CHARIS REALTY GROUP

22 E PRESTON STREET

BALTIMORE, MD 21202

MLS#: MDBA2230310

$500,000

Status: Active
Listing number: MDBA2230310
Listing provided by: Alex Cooper Auctioneers, Inc.
Listing agent phone: None
Last update: 5 hours ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1900

Sq.Footage

5,400

List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Thursday, September 24th and ends Tuesday, September 29, 2026 at 12:00PM. GUIDED TOUR WEDNESDAY, SEPTEMBER 23, 2026 STARTING AT 12PM Fully Leased 5 Unit Apartment Building in the "Mount Vernon" Neighborhood of Baltimore City. Approximately 4,320+/- sq. ft. of above grade living space and 1,080+/- sq. ft. below grade living space. Current gross monthly scheduled rent of $8,595 Current gross annual scheduled rent of $103,140 Unit B - 2 Bedroom/1 Bath Rented for $1,499 Unit 1 - 2 Bedroom/2 Bath Rented for $1,699 Unit 2 - 2 Bedroom/2 Bath Rented for $1,799 Unit 3 - 2 Bedroom/2 Bath Rented for $1,799 Unit 4 - 2 Bedroom/2 Bath Rented for $1,799 Utilities: The units are individually metered for gas and electric. Key Items: - All central heat pump systems replaced by prior owner, it is possible some are under warranty. - Roof replaced in 2020 - All units have W/D Expenses: Property Taxes, July 1, 2026-June 30, 2027: $8,893.26 Special Benefit District Surcharge July 1, 2026- June 30, 2027: $497 Annual Ground Rent Per SDAT: $90 Water Per Historical Figures: $83 Electric/Gas Per Historical Figures: $445 Licenses Est. $50/Unit or approximately $250 total. TOTAL ANNUAL EXPENSES: $10,119+/- Location: Mount Vernon is a designated National Landmark Historic District and a city Cultural District. It boasts stunning 19th century architecture and well kept parks. Being close to downtown, Mount Vernon is well-served by public transit and is blocks from Light Rail. The neighborhood is home to a mix of institutions, including the Peabody Conservatory, Walters Art Museum, University of Baltimore, Maryland Historical Society, Maryland Institute College of Art, Joseph Meyerhoff Symphony Hall, Baltimore School for the Arts, Lyric Opera House, Center Stage & much more! The information contained herein was obtained from sources deemed to be reliable, but is offered for informational purposes only. Neither the auctioneer or the owner make any representations or warranties with respect to the accuracy of information.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Other, Electric

  • Heating YN

    YES

  • Heating

    Other

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Other

  • Parking

    None

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.04

  • Lot Size(square feet)

    1,566

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $500,000

  • Tax Amount

    $8,760

  • Sq. Footage

    5,400

  • Price/SqFt

    $92

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    029

  • Water Source

    Public

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Listing Courtesy of Matthew S Cooper, Alex Cooper Auctioneers, Inc.

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Agent Joanne Grus

AGENT

Joanne Grus

Call Joanne today to schedule a private showing.

(724) 316-6851

joanne@charisrealty.com


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List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Thursday, September 24th and ends Tuesday, September 29, 2026 at 12:00PM. GUIDED TOUR WEDNESDAY, SEPTEMBER 23, 2026 STARTING AT 12PM Fully Leased 5 Unit Apartment Building in the "Mount Vernon" Neighborhood of Baltimore City. Approximately 4,320+/- sq. ft. of above grade living space and 1,080+/- sq. ft. below grade living space. Current gross monthly scheduled rent of $8,595 Current gross annual scheduled rent of $103,140 Unit B - 2 Bedroom/1 Bath Rented for $1,499 Unit 1 - 2 Bedroom/2 Bath Rented for $1,699 Unit 2 - 2 Bedroom/2 Bath Rented for $1,799 Unit 3 - 2 Bedroom/2 Bath Rented for $1,799 Unit 4 - 2 Bedroom/2 Bath Rented for $1,799 Utilities: The units are individually metered for gas and electric. Key Items: - All central heat pump systems replaced by prior owner, it is possible some are under warranty. - Roof replaced in 2020 - All units have W/D Expenses: Property Taxes, July 1, 2026-June 30, 2027: $8,893.26 Special Benefit District Surcharge July 1, 2026- June 30, 2027: $497 Annual Ground Rent Per SDAT: $90 Water Per Historical Figures: $83 Electric/Gas Per Historical Figures: $445 Licenses Est. $50/Unit or approximately $250 total. TOTAL ANNUAL EXPENSES: $10,119+/- Location: Mount Vernon is a designated National Landmark Historic District and a city Cultural District. It boasts stunning 19th century architecture and well kept parks. Being close to downtown, Mount Vernon is well-served by public transit and is blocks from Light Rail. The neighborhood is home to a mix of institutions, including the Peabody Conservatory, Walters Art Museum, University of Baltimore, Maryland Historical Society, Maryland Institute College of Art, Joseph Meyerhoff Symphony Hall, Baltimore School for the Arts, Lyric Opera House, Center Stage & much more! The information contained herein was obtained from sources deemed to be reliable, but is offered for informational purposes only. Neither the auctioneer or the owner make any representations or warranties with respect to the accuracy of information.

22 E PRESTON STREET

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