REAL ESTATE AUCTION featuring ON SITE and SIMULCAST BIDDING!! Online Bidding Opens - Monday, June 30, 2025. Live On Site Auction - Wednesday, July 2, 2025 at 11:00 AM. List price is opening bid only. The auction provides an opportunity to buy an income producing asset in a location that has been steadily increasing in demand for several years. The storefront lease is through 2027 with rent increases built into the lease. The apartment lease is month-to-month, giving the buyer flexibility to renegotiate and increase rents. Storefront is rented for $1,292.27 per month. Lease is through April 30, 2027. There is a 2.5% rent increase every year. Apartment is rented for $875 per month including water. Long term (10+ years) tenants are month- to-month.
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Listing Snapshot
Price
$75,000
Days On Site
14 Days
Bedrooms
N/A
Inside Area (SqFt)
1,000 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.02 Acres
Year Built
1900
MLS® Number
MDBA2170764
Status
Active
Property Tax
$3,894
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
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