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Baltimore,MD 21229
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDBA2186238
Year Built 1928
Available Date 2025-10-27
Annual Tax Amount $7,720
Tax Year 2024
Lot Size 0.331 Acres
Acres 0.33
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Great investment opportunity near Catonsville just inside the Baltimore City line. Four 1-bedroom/1-bathroom units have been rented, and one 2-bedrooms/1-bathroom unit has recently been renovated as an owner's suite or as a rental unit for a new tenant. Gross annual rent for the rented 4 units is $61,200 ($5,100/month), and can be $79,200 ($6,600/month) if the fifth unit (2BR/1BA) is rented out. Let the rent income pay the mortgage. Well maintained: unit renovations (floor, kitchen) in 2021-2025 with updates on furnace, water heater, roof in the last several years. Separate electric meters for all units. Conveniently located near Rt 695 and major highways for a short commute to UMBC, UMB, and downtown Baltimore. Two-car attached garage can be leased for additional income as well as the income from the coin laundry.
Location
State MD
County Baltimore City
Zoning R-3
Interior
Hot Water Natural Gas
Heating Radiator
Cooling Window Unit(s)
Flooring Luxury Vinyl Plank
Heat Source Natural Gas
Exterior
Garage Spaces 5.0
Utilities Available Electric Available,Water Available
Water Access N
Roof Type Slate
Accessibility None
Total Parking Spaces 5
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0328058038 012
Ownership Fee Simple
Security Features Exterior Cameras
Acceptable Financing Cash,Conventional,Exchange
Listing Terms Cash,Conventional,Exchange
Financing Cash,Conventional,Exchange
Special Listing Condition Standard