Apartment and Commercial-Investment Listings For Sale

Multi-Unit Apartment Building Listings For Sale, Commercial Real Estate Listings For Sale are summarized below. Ben Frederick Realty Inc. specializes in the sale of apartment buildings and commercial-investment real estate in the Baltimore, Maryland Metropolitan Area. Ben Frederick III, CCIM, Broker, is a specialist in Commercial-Investment Real Estate, has over 25 years experience, and can be reached at 410-435-5040

Active Listings - click on photo or blue link for a detailed information sheet

For Sale: 31 E North Ave
Location: Station North (Up & Coming)
Size: 8,550 Sq Ft.
Condition: Needs work
Price: $795,000

8,550 Sq Ft 4-story building located in the Station North Arts District just 2 blocks from Penn Station, 2 blocks from Maryland Institute College of Art and University of Baltimore. North Ave is a major east-west commercial strip. There is one tenant renting this entire building on a month-to-month lease for $1,700/mo. Priced at only $100 per sq ft.; NEW LOW PRICE! 31 E. North Ave, $795,000

	For Sale: 50-60 N Dundalk Ave Location: A = Dundalk Size: 6,100 Sq Ft. Condition: B = Good Cash Flow: A = vacant now - easily rented Price Reduced: $299,000
6,100 Sq Ft Art Deco retail building with modern store front, carpeted interior with new suspended grid ceiling and florescent lights. 50-60 N Dundalk Ave $299,000 only $49/sq ft. Bank Foreclosure Sale

	For Sale: 1719 Linden Ave Location: B+ = Bolton Hill Size: 5 Apts: 1 studio, 3 1BR, 1 2BR Condition: B = Renovated and upgraded Cash Flow: B = Great Rental Area Price: $325,000
A great value! 5 Apts in Bolton Hill for only $65,000 per unit. This building is fully leased. There are separate heating systems, separate water heaters and separate gas & electric meters for each apartment. Owner has personally screened the tenants and the owner has kept this building well maintained. Located on a quiet cobblestone street just a few blocks walk to MICA. 1719 Linden Ave $325,000

	For Sale: 2435 Madison Ave Location: B+ = Reservoir Hill Size: 4 Apts: 2-one-bedroom, 2 two-bedroom Condition: B = Renovated w/some deferred maint Cash Flow: B+ = Great Rental Area Price: $225,000
This 4-unit property was totally gut-rehabbed about 15-years ago. It has some deferred maintenance, yet solid structure and excellent mechanicals. Fully leased with tenants paying all utilities. A great buy! 2435 Madison Ave - $225,000

	For Sale: 108 East Preston St Location: A = Historic Mount Vernon Size: 5 Apts: 4-one-bedroom, 1 Studio Condition: B+ = Updated ceramic tile kitchens & baths, washer/dryer in each apt. Cash Flow: B+ = Great Rental Area Price: $399,000
5-unit stone building with new ceramic tile baths, new ceramic tile kitchens, washer/dryer in every apt, high ceilings, fireplace mantels, hardwood floors, attractively maintained. Separate electric meters, separate water heaters, cost of central heat is passed throught to tenants. Great location 2 blocks to University of Baltimore and Penn Station. 108 E Preston St - $399,000

For Sale: 6024 Harford Rd 21214
Location: Hamilton
Size: 31,451 Sq Ft Comml Site (0.72 acres)
Condition: Excellent
Price: $1,100,000

3/4 Acre Commercial Site - Zoned B-3 which, in Baltimore City, allows drive-thru restaurant and auto service. Excellent location at the top of a hill for great visibility. Two existing curb cuts, city water, sewer, gas and electric already to the site! 20,000 vehicles per day pass this location and there are 85,000 households with a $50,000 median income within a 5-minute drive-time. 6024 Harford Rd 21214 $1,100,000

For Sale: 735 N. Eutaw St
Location: B - Near Culture Arts Center
Size: 1,600 Sq Ft (800 Sq Ft per floor)
Condition: A = Very Good
Price: $235,000
Property is vacant

Seton Hill / Mount Vernon. Located across from Maryland General Hospital, State Office Complex and near Subway and Light Rail Stops. 800 Sq.Ft. Per floor - open loft/industrial style space with high ceilings, exposed beams, exposed brick. Ideal for live-work, studio, or office space. Could be made into two apartments. 735 N Eutaw St $235,000

	For Sale: 3514 Old York Rd (Rear) 21218 Location: Waverly Location Rating: B Stable Size: 1,431 Sq Ft - 1 rental unit Condition: B= very good Cash Flow: Better as a User Property Price: $54,900 Owner will finance!
1,431 Sq Ft garage with a fenced yard, located in an R-6 residential zoning district. Can be used for storage only. Good roof, vinyl siding over block construction. Single-phase and three-phase electric service, new oil-fired heating system. Private office. No water or sewer. Price reduced! Owner will finance! Old York $54,900

FOR SALE: 6103 Macbeth Rd 21239
Location: Northwood
Location Rating: B
Size: 2 Apts
Condition: A - Newly renovated
Cash Flow: Excellent
Special Price: Price Reduced to $139,000!

