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33157017
33156983

14 E OVERLEA AVE, BALTIMORE, MD 21206

MC
MD MD 594308
Alex Cooper Auctioneers, Inc
Listed by Alex Cooper Auctioneers, Inc
$650,000
9 days on market
Updated 8 days ago

10 & 14 E OVERLEA AVE BALTIMORE MD 21206

Details
APN 14-1408067475
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,873
Units 11
Tenancy Multi
Pro-Forma NOI $206,160
Year Built 1896
Stories 2
Lot Size (SqFt) 15,000
Investment Type Value Add
Sale Condition N/A

About This Property

Marketing description

*GUIDED TOUR FRIDAY, JUNE 5, 2026 BEGINNING PROMPTLY AT 11:00 AM*

*LIST PRICE IS OPENING BID AT ONLINE AUCTION TO BE CONDUCTED ON AUCTIONEER'S WEBSITE*

Link to Online Auction: https://realestate.alexcooper.com/auction-property/1-CN07Y1

Exceptional multifamily investment opportunity located at 10 & 14 E. Overlea Avenue in the desirable Overlea neighborhood of Baltimore. This unique offering consists of two detached multifamily buildings with a combined 16 residential units, presenting investors with immediate cash flow and additional upside through lease-up of the current vacancies.

10 E. Overlea Avenue:

Comprised of 5 units - 4 of the units are currently leased

• 3 - 1 Bedroom 1 Bath

• 1 - 2 Bedroom 1 Bath

• 1 - 3 Bedroom 1 bath

• Laundry in basement (coin operated)

• Parking in rear - 1 space per unit included in rent

• Approximately 3,881 sq. ft. above grade and approximately 15,000 sq. ft. lot.

**Scheduled Gross Monthly Rent of $4,569**

**Scheduled Gross Annual Rent of $54,828**

**Fully Leased Potential Gross Monthly Rent of $5,419**

**Fully Leased Potential Gross Annual Rent of $65,208**

14 E. Overlea Avenue:

Comprised of 11 units - 10 of the units are currently leased

• 10 - 1 Bedroom 1 bath

• 1 - 2 Bedroom 1 bath

• Laundry in basement (coin operated) Brings in approximately $100/mth

• Approximately 6,873 sq. ft. above grade and approximately 15,000 sq. ft. lot.

**Scheduled Gross Monthly Rent of $10,846**

**Scheduled Gross Annual Rent of $130,152**

**Fully Leased Potential Gross Monthly Rent of $11,746**

**Fully Leased Potential Gross Annual Rent of $140,952**

2025 Annual Expenses for 10-14 E. Overlea Avenue:

Real Estate Taxes - $13,733

Insurance - $11,771

Gas/Electric paid by landlord - $11,001

Pest Control - $2,681

Trash Removal - Baltimore County (no landlord expense)

Overview of Utilities & Mechanical Systems:

10 E. Overlea Avenue

• One common electric meter for the building (owner-paid)

• Central gas-fired water heater serving the building

• Each unit has an individual gas boiler and separate gas meter

• Radiator heat throughout units

14 E. Overlea Avenue

• Individually metered electric and gas service for each unit

• Each unit has its own gas-fired water heater

• Electric baseboard heating throughout

• Tenants provide their own window A/C units

• Estimated electrical service: approximately 50–60 amps per unit

The information contained herein was obtained from sources deemed to be reliable, but is offered for informational purposes only. Neither the auctioneer or the owner make any representations or warranties with respect to the accuracy of information.

Diligence Package: A copy of the purchase and sale agreement, leases, lead certs, rent roll, rental license, and 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 Friday, June 5th, and ends Wednesday, June 10, 2026 at 12:00PM.

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.

Investment highlights

*GUIDED TOUR FRIDAY, JUNE 5, 2026 BEGINNING PROMPTLY AT 11:00 AM*

Substantially Leased 16 Units Apartment Complex in the Overlea area of Baltimore County **Potential Gross Annual Rent of $206,160**

Listing Contacts

MC
MD MD 594308
Alex Cooper Auctioneers, Inc
Listed by Alex Cooper Auctioneers, Inc

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Additional Information

Name
Matthew Cooper
License
MD 594308
Brokerage
Alex Cooper Auctioneers, Inc.
Title
Real Estate Broker
Brokerage Address
908 York Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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