312 N Paca St

List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Thursday, August 21st, 2025 & ends Tuesday, August 26th, 2025 at 11:30 AM. 11 Unit Apartment Building with Fire Sprinkler System in the "Downtown" Neighborhood of Baltimore City There are extensive photos of the units in the external links section that were taken in July 2025. Current Gross Monthly Rent: $7,635 Current Gross Annual Scheduled Rent: $91,620 Potential Gross Monthly Rent: $9,335 Potential Gross Annual Rent: $112,020 Unit 1: Vacant (Studio) Unit 2: $850/month (1BR) Unit 3: $850/month (Studio) Unit 4: $810/month (Studio) Unit 5: $900/month (Studio) Unit 6: $750/month (Studio) Unit 7: Vacant (Studio) Unit 8: $825/month (Studio) Unit 9: $975/month(Studio) Unit 10: $775/month (Studio) Unit 11: $900/month (Studio) This 11-unit apartment building contains ten studio apartments and one one-bedroom unit. Each unit is individually metered for electric, providing efficiency and convenience for both ownership and tenants. Key Features: • Unit Breakdown: 10 studios, 1 one-bedroom • HVAC: Most units are equipped with efficient mini-split systems for heating and cooling; a few units feature central HVAC • Flooring: Durable and modern vinyl flooring throughout • Utilities: • Individually metered electric (12 total meters) • Each unit has its own dedicated water heater metered to the tenant • Landlord pays for water and sewer • Fire safety sprinkler system in place • Amenities: On-site laundry facilities