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8 TOTAL UNITS! - ALL MONTH-to-MONTH LEASES! 401 Yale Ave

8 Unit Apartment Building $499,900 ($62,488/Unit) Baltimore, MD 21229

Investment Highlights

  • GREAT INVESTMENT! CURRENT, POSITIVE, CASH FLOW!
  • Roof: 2023. Updated Windows. Convenient to Bus Stop/Bus Lines. Fee Simple. No Ground Rent.
  • Just Steps Away from the Highly Sought After Mount Saint Joseph College Preparatory High School!

Executive Summary

GREAT INVESTMENT! CURRENT, POSITIVE, CASH FLOW! Licensed for 8 TOTAL UNITS! (Department of Housing & Community Development license# 014762). This End of Group structure is just steps away from the highly sought after Mount Saint Joseph College Preparatory High School! (See Aerial Views). Just blocks away from the Baltimore County line.
Over 3,400+ Square Feet of Living Space (See attached Floor Plans). Separate Dwelling Unit Count: 1. Separate Dwelling features 2 Bedrooms, 1 Recently Renovated Full Bath, Kitchen & Living Room. Main Building Rooming Units Count: 7. Main Building features 7 Rooms, Common Areas include Kitchen, 2 Full Baths & Basement Laundry Area w/Recent Speed Queen Coined Separate Washer/Dryer Units (additional income!)
Roof: 2023, Updated Windows. All Leases are Month to Month. Convenient to Bus Stop/Bus Lines. Fee Simple. No Ground Rent. Purchase as an Investment to add to your Portfolio and/or Live in Separate Dwelling Unit and Lease Entire Building!

Property Facts

Price $499,900
Price Per Unit $62,488
Sale Type Investment
No. Units 8
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
  • Office Office Residential
Apartment Style Townhome
Building Class C
Lot Size 0.03 AC
Building Size 3,482 SF
Average Occupancy 90%
No. Stories 3
Year Built 1920

Unit Amenities

  • Washer/Dryer
  • Eat-in Kitchen
  • Kitchen
  • Oven
  • Basement
  • Pantry

Site Amenities

  • 24 Hour Access
  • Laundry Facilities
  • Recycling
  • Trash Pickup - Curbside
  • Public Transportation
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
7+2 1 - 3,038
2+1 1 - 444

zoning

Zoning Code R-6 (Licensed for: 1 Dwelling Unit & 7 Rooms (Dept. of Housing & Community Development license # 014762))
R-6 (Licensed for: 1 Dwelling Unit & 7 Rooms (Dept. of Housing & Community Development license # 014762))
  • Listing ID: 34048076

  • Date on Market: 12/2/2024

  • Last Updated:

  • Address: 401 Yale Ave, Baltimore, MD 21229

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