Email: info@ajbillig.com
6500 Falls Road, Baltimore, MD 21209
Click 'AJ' icon to access map directions.
Open Houses:
Wednesday, November 5, from 12-1PM
Friday, November 14, from 12-1PM
Please email info@ajbillig.com or call 410-296-8440 if you would like to attend the open house for the property.
The property will also be open 1 hour prior to the live onsite auction.
Live Auction Bidders – a $50,000 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. The deposit shall be increased to 10% of the purchase price by 11:00 A.M., Friday, November 21, 2025 at the Auctioneer’s office (wire or cashier’s check).
Online Auction Bidders – a $50,000 deposit, payable by cashier’s check or wire, will be required of all online bidders prior to the start of the live auction. The deposit will be held in escrow until the completion of the auction and will be retained from the winning bidder. Other bidder deposits will be returned within one business day. Interested parties who do not provide a deposit in advance as stated above will not be permitted to bid. The deposit shall be increased to 10% of the purchase price by cashier’s check or wire transfer by 4:00 P.M. on the day of auction. Deposit Escrow Agreement
A 6% buyer’s premium will be added to the final bid price. For complete Terms Of Sale, see the Summary Terms Of Sale at the bottom of this page and please see the Sample Contract.
Featuring Live & Simulcast Online Bidding
$400,000 Opening Bid
RESERVOIR HILL
6-UNIT BRICK
APARTMENT BUILDING
Two Bedroom Units
Value Add Opportunity
100% Occupied
$68,400 Gross Annual Income
Known As
901 CHAUNCEY AVENUE
Off Linden Avenue
Baltimore, MD 21217
Online Bidding Opens
TUESDAY, NOVEMBER 18, 2025
Live Onsite Auction
THURSDAY, NOVEMBER 20, 2025
AT 12:00 P.M.
NOTE: The information contained herein has been obtained from sources deemed reliable and is believed to be accurate. However, no express or implied warranty is made or may be inferred from any such representation. Dimensions, square footage and acreage contained herein are more or less. Prospective purchasers are encouraged to perform their own due diligence, in advance of the auction, regarding the permitted uses of the property.
GENERAL INFORMATION:
Fully leased six unit apartment building. Each unit is two bedrooms and one bathroom with large kitchens, living area, and in-unit washer and dryer. All apartments have separate electric meters, lead certificates and rental registrations. Located in Reservoir Hill, the building is proximate to Druid Hill Park, University of Baltimore and MICA. Commuting is easy with close proximity to I-83 and other major commuting routes. Major capital investments are being made in the surrounding area including several residential and mixed use developments and state employment centers.
The live auction will begin at the time state above with on-site registration and deposit verification beginning at 11A.M. Pre-registration is available online. Online bidding will be open on Tuesday, November 18 at midnight. Online bidders must provide deposits in advance pursuant to the terms stated below.
LOCATION:
The building is located in the Reservoir Hill neighborhood of Baltimore City. The historic community is famous for its architectural diversity displayed in its late 19th and early 20th century stand-alone mansions and porch-front townhomes. Druid Hill Park is one block north of the building and offers its residents long walking and bike trails, a pool, basketball and tennis courts, the Rawlings Conservatory and the Maryland Zoo. The area has been the center of a recent $100 million mixed-use community development project known as Madison Park North. The new community will feature 120 new townhomes, 200 apartments, approximately 100,000 SF of office space, community improvements and more. German Park is on the adjacent corner and a vacant City owned lot is directly next door to the property. Commuters have convenient access to major thoroughfares, including I-83 for north/south travel and North Avenue for east/west travel. Major employers in the area include the University of Baltimore, Maryland Institute College of Art (MICA), and the University of Maryland Baltimore.
