3707 W FRANKLIN ST Baltimore, MD 21229

List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding will begin on Saturday, April 5th & ends Thursday, April 10, 2025 at 11:30AM. Here's an excellent opportunity to own a two-unit townhouse, located in the Allendale neighborhood of Baltimore City. The property comes with a Baltimore City Rental Property License, allowing 2 Dwelling Units, valid until May 8, 2027, and is lead-free. This is a prime investment opportunity! Potential Gross Monthly Rent: $2,015. Potential Gross Annual Rent: $24,180. Apartment A: Rent: $925/month. Occupies the main and lower level. This unit includes: • Main level: Living area, 2 bedrooms and 1 full bath • Lower level: Eat-in kitchen, full bathroom & bonus room. Apartment B: Tenant just vacated the property, and had a $1,090 monthly rent. Occupies the upper level, which includes: • Living area, 2 bedrooms, full bath & kitchen.
Per the seller: The roof was replaced in 2022. In Apartment A: the HVAC was replaced in 2022 & the bathroom was updated in 2023. In Apartment B: the HVAC was replaced in 2023 & the bathroom was updated in 2023. Location: This property is situated in the Allendale neighborhood of Baltimore City, conveniently located near dining, shopping, schools, and recreational facilities. It also offers easy access to major transportation routes. This property is a promising income-generating asset in a well-connected area, perfect for investors looking to expand their portfolio!