4 Unit Multi Fam Bldg in Manchester MD 3155 Church St Immeuble residentiel 4 lots 216 325 € (54 081 €/Lot) Manchester, MD 21102

List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Sunday, June 20 & ends Wednesday, June 25, 2025 at 2:00 PM.
EXCEPTIONAL INVESTMENT: 4-UNIT RESIDENTIAL PROPERTY STEPS FROM DOWNTOWN MANCHESTER!
Discover a fantastic income-generating opportunity with this well-maintained 2-story building, featuring four residential units on a generous 0.55-acre lot. Perfectly positioned just a block from the vibrant Main Street in historic Manchester, MD, this property offers both convenience and consistent returns.
Building & Lot Details:
• Total Above Grade Area: 2,448 +/- sq. ft. (per MD Dept. of Assessment & Taxation).
• Current Gross Monthly Income: $4,875 – A solid return from day one!
Apartment Features:
• Unit 3155 (1 Bed/1 Bath): Welcoming living room, eat-in kitchen, and a charming covered porch. Currently month-to-month at $1,325/month. Central heat and air conditioning. Limited Lead Free Certificate.

• Unit 3157 (1 Bed/1 Bath): Spacious living/dining combination, well-equipped kitchen, and a private deck for outdoor enjoyment. Features electric baseboard heat. Leased for $1,250/month, converting to month-to-month in September 2025. Lead free certificate.

• Unit 3159 (1 Bed/1 Bath): Comfortable living room, functional kitchen, and its own deck. Features electric baseboard heat. Long-term tenant (since Feb. 1997) on a month-to-month lease at $1,200/month. Full Risk Reduction Lead certificate.
• Unit 3161 (1 Bed/1 Bath): Bright living/dining area, practical kitchen, and a relaxing covered porch. Features oil baseboard heat paid by the tenant. Stable, long-term tenant (since Feb. 2005) on a month-to-month lease at $1,100/month. Full Risk Reduction Lead certificate.
Investor Advantages & Property Amenities:
• Low Owner Expenses: Tenants are responsible for their own electric, heat, and hot water.
• Convenience: Ample on-site parking for residents.
• Outdoor Space: Includes a nicely landscaped backyard, perfect for tenant enjoyment.
• Extra Storage: Two separate storage buildings provide additional utility.
The Manchester Appeal: Established in 1833 and home to over 5,000 residents, Manchester exudes a sought-after small-village charm. This property is within easy walking distance of Main Street's diverse restaurants, boutiques, and local businesses, making it highly attractive to tenants.

Diligence Package: A copy of the leases, lead certificates, multi-family dwelling license, purchase and sale agreement with assorted addenda are located in the documents section of the auctioneer's website, link below. In order to gain access, you must create a free account as well as accept a non disclosure agreement.
Auction Notes: Online Auction Only! Bidding begins Sunday, June 20 & ends Wednesday, June 25, 2025 at 2:00 PM.
Online Bidding Notes: The initial deposit must be made via credit card, wire transfer or by Cashier's Check. Please review the online bidding terms and deposit transmittal form in the Documents Section for more details. If a lot receives a bid within the last 3 minutes. it will remain open for an additional 3 minutes. If any further bidding occurs, the extension timer will reset to 3 minutes. If no further bidding activity occurs, the lot closes when the timer runs out.