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List price to be opening bid. Online registration & bidding opens on Sunday October,31 at 1:30 pm EDT and ends Thursday November,4 at 1:30 pm EDT. Location: The Old Goucher neighborhood gets its name from its history as the original location of Goucher College. Today,the Old Goucher neighborhood has built on its heritage and central location on North Charles Street,the main north-south corridor in the city,to develop into a viral commercial and residential community. The relative affordability and the diversity of the neighborhood,in terms of its people,buildings,and institutions has made it an incubator for small businesses as well as a place for homeowners to come to settle. Property Description: The property has a frontage on Maryland Ave of 48' and a depth of 150'. The total land area is approx. 7,200 sq. ft. or 0.166 acre. It is improved by a 3-story Building with a finished lower level. According to the MD State Dept. of Assessment and Taxation,the above grade building area is 6,480 sq. ft. This does not include the finished lower level which does have street access. There are approx. 22 paved parking spaces in the rear of the building. The property is located in a C-1,Commercial Zone. The main level was recently renovated into a professional's office unit which is leased for $2,000/month. The second floor is divided into 6 commercial units,4 of which are leased,one is vacant and one is used by the owner for storage. The second floor rentals are currently a total of $2,250/month. The third floor apartment is leased for $950/month. The lower level is divided into two units which are leased for a total of $1,650/month. There is a large residential unit on the third floor. The other half of the third floor is vacant and unrenovated. The parking lot is currently leased for $650/month. New replacement windows,a year old AX,new water heater,4 year old rubber roof and newly remodeled first floor!
Listed by Paul R Cooper, Alex Cooper Auctioneers,Inc.

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