Embassy Apartments 3809 Clarks Ln Immeuble residentiel 47 lots À vendre Baltimore, MD 21215

List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Saturday, July 25th and ends Thursday, July 30, 2026 at 12:00 PM.
Co listing with Justin Verner at Harbor Stone
GUIDED TOUR:
TUESDAY, JULY 28th STARTING AT 12:00PM
Rare opportunity to acquire The Embassy Apartments, a well-established mixed-use asset located in Baltimore's desirable Glen neighborhood. This income-producing property consists of 32 residential apartments and 15 office suites, offering a diversified revenue stream and long-term investment stability.
The commercial component is fully occupied, with all 15 office suites leased, providing consistent cash flow from an established tenant base. The residential portion features 32 apartment units, 29 of which are currently occupied, presenting immediate income with additional upside through lease-up of the remaining vacancies.
Strategically positioned along Clarks Lane with convenient access to major transportation routes, employment centers, retail amenities, and neighborhood services, The Embassy Apartments offers investors the opportunity to acquire a stabilized mixed-use property with existing cash flow and future value-add potential.
Unit Mix:
6 - 1 Bedroom 1 Bath Units
22 - 2 Bedroom 2 Bath Units
4 - 3 Bedroom 2 Bath Units
**Scheduled Gross Monthly Rent of $49,100**
**Scheduled Gross Annual Rent of $589,200**
**Potential Gross Monthly Rent of $54,000**
**Potential Gross Annual Rent of $648,000**
Projected Annual Expenses:
Taxes (7/1/26-6/30/27) $69,834
Gas & Electric (Per 2024 Expenses) $43,896
Water (Per Recent Bills) $42,469
Trash Removal "To come"
Licenses (Estimated at $50/Unit) $2,400
The information contained herein was obtained from sources deemed to be reliable, but is offered for informational purposes only. Neither the auctioneer, co-listing broker or the owner make any representations or warranties with respect to the accuracy of information.
Additional Photos can be viewed in the link above
Diligence Package: A copy of the purchase and sale agreement, leases, lead certificate, rental license with assorted addenda are located in the documents section. 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 Saturday, July 25th and ends Thursday, July 30, 2026 at 12:00 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.
Co listing with Justin Verner at Harbor Stone