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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

PROPERTY TAXES

ZONING

Zoning Code B022
  • Listing ID: 13414004

  • Date on Market: 8/7/2018

  • Last Updated:

  • Address: 500 E Patapsco Ave, Baltimore, MD 21225