712 Winston Ave, Baltimore, MD 21212
INCOME PRODUCING MULTI-FAMILY OPPORTUNITY | 3 RENTAL UNITS | DEVELOPMENT OPPORTUNITY | LARGE LOT
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***ONLINE PUBLIC AUCTION***
Auction Begins 06/22 10:00 AM, Auction Ends 06/24 12:40 PM
***LIST PRICE IS SUGGESTED OPENING BID***
Visit www.AshlandAuction.com for more information.
Call 410-488-3124
This income-producing multi-family property is located in the Winston-Govans neighborhood of Baltimore City. The property is improved by a 3-unit residential building with separate entrances and separately metered utilities. All units are currently occupied, providing immediate rental income for investors seeking stabilized cash flow with additional upside potential. The property is situated on a large lot with rear development potential.
Current Rental Income:
- Unit 1: $1,245/month (2-Year Lease)
- Unit 2: $1,460/month (Month-to-Month)
- Unit 3: $1,175/month (1-Year Lease; approximately halfway through term)
Total Gross Scheduled Rent: $3,880/month | $46,560/year
Seller indicates the property includes:
- Rental License
- Lead Certificates
- Existing Leases
- Separate Unit Entrances
- 2 Utility Meters
JUST MINUTES to Towson, Loyola University Maryland, Morgan State University, Belvedere Square, and major commuter routes throughout North Baltimore. Easy access to York Road, Northern Parkway, and I-83.
Properties with existing cash flow and future development potential are increasingly difficult to find within Baltimore City, particularly in established residential neighborhoods with strong rental demand.
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