5225 FAIRLAWN AVE Baltimore, MD 21215

ONLINE AUCTION: Bidding begins 7/17/2023 @ 10:00 AM. Bidding ends 7/19/2023 @ 7:00 PM. List Price is Suggested Opening Bid. Deposit: $50,000. ATTENTION INVESTORS HUGE INDUSTRIAL OPPORTUNITY! 3 Buildings and a LARGE adjacent fenced-open lot located in the Woodmere neighborhood (Within the Pimlico Area). The Property is in the middle of a primarily commercial district, just minutes away from the Pimlico Race Course, and includes access to main traffic arteries such as Reisterstown Road. The Property sits on a 22,000 square foot lot, and is partially rented. Property is currently being used for auto repair and auto storage. See below for more information regarding tenancy, rental income, and Property details.

Investment Highlights:
-Comprised of 5 lots
-Lots 41, 42, 43, 44, 45 (click our documents tab to view highlighted plat)
-10,000 square foot, multi-tenant industrial building
-12,000 square foot fenced open lot
-Property is currently being used for auto repair and auto storage

Rental Information:
Scheduled Monthly Rental Income: $8,200/mo
Scheduled Yearly Rental Income: $98,400/yr
-Property is Partially Rented

Property Information:
Fenced Lot:
-Partially Rented for $1,600/month
- Tenant is Not Current on Rent

Building #1:
-Rented for $2,600/month (includes part of the fenced lot)
-Tenant is Current on Rent
-Largest Building

Building #2:
-Vacant
-Scheduled Rent: $1,500/month
-Smaller Building

Building #3:
-Vacant
-Scheduled Rent: $2,500/month
-Smaller Building