This listing is NOT a foreclosure. Incredible opportunity to own this newly rehabbed and converted legally-zoned 5 unit multifamily propert with R6 Zoning. Building features & amenities include: full building sprinkler system, gated paved and lined parking lot, abundant street parking, common area conference/business center, coin laundry, self-contained units, rear decks, and large walk-out lower level storage / common area. Approx 5,200 sf of income production potential. Unit descriptions: Unit 1: 2br 1ba main floor. Unit 2: 2br 1ba upper floor. Unit 3: 1br 1ba main floor. Unit 4: 1br 1 ba upper floor. Unit 5: 1 br 1ba Lower-level walk-out 900+ sf large enough to add a second bedroom. All units delivered vacant allowing new owner full control over income and tenant selection. The rehab and conversion of the building is brand new and current owner is working on final sign-off and U&O Certificate. Additional potential income upside over and above the base rent: Parking space rental, business center rental, coin laundry income, large lower-level common area rental, and storage locker rental. Large roofline allows an investor the potential to jump on the solar installation bandwagon
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and sell to the grid or to the tenants. n nConveniently located, occupants are a quick walk from the Mondawmin transit plaza, providing quick access to the city via metro subway and local buses. The Mondawmin Mall and The Village at Mondawmin Community center, a three-story complex with over 100 specialty stores and a large grocery store serves the immediate neighborhood. Liberty Road is lined with booming retail. Druid Hill Park, a 745-acre oasis and home to the Maryland Zoo and Rawlings Conservatory & Botanical Gardens, is just a 7-minute walk from the property. Straight shot to I-695 via liberty road, and a short commute to I-83 and Downtown Baltimore, giving tenants opportune access to major employment, transport, education, recreation, shopping, and medical. * Photos of Completely Update Basement Unit Coming Soon*This MLS Resale home is a single family home located in BALTIMORE. It offers 0.15 acres in size, beds and 4 baths. Review its detailed information and determine if this BALTIMORE MLS Resale has the qualities you are looking for.
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This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
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Property Info
Property ID891671031
Parcel Number15-19-3263 -017
CountyBALTIMORE CITY
Bathrooms4.0
Living Area (sqft)3,500
Price/sqft$197
Year Built01/01/1930
Property TypeSingle Family Home
Lot Size0.15 acres
Stories2
Total Units1
Total Rooms9
BasementUnspecified Basement
Room List9
HeatingRadiant
Roof TypeComposition Shingle
Exterior WallsStucco
ZoningR-6
rto financingtrio
Property Brokerage:
Keller Williams Gateway LLC