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    5225 Fairlawn Avenue

    BALTIMORE, MD 21215
    • $200,000
    • STATUS: Active
    • ON SITE: 26 days
    • ID#: MDBA525648
    UPDATED: 48 min ago
    $200,000
    • 0
      BEDS
    • 0.55
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1960
    County:

    School Ratings & Info

    Description

    ONLINE AUCTION: Bidding Begins 11/9 @ 10:00 am. Ends 11/10 @ 11:20 am. ATTENTION INVESTORS HUGE INDUSTRIAL OPPORTUNITY! Investment Highlights: - 10,000 square foot, multi-tenant industrial building - 12,000 square foot fenced open lot - Building can be subdivided to accommodate more tenants and increase cash flow - Large inter city site for future development - Zoning is one of the highest industrial uses - Potential Strong Cash Flow The 10,000 square foot building was constructed in 1960 of cinder block, steel and siding. The building consists of 3 contiguous buildings that can be rented separately or as one unit. The Property sits on a 22,000 square foot lot. The Property, situated in the Woodmere neighborhood (Within the Pimlico Area), is in the middle of a primarily commercial district with access to main arteries, public transportation and a large potential customer base for potential tenants. Development projects have been springing up in close proximity to the Property making this a unique opportunity to acquire assets like 5225 Fairlawn for mid-size future development opportunities and significant cash flow potential in the short term. Property is Currently Occupied by Non-Paying Tenants. Buyer is purchasing property subject to the existing occupants of record. Purchaser is responsible for obtaining possession of property. 10% Buyer?s Premium will be added to the high Bid. $20,000 Deposit must be tendered at the time of sale. Deposit to Be increased to 10% of Total Purchase Price Within 72 Hours. 2.5% Broker Co-Op. Agents Register Your Clients. Please Visit Ashland Auction?s website for more details. For full Terms and Conditions visit the auctioneer's website, or contact the auctioneer s office.

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    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Redux Group | Keller Williams. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-10-21T10:53:47.473.
    dmv.thereduxgroup.com/homes/110366914
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    5225 Fairlawn Avenue BALTIMORE, MD 21215

    • Price: $200,000
    • Status: Active
    • Updated: 48 min ago
    • ID#: MDBA525648
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.55
    Acres
    1960
    Built
    Neighborhood:
    Woodmere
    County:
    Baltimore City
    School District:
    Baltimore City Public Schools
    Property Description
    ONLINE AUCTION: Bidding Begins 11/9 @ 10:00 am. Ends 11/10 @ 11:20 am. ATTENTION INVESTORS HUGE INDUSTRIAL OPPORTUNITY! Investment Highlights: - 10,000 square foot, multi-tenant industrial building - 12,000 square foot fenced open lot - Building can be subdivided to accommodate more tenants and increase cash flow - Large inter city site for future development - Zoning is one of the highest industrial uses - Potential Strong Cash Flow The 10,000 square foot building was constructed in 1960 of cinder block, steel and siding. The building consists of 3 contiguous buildings that can be rented separately or as one unit. The Property sits on a 22,000 square foot lot. The Property, situated in the Woodmere neighborhood (Within the Pimlico Area), is in the middle of a primarily commercial district with access to main arteries, public transportation and a large potential customer base for potential tenants. Development projects have been springing up in close proximity to the Property making this a unique opportunity to acquire assets like 5225 Fairlawn for mid-size future development opportunities and significant cash flow potential in the short term. Property is Currently Occupied by Non-Paying Tenants. Buyer is purchasing property subject to the existing occupants of record. Purchaser is responsible for obtaining possession of property. 10% Buyer?s Premium will be added to the high Bid. $20,000 Deposit must be tendered at the time of sale. Deposit to Be increased to 10% of Total Purchase Price Within 72 Hours. 2.5% Broker Co-Op. Agents Register Your Clients. Please Visit Ashland Auction?s website for more details. For full Terms and Conditions visit the auctioneer's website, or contact the auctioneer s office.
    Exterior Features

    Construction Materials BlockSteel Siding Garage YN No Parking Types On Street Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 10000.00 Cooling None Heating Forced Air Heating YN Yes Net Square Feet 10000.00

    Property Features

    Accessibility Features Other Assessment Year 2020 Association YN No Business Type Auto RelatedOther Central Air YN No Cooling Fuel Electric Heating Fuel Natural Gas Hot Water Other Incorporated City Name Baltimore City Navigable Water YN N New Construction YN No Number Of Units Total 5 Original MLSNumber 304314962075 Ownership Interest Fee Simple Possession Settlement Property Sub Type Industrial Sale Type Auction Section 01 Sewer Public Sewer Tax Annual Amount 5656.00 Tax Assessment Amount 241233.00 Tax Lot 045 Vacation Rental YN No Water Source Public Zoning I-2

    Listing courtesy of Ashland Auction Group Llc.


    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Redux Group | Keller Williams. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-10-21T10:53:47.473.
     
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