3200 ELGIN AVENUE, Baltimore, MD 21216

  • $599,000
3200 ELGIN AVENUE, Baltimore, MD 21216
Closed Excellent
3200 ELGIN AVENUE, Baltimore, MD 21216
3200 ELGIN AVENUE, Baltimore, MD 21216
  • $599,000

Overview

Property ID: MDBA2113610
  • Detached, For Sale
  • Property Type
  • 6
  • Bedrooms
  • 3
  • Bathrooms
  • 0.20
  • Lot Acres
  • 1920
  • Year Built

Description

Fully renovated building with 3 completely renovated separately metered apartments each having 2 bedrooms and 1 full bath, kitchen, living, dining area, and laundry. All three units are rented until July 2024.
Live in one unit and rent the other two. Annual Income 48,600, approx NOI 41,310, approx cap rate. 6.9%. Low maintenance easily managed, great long-term investment as market rents can be increased. Property Zone Transitional Residential Zoning District. Accommodates both detached and semi-detached dwellings, rowhouse developments, and limited low-rise multi-family garden apartment developments. Limited nonresidential uses.

  • Address 3200 ELGIN AVENUE
  • City Baltimore
  • State/county MD
  • Zip/Postal Code 21216

Details

Updated on June 3, 2024 at 11:04 am
  • Property ID: MDBA2113610
  • Price: $599,000
  • Land Area: 0.20 Acres
  • Bedrooms: 6
  • Bathrooms: 3
  • Garage Size: x x
  • Year Built: 1920
  • Property Type: Detached, For Sale
  • Property Status: Closed

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