BEDS0
BATHS
MLS#MDBA2223238
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SCHOOLBALTIMORE CITY PUBLIC SCHOOLS
Property Description
Great opportunity to purchase a mixed-use building in the desirable Barclay neighborhood of Baltimore City. This 4-unit property consists of 3 residential units and 1 commercial unit and offers strong value-add potential. Two units are currently rented, generating a Gross Annual Base Rent of $17,220, with a Potential Gross Annual Base Rent of $55,200 when fully occupied at market rents. Unit 1 is a main-level residential unit featuring 1 bedroom, 1 bathroom, bonus room, living area, and kitchen, with access to the backyard. Scheduled rent is $850/month, and per seller, the tenant is current. Unit 2 is an upper-level residential unit. Unit 3 is a commercial barber shop on the main level with open space and a half bath, rented at $585/month, with a long-term tenant in place for approximately 20 years (per seller). Unit 4 is an upper-level residential unit with 1 bedroom, 1 bathroom, living area, dining area, and kitchen, currently vacant. The unfinished lower level provides ample storage and houses a gas hot water heater, gas meter, 5 electric meters, and 3 electric panels. All tenants pay their own BGE, and each unit has baseboard heat (per seller). Property is Limited Lead Free and zoned C-1. Expenses: Owner pays water, insurance, property taxes, and repairs as needed. Ideal opportunity for investors or owner-occupants seeking cash flow with significant upside.
Property Features
Property Type: Multi Unit - Multiple
Cooling: None
Home Style: Traditional
Lot Size: 0.10 Acres
Taxes: $1,416
Year Built: 1900
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Days on Site: 3
Lot Dimensions: 0.10 Acre(S)
Municipality: Baltimore City
Sewer: Public Sewer
Structure Type: Interior Row/Townhouse
Units: 4
Water: Public
Local Schools
School District: BALTIMORE CITY PUBLIC SCHOOLS
Listed By / Shown By
Listed By
Agency Name: Pickwick Realty
Agency Phone: 4434992721
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 684.38 per month $500.75 Principal & Interest $118.00 Property Tax $65.63 Homeowner's InsuranceChange Payment Information
2420 Greenmount Avenue | MLS# MDBA2223238
This multi-family property located at 2420 Greenmount Avenue , Baltimore, MD 21218 is currently listed for sale with an asking price of $225,000. Greenmount Avenue is located within the BALTIMORE CITY PUBLIC SCHOOLS school district. Search Baltimore real estate on www.realtymark.net today.