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Key Details
Sold Price $787,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 9,072 sqft
Price per Sqft $86
MLS Listing ID MDBA2036624
Sold Date 09/06/22
Originating Board BRIGHT
Year Built 1966
Annual Tax Amount $9,719
Tax Year 2022
Lot Size 8,365 Sqft
Acres 0.19
Property Sub-Type Five Or More Units
Property Description
Commercially built 10-Unit apartment building that normally stays at 90%-100% occupancy. All units are separately metered and the tenants pay their own utilites.
The building consists of 9 1 bedroom 1 bath units renting on average $825 per month and 1 studio renting for $550
The building is an all brick, garden-style apartment building featuring wide hallways and stairwell for easy move-ins and secure entrance. There are also 2 communal coin-operated washers and dryers that are owned and serviced by Sudsville. Sudsville sends a quarterly check directly to the owner or property manager.
Each one bedroom unit features hard wood floors, central AC and cental heat, full kitchens and large sized bedrooms with wall to wall closets for ample storage. Most of the untis have either private balconies or a ground floor patio.
Most of the tenants are currently month to month and some have been there over 10 years.
Accpetable financing is either CASH, Hard Money or Conventional Financing. The building will be sold AS-IS.
SHOWING BY APPOINTMENT ONLY PLEASE DO NOT DISTURB THE TENANTS.
Location
State MD
County Baltimore City
Zoning R-5
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Heat Source Electric
Exterior
Garage Spaces 3.0
Water Access N
Accessibility None
Total Parking Spaces 3
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0320042542 049
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Tracey L McCallum • Northrop Realty