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5603-5611 The Alameda
Baltimore, MD 21239

The Alameda Apartments · Multifamily Property For Sale · 18 Units

PROPERTY FACTS

No. Units 18
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.39 AC
Building Size 106,102 SF
Average Occupancy 94%
No. Stories 2
Year Built/Renovated 1965/2014
Parking Ratio 0.2/1,000 SF

About 5603-5611 The Alameda , Baltimore, MD 21239

Exceptional opportunity to purchase an apartment complex known as "The Alameda Apartments" which is comprised of two buildings totaling 18 units. The complex is conveniently located near the intersection of Chinquapin Parkway and The Alameda, across the street from the "Alameda Marketplace" shopping center, in the "Woodbourne Heights" Community of Baltimore City. The Alameda Apartments is a garden style apartment community with ample on-site parking and on-site laundry facilities. The complex is MDE Certified Lead-Free. • Gross Scheduled Monthly Rent = $15,689 (Based on Rent Roll in "Documents Section") • Gross Scheduled Annual Rent = $188,268 (Based on Rent Roll in "Documents Section") • Gross Potential Monthly Rent = $16,964 (Based on Full Occupancy) • Gross Potential Annual Rent = $203,568 (Based on Full Occupancy) The unit mix consists of: • 1 - Four-bedroom/One-bath unit • 17 - Two-bedroom/One-bath units Each unit has been updated and includes it's own gas fired forced air heating system and central air conditioning system. They are separately metered for gas and electric, which is paid by the respective tenant(s). Typical finishes include laminate and ceramic tile floors and replacement windows throughout. The landlord pays for common area lighting (public service meter) and hot and cold water. Do not miss this one! Diligence Package: A copy of the rent roll, lead certificate, MFD Licenses, sample lease and purchase and sale agreement with assorted addenda are located in the documents section of the auctioneer's website, link below. In order to gain access, you must create a free account as well as accept a non-disclosure agreement. Online Bidding Notes: The initial deposit must be made via credit card, wire transfer or by Cashier's Check. Please review the online bidding terms and deposit transmittal form in the Documents Section for more details. Online bidding only available using a desktop web browser. Online bidding WILL NOT work using mobile devices and tablets running Android.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 27-10-5260-008A
  • 27-10-5260-008
Land Assessment
$114,900
Improvements Assessment
$1,337,800
Total Assessment
$1,452,700

zoning

Zoning Code R-5
R-5
  • Listing ID: 17690452

  • Date on Market: 11/11/2019

  • Last Updated:

  • Address: 5603-5611 The Alameda, Baltimore, MD 21239

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