of the listing broker.The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. All listing information copyright Bright 2025.
Listing information last updated on April 11th, 2025 at 4:03am EDT.
