5461 Cedonia Ave
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5461 Cedonia Ave Immeuble residentiel 12 lots 653 138 € (54 428 €/Lot) Baltimore, MD 21206
Certaines informations ont été traduites automatiquement.
RÉSUMÉ ANALYTIQUE
List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Wednesday, July 9th & ends Monday, July 14, 2025 at 1:00 PM.
Excellent Investment Opportunity: Fully Leased 12-Unit Multifamily Building in Cedonia, Baltimore
Presenting a rare opportunity to acquire a fully occupied 12-unit brick multifamily property situated on approximately 0.901 acres (per SDAT) in the Cedonia neighborhood of Northeast Baltimore City. This well-maintained, three-story building offers a balanced unit mix with six one-bedroom and six two-bedroom apartments—four units per floor.
Rental Income & Occupancy:
• Current Gross Monthly Rent of $12,157
• Current Gross Annual Rent of $145,884
• Five units are rented at market rates, while seven benefit from rental assistance programs.
• According to the seller, seven of the units have been updated/renovated within recent years.
Property Highlights:
• Zoning: R-6
• Lead-Free
• Active Rental License for 12 units (valid through September 13, 2026)
• Separate electric meters for each unit
• 7–8 parking spaces available (per seller)
• Outdoor features include 8 units with balconies and 2 with patios
Ideally located in the Cedonia area of Northeast Baltimore, this property is close to a wide range of amenities including shopping, dining, schools, and recreational facilities. Convenient access to major thoroughfares such as I-95, I-695, and Belair Road enhances tenant appeal and transportation options.
Projected Expenses:
Real Estate Taxes - $13,797 for 2025
Trash removal - $250/monthly
Water - $800/monthly
Insurance - $311/monthly
Maintenance - $200/monthly
Electric - $125/monthly
Note: Pictures are from the Alex Cooper library July 2024.
Diligence Package: Copy of the purchase and sale agreement, lead cert, rental license 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 Wednesday, July 9th & ends Monday, July 14, 2025 at 1:00 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.
Excellent Investment Opportunity: Fully Leased 12-Unit Multifamily Building in Cedonia, Baltimore
Presenting a rare opportunity to acquire a fully occupied 12-unit brick multifamily property situated on approximately 0.901 acres (per SDAT) in the Cedonia neighborhood of Northeast Baltimore City. This well-maintained, three-story building offers a balanced unit mix with six one-bedroom and six two-bedroom apartments—four units per floor.
Rental Income & Occupancy:
• Current Gross Monthly Rent of $12,157
• Current Gross Annual Rent of $145,884
• Five units are rented at market rates, while seven benefit from rental assistance programs.
• According to the seller, seven of the units have been updated/renovated within recent years.
Property Highlights:
• Zoning: R-6
• Lead-Free
• Active Rental License for 12 units (valid through September 13, 2026)
• Separate electric meters for each unit
• 7–8 parking spaces available (per seller)
• Outdoor features include 8 units with balconies and 2 with patios
Ideally located in the Cedonia area of Northeast Baltimore, this property is close to a wide range of amenities including shopping, dining, schools, and recreational facilities. Convenient access to major thoroughfares such as I-95, I-695, and Belair Road enhances tenant appeal and transportation options.
Projected Expenses:
Real Estate Taxes - $13,797 for 2025
Trash removal - $250/monthly
Water - $800/monthly
Insurance - $311/monthly
Maintenance - $200/monthly
Electric - $125/monthly
Note: Pictures are from the Alex Cooper library July 2024.
Diligence Package: Copy of the purchase and sale agreement, lead cert, rental license 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 Wednesday, July 9th & ends Monday, July 14, 2025 at 1:00 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.
INFORMATIONS SUR L’IMMEUBLE
| Prix | 653 138 € | Classe d’immeuble | C |
| Prix par lot | 54 428 € | Surface du lot | 0,36 ha |
| Type de vente | Investissement | Surface de l’immeuble | 792 m² |
| Nb de lots | 12 | Nb d’étages | 3 |
| Type de bien | Immeuble residentiel | Année de construction | 1970 |
| Sous-type de bien | Appartement | Ratio de stationnement | 0,09/1 000 m² |
| Style d’appartement | De faible hauteur | ||
| Zonage | R-6, Baltimore - Residential | ||
| Prix | 653 138 € |
| Prix par lot | 54 428 € |
| Type de vente | Investissement |
| Nb de lots | 12 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Surface du lot | 0,36 ha |
| Surface de l’immeuble | 792 m² |
| Nb d’étages | 3 |
| Année de construction | 1970 |
| Ratio de stationnement | 0,09/1 000 m² |
| Zonage | R-6, Baltimore - Residential |
CARACTÉRISTIQUES
CARACTÉRISTIQUES DU LOT
- Climatisation
LOT INFORMATIONS SUR LA COMBINAISON
| DESCRIPTION | NB DE LOTS | MOY. LOYER/MOIS | m² |
|---|---|---|---|
| Studios | 12 | - | - |
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TAXES FONCIÈRES
| Numéro de parcelle | 6072J-002 | Évaluation des aménagements | 440 824 € |
| Évaluation du terrain | 68 275 € | Évaluation totale | 509 099 € |
TAXES FONCIÈRES
Numéro de parcelle
6072J-002
Évaluation du terrain
68 275 €
Évaluation des aménagements
440 824 €
Évaluation totale
509 099 €
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5461 Cedonia Ave
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