46 W BIDDLE STREET

BALTIMORE, MD 21201

List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Friday, November 14th & ends Wednesday, November 19th, 2025 at 2:00pm. Fully Leased Six Unit Apartment Building in the "Mid-Town Belvedere" Neighborhood of Baltimore City. **Current Gross Monthly Scheduled Rent Of $7,877** **Current Gross Annual Scheduled Rent Of $94,524** Rental amount includes parking from 2 tenants in the amount of $169/month each as well as a $35/month pet rent for 1 tenant as well as water reimbursement. The property features a mix of two studio apartments, three one-bedroom units, and one two-bedroom unit, all totaling approximately 4,215 square feet. Current ownership has completed key capital improvements, including a full roof replacement, updated electrical systems, select hot water heater replacements, washer and dryer installations in four units, and new central HVAC in one apartment. The building also includes two surface parking spaces behind the property and maintains 100% occupancy. Location: Just three minutes from the University of Baltimore and less than half a mile from Penn Station—which is undergoing a $150 million redevelopment—46 West Biddle benefits from unparalleled walkability and transit access. The property is surrounded by major employers and educational institutions, including MICA, the Peabody Institute, and UMMC Midtown Campus, as well as popular neighborhood destinations like the Walters Art Museum, the George Peabody Library, and top-rated restaurants such as Tio Pepe and Sotto Sopra. Mount Vernon continues to thrive as one of Baltimore’s most dynamic rental markets, with more than 80% of nearby households renting and average incomes exceeding $65,000—well above the city average.

Listing courtesy of Alex Cooper Auctioneers, Inc.



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