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Listed by Paul Cooper • Alex Cooper Auctioneers, Inc.
$ 725,000
Est. payment /mo
Pending
460 CARVEL BEACH RD Baltimore, MD 21226
0.46 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Pending
Purchase Type For Sale
Subdivision Carvel Beach
MLS Listing ID MDAA2138388
Year Built 1945
Annual Tax Amount $9,801
Tax Year 2025
Lot Size 0.463 Acres
Acres 0.46
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
List price is opening bid. Online Auction Only! Bidding begins Saturday, April 4, 2026 & ends Thursday, April 9, 2026 at 2:30 PM. Don't miss this rare waterfront multifamily investment opportunity in the sought-after Carvel Beach community of Anne Arundel County. The updated property includes 7 residential units, along with a garage/workshop and private pier, creating additional value and tenant appeal. *Lead Free* The property generates a scheduled gross annual income of $122,352± and is currently 86% occupied, providing investors with immediate cash flow. Located in a desirable waterfront community with strong rental demand, this asset presents an excellent opportunity for stable income and long-term appreciation.
Location
State MD
County Anne Arundel
Zoning R5
Interior
Hot Water Electric
Heating Radiator
Cooling Window Unit(s)
Heat Source Oil
Exterior
Garage Spaces 9.0
Water Access N
Accessibility 2+ Access Exits
Total Parking Spaces 9
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Anne Arundel County Public Schools
Others
Tax ID 020317517000900
Ownership Fee Simple
Special Listing Condition Auction
NEARBY SCHOOL & BUSINESS