2862 Pelham Ave, Baltimore, MD 21213

Property Description

List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Wednesday, October 22, and ends Monday October 27, 2026 at 12:30 PM. CALLING ALL INVESTORS! Add this income-producing property to your portfolio with 2862 Pelham Ave. Located in the Belair Edison area of Baltimore City, the property offers convenient access to neighborhood amenities, major roadways, public transportation, and surrounding city destinations. An opportunity for investors seeking an existing rental property with established income potential, with a Housing Assistance Program tenant in place. Property feautures a traditional layout, with a living area, dining area and kitchen on the main level. The upper level includes 3 bedrooms and 2 full bathrooms. The unfinished lower level houses utilities and provides additional storage space. Rental Information: Scheduled Monthly Rent: $1,285/mo HAP (Housing Assistance Porgram) Portion: $1,285 Tenant Portion: $0 Long term tenant Lease Term: Month-to-Month Buyer to independently verify all information, including zoning, permitted uses, rental licensing, occupancy, leases, rents, utilities, square footage, storage use, and any potential for additional income or improvements. Buyer is responsible for conducting all due diligence and determining the property's suitability for their intended use.