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Key Details
Sold Price $455,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MDBA2088048
Sold Date 08/31/23
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $11,404
Tax Year 2023
Lot Size 7,140 Sqft
Acres 0.16
Property Description
Introducing 3915 Barrington Rd, Baltimore, MD 21207 - a fantastic investment opportunity! This vacant 8-unit apartment building offers great potential with its 2-bedroom, 1-bathroom layout in each unit. All 8 apartments are separately metered, providing convenience and flexibility for both you and your tenants.
The projected rent roll once finished averages to $1150/month per apartment or $110,400/ year for the entire building.
While it requires a mid-sized rehab, this property presents an ideal chance to update and revitalize each apartment for long term stabilization. Schedule your tour today!
Location
State MD
County Baltimore City
Zoning R-3
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling None
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0315202713 012
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Non Member • Metropolitan Regional Information Systems, Inc.