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22 E Preston Street Baltimore, MD $ 500,000
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22 E Preston Street
$ 500,000
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22 E Preston Street

Baltimore, MD, 21202
$ 500,000
Bedrooms-- Baths-- Sq 4,320

Monthly Estimate*

$ 3,157

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Commercial Property for sale in Baltimore, MD

for $500,000. This 4,320 square foot building was built in 1900 on a lot size of 0.04.

List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Thursday, September 24th and ends Tuesday, September 29, 2026 at 12:00PM. GUIDED TOUR WEDNESDAY, SEPTEMBER 23, 2026 STARTING AT 12PM Fully Leased 5 Unit Apartment Building in the "Mount Vernon" Neighborhood of Baltimore City. Approximately 4,320+/- sq. ft. of above grade living space and 1,080+/- sq. ft. below grade living space. Current gross monthly scheduled rent of $8,595 Current gross annual scheduled rent of $103,140 Unit B - 2 Bedroom/1 Bath Rented for $1,499 Unit 1 - 2 Bedroom/2 Bath Rented for $1,699 Unit 2 - 2 Bedroom/2 Bath Rented for $1,799 Unit 3 - 2 Bedroom/2 Bath Rented for $1,799 Unit 4 - 2 Bedroom/2 Bath Rented for $1,799 Utilities: The units are individually metered for gas and electric. Key Items: - All central heat pump systems replaced by prior owner, it is possible some are under warranty. - Roof replaced in 2020 - All units have W/D Expenses: Property Taxes, July 1, 2026-June 30, 2027: $8,893.26 Special Benefit District Surcharge July 1, 2026- June 30, 2027: $497 Annual Ground Rent Per SDAT: $90 Water Per Historical Figures: $83 Electric/Gas Per Historical Figures: $445 Licenses Est. $50/Unit or approximately $250 total. TOTAL ANNUAL EXPENSES: $10,119+/- Location: Mount Vernon is a designated National Landmark Historic District and a city Cultural District. It boasts stunning 19th century architecture and well kept parks. Being close to downtown, Mount Vernon is well-served by public transit and is blocks from Light Rail. The neighborhood is home to a mix of institutions, including the Peabody Conservatory, Walters Art Museum, University of Baltimore, Maryland Historical Society, Maryland Institute College of Art, Joseph Meyerhoff Symphony Hall, Baltimore School for the Arts, Lyric Opera House, Center Stage & much more! 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.

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Commercial Active

Price

$ 500,000

Property Type

Commercial

Taxes

$ 8,760

Style

Apartment Building

Lot Size

0.04

Year Built

1900

Town/City

Baltimore

County/Region

Baltimore City

MLS | Web ID

MDBA2230310
Features
Interior
Heating Fuel Other
Hot Water Other
Heating Y/N Y
Central Air Y/N N
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General
Sewer Public Sewer
Heating Other
Cooling Other
Possession Settlement
Zoning OR-2
Construction Materials Other
Year Built 1900
Property Subtype Five Or More Units
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Section 01
Business Type Apartment Building
Accessibility None
County BALTIMORE CITY
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions N. Charles St to E. Preston St
City BALTIMORE
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 1566.00
Tax Annual Amount 8760.0
Price Per Sq Ft Total AG 92.59
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Legal Subdivision Ward 11
Tax Lot 029
Total Actual Rent 103140.00
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Exterior
Water Source Public
Type of Parking None
Water View Y/N N
Building Area Total 5400.00
Lot Size Acres 0.04
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 86100.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 22
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* Excluded Features
List By
Alex Cooper Auctioneers, Inc.

Broker

matt@alexcooper.com

Email

Affordability Calculator

$3,887
Per Month
81%
19%
0%
Monthly Principal & Interest
$3,157
Monthly Property Taxes
$730
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/4/2026$500,000 Listed Price

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22 E Preston Street, Baltimore, MD, 21202 is a Commercial Property for sale at $500,000 with 4,320 sqft and a lot size of 0.04. 22 E Preston Street was built in 1900. The property's zip code is 21202 which is in Baltimore, MD

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