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5603-5611 The Alameda
Baltimore, MD 21239

The Alameda Apartments · Multifamily Property For Sale · 18 Units

Investment Highlights

  • The Alameda Apartments is nearly fully occupied and provides ownership with a consistent cash flow with upside potential.
  • Commuter residents have direct access to multiple public bus line outlets and community retailers like Family Dollar and Compare Foods Supermarket.
  • Baltimore's multi-family market has remained strong in the last four quarters, registering its highest demand in the last 30 years.
  • Ownership will have no problem filling the remaining vacancy, with 50% of residents within a two-mile radius relying on multi-family renting.

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

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 17 - -
4+1 1 - -

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: 23974714

  • Date on Market: 8/25/2021

  • Last Updated:

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

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