LiveBaltimore neighborhood profile:
Reservoir Hill – livebaltimore.com
Reservoir Hill Improvement Council:
https://www.reservoirhillbaltimore.org/
Articles:
Reservoir Square Announced… – mcbrealestate.com
‘Magical spot’: Ground broken in Reservoir Hill – baltimorefishbowl.com
SITE:
Lot size is believed to be 0.13 acre, more or less. Plat
Fronts 62’2″ on Chauncey Avenue with depths of 123′ and 98’6″
Mature landscaping
Alley access in rear and side of the building
Next to a flat grassy lot owned by Baltimore City
All public utilities
Zoning R-7, approved for 6 dwelling units
IMPROVEMENTS:
Stately three story brick apartment building, constructed in 1914, containing 7,014 square feet of living area and 2,338 square feet of basement space, according to public tax records. The building is arranged for six 2 bedroom and 1 bathroom units. Features include an intercom doorbell system, separate electric meters for each unit, entry foyer with mailboxes and convenient rooftop access.
The building has been self-managed for over 25 years with few vacancies during the ownership period. Predominantly long terms tenants. All leases renewing on year-to-year terms.
EXTERIOR:
Brick facade with decorative trim
Flat roof with silver coat done within the last 6 years
Vinyl replacement windows with new trim and flashing installed in 2021
Concrete front and rear porches
Two bay windows per apartment
Aluminum gutters
Steel fire escape
INTERIOR:
All units include the following:
In-Unit Mechanicals:
Basement:
Current Rent Roll:
| 901 Chauncey Avenue | Total Monthly Rent | Total Annual |
| Unit 1A | $1,000 | $12,000 |
| Unit 1B | $800 | $9,600 |
| Unit 2A | $900 | $10,800 |
| Unit 2B | $900 | $10,800 |
| Unit 3A | $1,100 | $13,200 |
| Unit 3B | $1,000 | $12,000 |
| Total | $5,700 | $68,400 |
TITLE:
In fee simple; Sold free and clear of all liens. Baltimore City Deed Book Liber FMC 9082, folio 256
Note: All adjustments made as of date of settlement. With all prior municipal charges paid by the seller. Water bill is reflective of multiple billing periods and a prior leak that has been fixed.
TAXES:
Published annual real estate taxes are $11,314.18 based on a full value assessment of $503,300
ADDITIONAL INFORMATION:
Please complete the Waiver and Confidentiality agreement to receive:
– Leases
– Rent roll and proforma
– Lead paint registrations
– Rental registrations
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
Live Auction Bidders – a $50,000 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. The deposit shall be increased to 10% of the purchase price by 11:00 A.M., Friday, November 21, 2025 at the Auctioneer’s office (wire or cashier’s check).
Online Auction Bidders – a $50,000 deposit, payable by cashier’s check or wire, will be required of all online bidders prior to the start of the live auction. The deposit will be held in escrow until the completion of the auction and will be retained from the winning bidder. Other bidder deposits will be returned within one business day. Interested parties who do not provide a deposit in advance as stated above will not be permitted to bid. The deposit shall be increased to 10% of the purchase price by cashier’s check or wire transfer by 4:00 P.M. on the day of auction. Deposit Escrow Agreement
Deposit funds shall be held by A. J. Billig & Co., LLC. Balance to be paid in cash at settlement, which shall take place within 45 days. If payment of the deposit or balance does not take place within the specified time, the deposit shall be forfeited and the property may be resold at the risk and expense of the purchaser. All adjustments, including taxes, rents, all other public charges and assessments payable on a monthly or annual basis, and sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of settlement and assumed thereafter by the Purchaser. Security deposits, if any, will be transferred to the buyer at settlement. The property will be sold in “AS IS” condition, and subject to easements, agreements, restrictions or covenants of record affecting same, if any, and subject to existing leases and the rights of tenants in possession. Purchaser assumes the risk of loss from the date of contract forward. The Purchaser agrees to waive the right of inspection for lead paint, as provided under current Federal and State law. The Purchaser waives and releases the Seller, the Auctioneers, and their respective agents, successors and assigns from any and all claims the Purchaser and/or its successors and assigns may now have or may have in the future relating to the condition of the property, including but not limited to the environmental condition thereof. If the Seller is unable to convey good and marketable title, the Purchaser’s sole remedy in law or equity shall be limited to the refund of the deposit. Upon refund of the deposit this sale shall be null and void and of no effect, and the Purchaser shall have no further claim against the Seller or Auctioneers. Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the Purchaser except where otherwise mandated by local, State or Federal law. Time is of the essence. A 6% buyer’s premium will be added to the final bid price.
