REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING!! Online Bidding Opens - Monday, May 19, 2025. Live On Site Auction - Wednesday, May 21, 2025 at 11:00 AM. List price is opening bid only. Mixed-Use Assemblage - 4 Unit Retail Strip & 9 Residential Units - $151, 200 Gross Annual Income -100% Occupied - Value Add Opportunity! The property is comprised of three tax records known as 1723, 1725 and 1727 Earhart Road, but is better known by the commercial addresses of 1752-1758 Eastern Boulevard. The property comprises a retail strip of 4 storefronts, 6 apartment units and three single family rental homes. All 13 units are occupied, many at under market rents, with a total gross scheduled annual rent of $151, 200. The high exposure location sits a short distance east of the Eastern Boulevard and MD-702 interchange, one of the busiest commuter sections of the southeastern Baltimore area. Leasing demand for both small commercial and residential rentals in the area is strong. The auction presents the opportunity to purchase a property with stable income, make strategic value add improvements and increase the long term profitability of the asset.
