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Listed by Larry Cooper • Alex Cooper Auctioneers, Inc.
$150,000
Est. payment /mo
2,787 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDBA2212108
Year Built 1920
Annual Tax Amount $5,775
Tax Year 2025
Lot Size 2,787 Sqft
Acres 0.06
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
List price is opening bid. Online Auction Only! Bidding begins Saturday, May 16th and ends Thursday, May 21, 2026 at 11:00 AM. Fully tenant-occupied mixed-use property located in the vibrant Waverly neighborhood of Baltimore City. This two-unit building features a ground-level commercial space and a second-floor residential unit, offering immediate cash flow.
Investment Highlights:
• Current Monthly Income: $2,715
• Annual Gross Income: $32,580
• Two-unit mixed-use: 1 retail + 1 residential
• Separately metered electric
Main Level – Commercial Space ($1,800/month):
Secured under a 5-year lease (Nov 2025 – Oct 2030) with tenant responsible for utilities per lease terms. Features include a storefront with large glass display windows, laminate wood flooring in the lobby, and a flexible layout with retail area, storage room, open workspace, and mudroom. Kitchenette includes sink and refrigerator, plus a half bath.
Lower Level:
Full unfinished basement divided into two open areas, ideal for storage or utility use. Includes sump pump, gas water heater, forced hot air system, and two electrical panels.
Second Floor – Residential Unit ($915/month | Section 8):
Long-term tenant in place. One-bedroom, one-bath unit with private entrance. Carpeted living and bedroom areas, tile kitchen flooring, and forced hot air heat. Tenant pays BGE; landlord covers water.
Exterior Features:
Fenced backyard and A/C condenser unit.
A solid investment opportunity offering dependable rental income with both commercial and residential components in an established Baltimore neighborhood.
Investment Highlights:
• Current Monthly Income: $2,715
• Annual Gross Income: $32,580
• Two-unit mixed-use: 1 retail + 1 residential
• Separately metered electric
Main Level – Commercial Space ($1,800/month):
Secured under a 5-year lease (Nov 2025 – Oct 2030) with tenant responsible for utilities per lease terms. Features include a storefront with large glass display windows, laminate wood flooring in the lobby, and a flexible layout with retail area, storage room, open workspace, and mudroom. Kitchenette includes sink and refrigerator, plus a half bath.
Lower Level:
Full unfinished basement divided into two open areas, ideal for storage or utility use. Includes sump pump, gas water heater, forced hot air system, and two electrical panels.
Second Floor – Residential Unit ($915/month | Section 8):
Long-term tenant in place. One-bedroom, one-bath unit with private entrance. Carpeted living and bedroom areas, tile kitchen flooring, and forced hot air heat. Tenant pays BGE; landlord covers water.
Exterior Features:
Fenced backyard and A/C condenser unit.
A solid investment opportunity offering dependable rental income with both commercial and residential components in an established Baltimore neighborhood.
Location
State MD
County Baltimore City
Zoning C-1
Interior
Hot Water Natural Gas
Heating Other
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility 2+ Access Exits
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0309024049C005
Ownership Fee Simple
Special Listing Condition Auction
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Nearby School & Business
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