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About the Listing ACAI1 - 135028
List price is opening bid. Online Auction Only! Bidding begins Saturday, May 16th and ends Thursday, May 21, 2026 at 11:00 AM. Fully tenant-occupied mixed-use property located in the vibrant Waverly neighborhood of Baltimore City. This two-unit building features a ground-level commercial space and a second-floor residential unit, offering immediate cash flow. Investment Highlights: • Current Monthly Income: $2,715 • Annual Gross Income: $32,580 • Two-unit mixed-use: 1 retail + 1 residential • Separately metered electric Main Level – Commercial Space ($1,800/month): Secured under a 5-year lease (Nov 2025 – Oct 2030) with tenant responsible for utilities per lease terms. Features include a storefront with large glass display windows, laminate wood flooring in the lobby, and a flexible layout with retail area, storage room, open workspace, and mudroom. Kitchenette includes sink and refrigerator, plus a half bath. Lower Level: Full unfinished basement divided into two open areas, ideal for storage or utility use. Includes sump pump, gas water heater, forced hot air system, and two electrical panels. Second Floor – Residential Unit ($915/month | Section 8): Long-term tenant in place. One-bedroom, one-bath unit with private entrance. Carpeted living and bedroom areas, tile kitchen flooring, and forced hot air heat. Tenant pays BGE; landlord covers water. Exterior Features: Fenced backyard and A/C condenser unit. A solid investment opportunity offering dependable rental income with both commercial and residential components in an established Baltimore neighborhood.
Listing Highlights
Status
Active
Days on Site
13
Property Type
Commercial Sale
MLS ®
MDBA2212108
Year Built
1920
Total Square Footage
2,726
Lot/Acreage
0.06
County
Baltimore City
School District
Baltimore City Public Schools
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Zoning: C-1
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $5,775
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
3409 Greenmount Ave Baltimore, MD 21218
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