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GUIDED TOUR | FULLY LEASED 36-UNIT MULTIFAMILY PROPERTY IN MOUNT VERNON📍 38-50 W. Biddle St., Baltimore, MD 21201
Explore Apartments on Biddle, a fully leased multifamily investment property in Baltimore City's historic Mount Vernon neighborhood. Featuring 35 residential apartments, one commercial space, and a scheduled gross annual base rent of $566,160, this six-building property offers established rental income and opportunities for additional renovations and value enhancement.
Property Highlights:
• Six historic brick buildings
• 35 residential apartments & 1 commercial space
• Fully leased multifamily property
• 9 studio apartments
• 16 one-bedroom / 1-bath apartments
• 9 two-bedroom apartments
• 1 three-bedroom / 2-bath apartment
• Scheduled gross annual base rent of $566,160
• Combined scheduled annual income of $607,392, including listed additional charges
• 18 apartments renovated between 2017 and 2025
• Opportunity to update 17 remaining classic units
• In-unit washer/dryers in 26 apartments
• Rear parking lot with 12 spaces
• Convenient location near Penn Station, MICA & University of Baltimore
Online Auction Only
Bidding Opens: November 5, 2026 at 12:00 PM
Bidding Closes: November 10, 2026 at 12:00 PM
💰 Opening Bid: $2,000,000
💵 Initial Deposit: $20,000
📞 Auction Agent:
Matthew Cooper | 410-977-4711 | [email protected]
🤝 In Cooperation with Justin Verner
🔗 View Property Details Here:
https://realestate.alexcooper.com/auction-property/1-DIW753
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38-50 W. Biddle St. Baltimore, MD 21201, 38 W Biddle St, Baltimore, MD 21201-5550, United States
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