500 E Patapsco Ave
Baltimore, MD 21225
Multifamily Property For Sale · 8 Units
PROPERTY FACTS
No. Units | 8 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.17 AC |
Building Size | 5,550 SF |
Average Occupancy | 80% |
No. Stories | 2 |
Year Built | 1950 |
ABOUT 500 E PATAPSCO AVE , BALTIMORE, MD 21225
500 E. Patapsco Avenue represents an opportunity to acquire an 8 unit, mixed use building in the Brooklyn neighborhood of Baltimore City. The property includes (5) 1 Br-1 Ba apartments and (3) commercial units. Updates to the property include updated kitchens, replacement windows on the second floor, and recent roof repairs. Each unit is self contained with forced heating, individual hot water heaters and window air conditioning. Rent for 4 of the 5 residential units are inclusive of gas, electric, and water. Average residential rent is $870. Two of the commercial spaces leased through May of 2020 with annual rent increases.
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
1+1 | 5 | - | 1,000 |
LINKS
PROPERTY TAXES
Parcel Number | 7076-001 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $394,100 |
ZONING
Zoning Code | B022 |
Learn More About Investing in Apartment Buildings
Listing ID: 13414004
Date on Market: 8/7/2018
Last Updated:
Address: 500 E Patapsco Ave, Baltimore, MD 21225
The Baltimore Southeast Multifamily Property at 500 E Patapsco Ave, Baltimore, MD 21225 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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