2601 Garrison Boulevard

List price is opening bid. Online Auction Only! Bidding begins Saturday, April 25th and ends Thursday, April 30, 2026 at 12:00PM. Full Address: 26012609 Garrison Blvd & 34163418 Alto Rd. Positioned in the established Hanlon-Longwood neighborhood of Baltimore, this well-located multifamily complex offers a compelling value-add investment opportunity with strong in-place income and additional upside potential. In the last 18 months, 20 of the units have been renovated with new flooring, kitchens and bathrooms with most having washer/dryer combo units. Property Overview Total Units: 36 Residential Units + 1 Commercial/Office Space Unit Mix: All residential units are 2 Bedroom / 1 Bathroom Lead Status: Limited Lead Free Occupancy: 31 Units Occupied | 5 Units Vacant (all renovated) Commercial Space: 1 Vacant Office/Retail Unit Property Type: Garden-Style / Multifamily Complex Parking: Large lot located behind the buildings Laundry: Many units have washer/dryer combo in unit, coin operated laundry rooms services the remainder of units. Utilities Public water & sewer Units are individually metered for gas & electric Owner pays hot water Non-renovated units reimburse for water/sewer A/C is provided by in wall units Heat is electric baseboard Investment Highlights Stabilized Income with Upside: Strong occupancy provides immediate cash flow, while 5 vacant units and 1 commercial space offer lease-up potential Consistent Unit Layouts: Uniform 2BR/1BA configuration simplifies management and maintenance Value-Add Opportunity: Ability to increase rents through renovations, improved management, or leasing of vacant units Mixed-Use Potential: Vacant commercial/office space provides additional income stream or flexibility for owner-user Strategic Location: Convenient access to major commuter routes, public transportation, and neighborhood amenities Location Highlights Situated in West Baltimore, the property benefits from proximity to major thoroughfares including Garrison Boulevard, providing easy connectivity throughout the city. The surrounding area features a mix of residential communities, local retail, and public transit options, making it attractive to long-term tenants. This is an excellent opportunity for investors seeking a scalable multifamily asset with stable occupancy and clear upside in one of Baltimores evolving submarkets. Financial Highlights **Scheduled Gross Monthly Rent of $35,962** **Scheduled Gross Yearly Rent of $431,544** **Potential Gross Monthly Rent of $44,512** **Potential Gross Yearly Rent of $534,144** Projected Annual Expenses: Taxes: $35,181 The information contained herein was obtained from sources deemed to be reliable, but is offered for informational purposes only. Neither the auctioneer or the owner make any representations or warranties with respect to the accuracy of information.