Welcome to a great opportunity to own a fully occupied 5 unit building located at 2414 St Paul St, in the heart of the arts district in Baltimore City. The building was fully renovated over the past few years, and includes 4 residential studio apartments, and one commercial unit, which is a behavioral health office, The commercial unit has its own and parking pad in the rear of the building. All units feature laminate flooring, and have been fully renovated. Property is fully leased, and along with rent, tenants pay their own utilities, and each unit has its own separate meter. This is perfect for long term investors looking to add to their portfolios, or for investors looking to graduate into commercial investing. With a cap rate of 7.29% and room to grow, this property is one you don't want to pass on. Financials available upon request. Check it out today!
1,500 Sq Ft Lot Size
commercial
$770 Monthly Tax
Built in 1900
MLS/Listing ID MDBA2217652
5 Units
Heating - Natural Gas
Cooling - Central Air
Construction - Brick
Public Water
Private Sewer
TOTAL MONTHLY COST
$0
$0
$0
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