0.34 Acres Lot
0.34 Acres Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDBA2204776
Year Built 1940
Available Date 2026-02-28
Annual Tax Amount $5,474
Tax Year 2025
Lot Size 0.344 Acres
Acres 0.34
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
**Current Gross Scheduled Annual Income: $84,588**
Excellent opportunity to acquire a fully occupied brick apartment building comprised of eight residential units. The unit mix includes four studio apartments and four one-bedroom, one-bath units, offering a balanced layout for strong rental appeal. The property is zoned R-4 and currently licensed for six dwelling units, with approximately 2,480± square feet of gross living space.
The building features a durable rubber roof on the main structure, with an asphalt shingle roof covering the hallway addition. Many of the windows have been updated to vinyl replacements. A gravel parking area at the rear provides convenient off-street parking for up to eight vehicles.
Heating is supplied by six Goodman gas furnaces serving the original units, along with a heat pump for the two newer apartments. Most units are equipped with window air-conditioning. Hot water is provided by six Rheem gas water heaters and one electric Rheem unit. Utility configuration includes seven electric meters and six gas meters. Plumbing lines consist of C-PVC supply lines and PVC drain lines. Private dumpster rental is used and costs around $250/month from NWE.
Each apartment includes a full kitchen outfitted with a 30-inch gas range, refrigerator, stainless steel sink, and wood cabinetry, with a mix of laminate and granite countertops and select shaker-style cabinet upgrades. Bathrooms feature updated vanities and either shower stalls or cast-iron tubs. Flooring throughout the building is primarily luxury vinyl plank or tile, with ceramic tile in select kitchens and baths.
Each unit includes an in-unit stacked washer and dryer, with the exception of Units B3 and 1B, which share a common washer and dryer. Five units hold lead-free certifications, while the remaining three have full risk-reduction certificates in compliance with MDE requirements.
A solid income-producing asset with strong fundamentals and practical upgrades already in place.
Location
State MD
County Baltimore City
Zoning R-4
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Window Unit(s)
Heat Source Natural Gas
Exterior
Garage Spaces 8.0
Water Access N
Accessibility None
Total Parking Spaces 8
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0327234421B040
Ownership Fee Simple
Special Listing Condition Standard
Nearby Locations
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