Property Description

*GUIDED TOUR FRIDAY, JUNE 5, 2026 BEGINNING PROMPTLY AT 11:00 AM* List price is Opening Bid at the Online auction to be conducted on Auctioneers website. Bidding begins Friday, June 5th, and ends Wednesday, June 10, 2026 at 12:00PM. Exceptional multifamily investment opportunity located at 10 & 14 E. Overlea Avenue in the desirable Overlea neighborhood of Baltimore. This unique offering consists of two detached multifamily buildings with a combined 16 residential units, presenting investors with immediate cash flow and additional upside through lease-up of the current vacancies. 10 E. Overlea Avenue: Comprised of 5 units - 4 of the units are currently leased • 3 - 1 Bedroom 1 Bath • 1 - 2 Bedroom 1 Bath • 1 - 3 Bedroom 1 bath • Laundry in basement (coin operated) • Parking in rear - 1 space per unit included in rent • Approximately 3,881 sq. ft. above grade and approximately 15,000 sq. ft. lot. **Scheduled Gross Monthly Rent of $4,569** **Scheduled Gross Annual Rent of $54,828** **Fully Leased Potential Gross Monthly Rent of $5,419** **Fully Leased Potential Gross Annual Rent of $65,208** 14 E. Overlea Avenue: Comprised of 11 units - 10 of the units are currently leased • 10 - 1 Bedroom 1 bath • 1 - 2 Bedroom 1 bath • Laundry in basement (coin operated) Brings in approximately $100/mth • Approximately 6,873 sq. ft. above grade and approximately 15,000 sq. ft. lot. **Scheduled Gross Monthly Rent of $10,846** **Scheduled Gross Annual Rent of $130,152** **Fully Leased Potential Gross Monthly Rent of $11,746** **Fully Leased Potential Gross Annual Rent of $140,952** 2025 Annual Expenses for 10-14 E. Overlea Avenue: Real Estate Taxes - $13,733 Insurance - $11,771 Gas/Electric paid by landlord - $11,001 Pest Control - $2,681 Trash Removal - Baltimore County (no landlord expense) Overview of Utilities & Mechanical Systems: 10 E. Overlea Avenue • One common electric meter for the building (owner-paid) • Central gas-fired water heater serving the building • Each unit has an individual gas boiler and separate gas meter • Radiator heat throughout units 14 E. Overlea Avenue • Individually metered electric and gas service for each unit • Each unit has its own gas-fired water heater • Electric baseboard heating throughout • Tenants provide their own window A/C units • Estimated electrical service: approximately 50–60 amps per unit

Property Features

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