Baltimore MD Multi Family for Sale
$149,900
5638 Belair Road Baltimore, MD 21206
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1929
- Baths:
- MLS#:
- MDBA2130940
- Subdivision:
- Waltherson
ADDITIONAL INFORMATION
2 units Townhome. Main unit has 3 Bedrooms, 1 Full Bathroom, Kitchen, Dining and Living Room. Lower Level unit has 1 Bedroom, 1 Full Bathroom, Kitchen and sitting area. Convenient location. Sold AS-IS. 100% occupied.
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.44 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- MDBA2121126
ADDITIONAL INFORMATION
Discover a premier investment choice in a highly desirable area with this multifamily property, currently generating a total annual rental income of $56,880, boasting a net operating income of $38,590, and offering an attractive 9.08% cap rate. This well-maintained property features five fully occupied apartments, including four one-bedroom, one-bathroom units, each offering privacy and convenience. The larger three-bedroom unit includes two bathrooms, ideal for families or shared living arrangements. A distinct advantage for both owner and tenants is the self-contained utility setup in each apartment, with individual gas and electric meters, heating systems, and water heaters, ensuring that tenants are responsible for their own utility bills. This arrangement enhances ease of management and tenant satisfaction. Further enhancing this investment's appeal, the property includes a manager's area in the basement that can be integrated with the three-bedroom unit to expand living space and increase rental income potential. Two detached garages, currently rented, provide additional revenue. Included in this offering is a vacant lot next door (3710 Parkside Dr), zoned for the development of a detached single-family home, (buyer to verify) presenting a lucrative opportunity for further development and investment diversification. This opportunity encapsulates both immediate returns and long-term growth potential. Act quickly to secure this multifaceted investmentâPreapproval or Proof of Funds required prior to showing approval. 24 hours notice required for all showings.
$315,000
4401 Mary Avenue Baltimore, MD 21206
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1912
- Baths:
- MLS#:
- MDBA2069476
- Subdivision:
- Cedmont
ADDITIONAL INFORMATION
Investor Alert! Great two-unit Victorian rental property in historic Cedmont. Live in one unit and rent the other! This fantastic opportunity also includes five on-street rented garage units and a huge flat yard. Sold As Is. First floor one-bedroom, ¾ bath unit is currently occupied by a long-term tenant and rents for $740/month. Second floor one-bedroom, ¾ bath unit is vacant and would rent for c. $700/month. First-floor unit features a large front porch, new rear deck, entry way, large living and dining rooms with new flooring, kitchen, bedroom, and laundry and expansive storage area in unfinished basement. Newly painted and carpeted second floor unit has a separate entrance and features living room, eat-in kitchen, large bedroom and bath with access to an upper-level storage area. Both units have central air, gas heat, upgraded electrical, access to a huge flat yard, and ample on-street parking in a quiet neighborhood. Easy access to mass transit and short distance to Rt. 1, I-95, and 695. Five on-street rented garage units are detached from the home and included with the property. Each unit has electricity and is currently rented to long-term tenants at $80/month each. For showing upstairs unit, one-hour lead time is suggested to inform owners. For downstairs unit, please give 48 hours notice to the owner and the tenant. Appointments for Saturday and Sunday 10 AM-3 PM only, please.
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Baltimore Real Estate
The median home value in Baltimore, MD is $180,200. This is higher than the county median home value of $177,100. The national median home value is $338,100. The average price of homes sold in Baltimore, MD is $180,200. Approximately 39.96% of Baltimore homes are owned, compared to 43.41% rented, while 16.62% are vacant. Baltimore real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Baltimore real estate agent to arrange a tour today!
Baltimore, Maryland 21206 has a population of 592,211. Baltimore 21206 is more family-centric than the surrounding county with 19.18% of the households containing married families with children. The county average for households married with children is 18.62%.
The median household income in Baltimore, Maryland 21206 is $54,124. The median household income for the surrounding county is $54,124 compared to the national median of $69,021. The median age of people living in Baltimore 21206 is 35.7 years.
Baltimore Weather
The average high temperature in July is 88.1 degrees, with an average low temperature in January of 27.4 degrees. The average rainfall is approximately 42.3 inches per year, with 18.5 inches of snow per year.