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500 E Patapsco Ave
Baltimore, MD 21225
Multifamily Property For Sale
·
8 Units
PROPERTY FACTS
| No. Units | 8 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 5,550 SF |
| Property Subtype | Apartment | Average Occupancy | 80% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1950 |
| Zoning | B022 | ||
| 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 |
| Zoning | B022 |
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
| Parcel Number | 7076-001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $396,900 |
PROPERTY TAXES
