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Investment Highlights

  • **Gross Potential Gross Annual Rent of $130,200**
  • Sought-After Aberdeen Area
  • 11 Unit Apartment Building

Executive Summary

***LIST PRICE IS OPENING BID AT ONLINE AUCTION**
128 S Philadelphia Blvd | Aberdeen, MD 21001
128 S Philadelphia Blvd | Aberdeen, MD 21001
Exceptional opportunity to acquire an 11-unit multifamily investment property in the heart of Aberdeen's growing downtown corridor. Situated on a prominent corner lot along Philadelphia Boulevard (US-40), this approximately 6,426± square foot building offers investors strong income potential, excellent visibility, and a strategic location just minutes from Aberdeen Proving Ground and within walking distance of the MARC/Amtrak station.
The property is configured as 11 residential units, with a unit mix of studio & 1bd/1ba apartments. The building sits on a generous 0.37±-acre lot with ample off-street parking and convenient access to major commuter routes including I-95 and US-40.
Tenants enjoy proximity to shopping, dining, public transportation, and major employment centers, making this a highly desirable rental location. Whether you're seeking to expand your multifamily portfolio, add value through renovations and rent growth, this property offers multiple paths to increased returns.
Highlights:
• Potential Gross Annual Rent of $130,200
• 11-unit multifamily property
• Prime US-40 frontage and visibility
• Approximately 6,426± SF building
• 0.37±-acre corner lot
• Walking distance to Aberdeen MARC/Amtrak Station
• Minutes from Aberdeen Proving Ground
• Strong rental demand location
• Value-add and redevelopment potential
• Convenient access to I-95 and regional employers
Rental Information: (amounts provided are per the seller)
Unit 1: (Vacant)
• First Floor
• Living Room, Kitchen & Dining Area
• Studio, 1 Full Bathroom
Potential Monthly Rent: $850±
Potential Annual Rent:$10,200±
Unit 2: (Rented)
Monthly Rent: $1,150
Annual Rent:$13,800
Unit 3: (Vacant)
• First Floor
• Living Room, Kitchen & Dining Area
• 1bd/1ba
Potential Monthly Rent: $850±
Potential Annual Rent:$10,200±
Unit 4: (Rented)
• First Floor
• Living Room, Kitchen & Dining Area
• 1bd/1ba
Monthly Rent: $1,100
Annual Rent:$13,200
Unit 5: (Rented)
Monthly Rent: $1,150
Annual Rent:$13,800
Unit 6: (Rented)
Monthly Rent: $850
Annual Rent:$10,200
Unit 7: (Rented)
• First Floor
• Living Room, Kitchen & Dining Area
• 1bd/1ba
Monthly Rent: $850
Annual Rent:$10,200
Unit 8: (Rented)
Monthly Rent: $1,150
Annual Rent:$13,800
Unit 9: (Rented)
• First Floor
• Living Room, Kitchen & Dining Area
• 1bd/1ba
Monthly Rent: $850
Annual Rent:$10,200
Unit 10: (Rented)
Monthly Rent: $950
Annual Rent:$11,400
Unit 11: (Rented)
Monthly Rent: $1,100
Annual Rent:$13,200
Potential Monthly Rent: $10,850±
Potential Annual Rent: $130,200±
Investment opportunities of this size and location are increasingly rare in Harford County- don't miss out on this fantastic opportunity!
Note: Potential Annual Rent(s) & Potential monthly rent(s) are estimates only, based on full building occupancy and are not actual figures. Currently, 9 out of 11 Units are rented. Leases are not available at this time.
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.
Diligence Package: A copy of the purchase and sale agreement, lead certificates, rent roll, and assorted addenda are located in the documents section. In order to gain access, you must create a free account as well as accept a non-disclosure agreement.
Auction Notes: Online Auction Only! Bidding begins Friday, July 10th and ends Wednesday, July 15, 2026 at 12:30 PM.
Online Bidding Notes: The initial deposit must be made via credit card, wire transfer or by Cashier's Check. Please review the online bidding terms and deposit transmittal form in the Documents Section for more details. If a lot receives a bid within the last 3 minutes. it will remain open for an additional 3 minutes. If any further bidding occurs, the extension timer will reset to 3 minutes. If no further bidding activity occurs, the lot closes when the timer runs out.

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Price $489,006 CAD
Price Per Unit $44,455 CAD
Sale Type Investment
No. Units 11
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.37 AC
Building Size 6,426 SF
No. Stories 3
Year Built 1920
Parking Ratio 1.56/1,000 SF
Opportunity Zone Yes
Zoning B3 - General Business District that's intended to accommodate a wide range of retail, service, and business uses for local and county-wide areas

Amenities

Site Amenities

  • Fenced Lot
Fairly walkable
50/100
Exceptionally drivable
90/100
Good public transit
60/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
02-016540
Land Assessment
$0 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$677,022 CAD (2025)
  • Listing ID: 40896678

  • Date on Market: 2026-06-12

  • Last Updated:

  • Address: 128 S Philadelphia Blvd, Aberdeen, MD 21001

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