
The four apartment buildings at 3701-3711 Greenmount Ave. in Baltimore already have a mix of short-term and long-term tenants. (Loopnet)
Address: 3701-3711 Greenmount Ave., Baltimore
Property type: Apartments
Size: 26 apartments
Listing price: Auction
Contact: Nick Luciani, auction agent at Alex Cooper Auctioneers, 443-465-4761; nick@alexcooper.com
These four adjacent buildings, consisting of 26 apartments with five attached garages, are fully leased and set for auction later this month.
The properties at 3701-3711 Greenmount Ave. in Waverly offer potential investors an opportunity for a solid income-producing investment. “It’s a very nice location right on Greenmount Avenue,” Nick Luciani, auction agent at Alex Cooper Auctioneers Inc., said.
The properties include a mix of long- and short-term tenants, Luciani said, including residents calling that portion of the city home and students from nearby universities.
The scheduled gross annual rent for the building is $244,164, with rents ranging from $610 to $866 a month.
The development consists of nine three-bedroom and one-bathroom units; nine two-bedroom, one-bath units; and eight one-bedroom and one-bath units.
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