Baltimore MD Multi Family for Sale

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

*INVESTOR ALERT* Recently updated duplex offering two 2 Bed / 1 Bath units. Fully occupied, month-to-month leases. Lead Free. One unit can be conveyed vacant for owner-occupant financing. Unit 1 - $1250. Unit 2 - $900. Gross monthly - $2,150. Gross annual - $25,800. Separately metered. Owner responsible for water

ADDITIONAL INFORMATION

**MULTI-FAMILY**This is a newly updated 2-unit property in the thriving Belair-Edison neighborhood. This duplex has a (2) bedroom / (1) bathroom unit with a walk out balcony for outdoor use on the upper level and a (2) bedroom / (2) bathroom split level unit with a parking pad, an in unit washer / dryer and tons of storage on the main and lower levels. There kitchens are modernized with quartz countertops and new cabinets. All of the bathrooms have their own unique two toned design boasting fancy back lit mirrors. The units are separately metered - gas and electric - and have their own secured and separate entrances. There are several supermarkets, schools, parks, restaurants and public transportation close by. There is also quick accessibility to downtown Baltimore, local hospitals, college campuses and major roadways and highways - The Beltway, Rt. 40, Rt. 1, I-95 and the Fort McHenry Tunnel. Take advantage of there NEW 5% down programs for owner occupied multi-family homes. This is a great opportunity for first-time buyers to be a landlord and live for free or the savvy investor looking to add to their portfolio. Schedule your showing.

ADDITIONAL INFORMATION

Fantastic opportunity to own a modern multi-unit building with 2 separately metered apartments. It's currently zoned as 2 units but can easily be zoned as 3 units since the street level floor boast a large unfinished unit for residential or commercial space. This three-story building is perfect for an investor or first time homeowner to enjoy multi-income potential! The block is thriving with recent fully renovated homes and current renovations are in process.Both apartments have just passed Baltimore City Occupancy Permit Inspection, Home inspection, and has a Limited Lead Free certificate, which means only the exterior is required for lead inspection every 2 years. The roof has been coated for maintenance and gutters have been replaced. Updated plumbing and electrical throughout. New tankless water heater, stainless steel appliances, plus both units boast large kitchens. Apartments A has 1 bedroom and 1 full bathroom. Apartment B has 2 bedrooms and 1 full bathroom plus eat in kitchen. The ground level unit is a blank canvas which has been framed out with endless income possibilities. Water is shared in the building. Come see your next income producing property!

ADDITIONAL INFORMATION

Fully Renovated Investment Opportunity in Baltimore Presenting 2833 Brendan Ave, Baltimore, MD 21213âa fully renovated, two-unit property ideal for house hacking. This investment opportunity allows for owner-occupancy in one unit while generating rental income from the other, significantly reducing living expenses. Each unit features spacious living areas and modern kitchens with updated appliances. The property also includes an inviting front porch and a fenced backyard, enhancing its appeal. Conveniently located near Johns Hopkins University and Morgan State University, this property offers easy access to nearby grocery stores such as Food Depot, Giant Food, and ALDI. Additionally, it is just a short drive from shopping destinations like the Belair Edison Crossing Shopping Center and Northwood Commons. For banking needs, major banks including Bank of America and Wells Fargo are conveniently situated within a short distance from the property. Seize this opportunity to secure a fully renovated property that delivers comfortable living and robust income potential in a prime location.

ADDITIONAL INFORMATION

***** We are back on the market! The previous buyer's financing fell through **************** Welcome to 3219-3221 Belair Rd, Baltimore, a prime investment property featuring multiple units for both commercial and residential use. This versatile property boasts commercial space on the main-level and three residential units on the upper-level, providing diverse income streams to savvy investors. The property comes with thoughtful building plans provided by the owners, offering valuable insights into potential renovations or expansions. These plans allow buyers to visualize the property's future potential and make informed decisions on enhancements. Situated on a generous lot, this property includes a spacious rear area that will be conveyed along with the property. This large lot presents opportunities for future development or the addition of amenities, increasing the property's value and appeal. A detailed commercial underwriting report will be available in the documents section of the MLS. This report provides a thorough financial analysis and risk assessment, giving prospective buyers confidence in the investment opportunity. Located in an area poised for growth and gentrification, this property offers the potential for substantial appreciation. Investors can capitalize on the increased demand for mixed-use properties in this evolving neighborhood. With a mix of commercial and residential units, this property caters to a diverse range of tenants. Whether it's retail, office, or residential space, this property offers flexibility and income potential. Don't miss this opportunity to acquire a versatile investment property with multiple units, strategic location, and promising growth potential. Schedule your viewing today to explore the possibilities of 3219-3221 Belair Rd. The photographs featured in the listing depict the property during a previous period.

ADDITIONAL INFORMATION

Incredible 12-Unit Multi-Family Property! Amazing Value at less than $80,000 per Unit! Combining 1200 & 1202 N Caroline St, this remarkable property combines to create an impressive nearly 10,000 sq. ft. corner building boasting fantastic apartment layouts, robust cash flow, and substantial equity potential. Built in a bygone era, this sturdy property features a majestic entrance, exquisite custom millwork, and soaring ceilings. This expansive building offers serene living spaces for tenants and presents a desirable mix of apartment layouts, including eight two-bedroom units, two one-bedroom units, and two studios. Each unit is separately metered, with tenants responsible for their own gas and electric expenses. A diverse tenant base, comprising both market-rate tenants and Section 8 occupants, maintains stable rents averaging approximately $1,000 per month, resulting in a gross annual rental income of $125,000. The owner has made substantial investments, totaling over $100,000, to stabilize the property, yielding an impressive 8% Cap Rate for prospective buyers. This presents a tremendous opportunity to further enhance cash flow and equity. By increasing rents to a reasonable $120,000 per unit and $1,200 per month, potential equity of up to $500,000 could be generated, along with a likely 10+% cap rate. Situated on a spacious lot measuring 49ft by 159ft, spanning the entire block from Caroline to Spring St, the property enjoys adjacency to Madison Square Park, Recreation Center, and Playground, offering unobstructed city views. Just half a mile from Johnâs Hopkins Medical Campus, the property is ideally located amidst the vibrant East Baltimore Development, featuring 1.7 million square feet of life sciences research and office space, educational institutions, green areas, grocery stores, and other essential neighborhood amenities. View the uploaded floor plans to envision the building's layout. While interior photos are limited due to occupied units, this is an exceptional investment opportunity to purchase, enhance, and hold for generations. Donât let this opportunity pass you by â call today for more information!