UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDBA2172094
Year Built 1960
Annual Tax Amount $13,797
Tax Year 2024
Lot Size 0.901 Acres
Acres 0.9
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
• Current Gross Annual Rent of $145,884 • Five units are rented at market rates, while seven benefit from rental assistance programs. • According to the seller, seven of the units have been updated/renovated within recent years. Property Highlights: • Zoning: R-6 • Lead-Free • Active Rental License for 12 units (valid through September 13, 2026) • Separate electric meters for each unit • 7–8 parking spaces available (per seller) • Outdoor features include 8 units with balconies and 2 with patios. Ideally located in the Cedonia area of Northeast Baltimore, this property is close to a wide range of amenities including shopping, dining, schools, and recreational facilities. Convenient access to major thoroughfares such as I-95, I-695, and Belair Road enhances tenant appeal and transportation options. Projected Expenses: Real Estate Taxes - $13,797 for 2025. Trash removal - $250/monthly. Water - $800/monthly. Insurance - $311/monthly. Maintenance - $200/monthly. Electric - $125/monthly. Note: Pictures are from the Alex Cooper library July 2024.
Location
State MD
County Baltimore City
Zoning R-6
Interior
Hot Water Other
Heating Other
Cooling Other
Heat Source Other
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 0326446072J002
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Auction
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Edward Cole
Broker Associate | License ID: PA: AB067617 | DE: RB0020595
Broker Associate License ID: PA: AB067617 | DE: RB0020595