Property Description

List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Saturday, August 1st and ends Thursday, August 6, 2026 at 12:00 PM. 2107-2111 Park Avenue | Baltimore, MD 21217 Exceptional opportunity to acquire a fully stabilized 16-unit multifamily investment in Baltimore City's sought-after Reservoir Hill neighborhood. This offering consists of two adjacent, separately improved 8-unit apartment buildings that are 100% leased, providing immediate and consistent cash flow. 2107 Park Avenue features eight residential units comprised of (6) two-bedroom, one-bath apartments and (2) one-bedroom, one-bath apartments. Unit 1 - 2 Bedroom 1 bath - Rent $1,040 Unit 2 - 2 Bedroom 1 bath - Rent $1,035 Unit 3 - 2 Bedroom 1 bath - Rent $1,195 Unit 4 - 2 Bedroom 1 bath - Rent $1,225 Unit 5 - 2 Bedroom 1 bath - Rent $1,195 Unit 6 - 2 Bedroom 1 bath - Rent $1,050 Unit 7 - 1 Bedroom 1 bath - Rent $685 Unit 8 - 1 Bedroom 1 bath - Rent $740 2111 Park Avenue features eight residential units comprised of (6) two-bedroom, one-bath apartments, (1) one-bedroom, one-bath apartment, and (1) studio apartment. Unit 1 - 2 Bedroom 1 bath - Rent $1,295 Unit 2 - 2 Bedroom 1 bath - Rent $1,225 Unit 3 - 2 Bedroom 1 bath - Rent $1,195 Unit 4 - 2 Bedroom 1 bath - Rent $1,250 Unit 5 - 2 Bedroom 1 bath - Rent $1,195 Unit 6 - 2 Bedroom 1 bath - Rent $1,195 Unit 7 - 0 Bedroom 1 bath - Rent $855 Unit 8 - 1 Bedroom 1 bath - Rent $744 Each apartment is individually equipped with gas forced-air heat, providing reliable and efficient comfort for residents. The property's desirable unit mix appeals to a broad tenant base and supports strong occupancy in one of Baltimore's most historic and revitalizing neighborhoods. Ideally located in Reservoir Hill, the property offers convenient access to Downtown Baltimore, Penn Station, Druid Hill Park, the Maryland Zoo, Johns Hopkins, the University of Maryland Medical System, and major commuter routes including I-83. The neighborhood continues to benefit from ongoing investment, redevelopment, and strong rental demand, making this an attractive long-term addition to any multifamily portfolio. Financial Highlights **Scheduled Gross Monthly Rent of $17,119** **Scheduled Gross Yearly Rent of $205,428** Projected Annual Expenses: Taxes: $14,116.05 Insurance: $12,000 Gas & Electric: $5,530 Water: $10,722 Trash Removal: $880 Pest Control: $2,244 The information contained herein was obtained from sources deemed to be reliable, but is offered for informational purposes only. Neither the auctioneer, co-listing broker or the owner make any representations or warranties with respect to the accuracy of information.

Property Features

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