click here for more photos

2 Apts - solid brick easy to maintain. Everything has just been redone. Hardwood floors, ceramic tile baths. Separate furnaces, separate water heaters, separate gas and electric meters. Backs up to open space. Located off of Lake Ave, Northern Pkwy, and Chinquapin Pkwy. 6103 Macbeth Rd $139,000

For Sale: 214 N Conkling St 21224
Location: Highlandtown
Location Rating: B
Size: 2 Apts
Condition: A Well maintained - move-in cond
Cash Flow: B+ Section 8 tenant
Price: $165,000

Well maintained brick porch front in a great rental neighborhood. Solid wood kitchen cabinets, wall-hung CAC units, rubber roof, deck and parking pad in rear. Upper floors a 3-Bedroom/1Bath house, Basement is a one-bedroom apt with separate utilities. Zoned and Licensed for 2 legal units. New tenant moving in paying $1,575 per month to give you easy management and good cash flow!! 214 N Conkling St $165,000

For Sale: 3036 Guilford Ave
Location: A+ = Charles Village - 2 blocks to JHU!
Size: 4 Rental Units (2 rooms, 2 Apts)
Condition: A = Excellent
Cash Flow: B = Very Good
Price: $299,000 (Lowest Price Multi-Unit in Charles Village)

Charles Village: Attractive brick, porch-front 2,174 Sq.ft. townhouse w/parking in rear! 2 rooming units on the first floor share a kitchen and bath. 2-bedroom apt on the 2nd floor; 1-bedroom apt on the third floor. Fully leased. Utilities are pass-thru to the tenants. Located 2 blocks to Johns Hopkins University Campus. 3031 Guilford Ave $310,000

FOR SALE: 2606 Talbot Rd 21216
Location: Windsor Hills
Location Rating: B
Size: 13 Apts
Condition: Needs complete Rehab
Cash Flow: Excellent When done
Special Price: $250,000

13 Apts needs total rehab. Located in Historic District - approved for 40% Historic Rehab Tax Credit! 2606 Talbot Rd price reduced to $375,000 firm

For Sale: 5549 Force Rd 21206
Location: Frankford
Location Rating: B
Size: 12 Apartments
Condition: A=excellent
Cash Flow: A=excellent, gov't subsidized tenants
Price: $875,000

12-Apartments, most 2-bedroom. 100% leased. Totally renovated with all new kitchens & baths, separate heat. Certified Lead Free! Assumable non-recourse financing! 5549 Force Rd $875,00

	For Sale: 702 Homestead St 21218 Location: Waverly Location Rating: B Size: 4 Apts Condition: A+ Totally rehabbed just last year Cash Flow: A+ Price: $275,000
4 Apts in Waverly. Totally renovated last year, all new plumbing, elec, gas heat CAC, kitchens & baths. Fully leased. Up and coming area. What a buy! 702 Homestead St $275,000

	For Sale: 2360 Eutaw Pl 21217 Location: Reservoir Hill Location Rating: B Size: 5 Apts Condition: B+ Some Minor Maint needed Cash Flow: A Rents are below market Price: $395,000
5 Apts fully leased. 5,500 sq ft beautiful, grand brownstone. Tenants pay all utilities. 1 block to Druid Hill Park. Rents are below market. A great value! 2360 Eutaw Pl $395,000

For Sale: 2349 Eutaw Pl 21217
Location: Reservoir Hill
Location Rating: B
Size: 4 Apts
Condition: B+ Some Minor Maint needed
Cash Flow: A Rents are below market
Price: $290,000

4 Apts - fully leased, tenants pay all utilities. Totally renovated 10+ years ago with all new sheetrock, plumbing, heat, CAC, electric, windows, kitchens & baths. A grand 4,800 sq ft building with solid cash flow at only $290,000 2349 Eutaw Place

	For Sale: 2207 Brookfield Ave21217 Location: Reservoir Hill Location Rating: B Size: 4 Apts Condition: A+ Newly Rehabbed Cash Flow: A Price: $385,000
4 Apts - totally renovated just last year! all new floors, walls, systems, utilities, kitchens and baths. Fully leased with solid cash flow. 3,200 Sq Ft. 2207 Brookfield Ave $385,000

	For Sale: 1904 Park Ave21217 Location: Reservoir Hill Location Rating: B Size: 3 Apts Condition: C Needs Work Cash Flow: A Price: $150,000
3 Apts - fully leased - tenants pay utilities. Great block in Res Hill, just a couple of blocks from MICA. This building is in older condition. Most others on this block have been renovated. A grate value! 1904 Park Ave Only $150,000

For Sale: 1733 Guilford Ave21202
Location: Greenmount West
Location Rating: B-
Size: 3 Apts
Condition: B Needs Cosmetics
Cash Flow: A
Price: $150,000

3 Apts near Station North. Totally renovated 10+ years ago with sprinkler system, all new plumbing, elec, heat CAC, kitchens & baths. Fully leased. Up and coming area. What a buy! 1733 Guilford Ave $150,000

	For Sale: 869 West Lombard St Location: Hollins Market / Univ of MD Downtown Location Rating: B+ Size: 3 Apts Condition: B - well maintained Cash Flow: A Price: $199,000
3 Apts, fully leased. Located 1 block to University of Maryland Downtown Campus, 1 block to new Biotechnology Park. Fully leased with excellent cash flow! Coin-Op laundry on premises. 869 W. Lombard St. 21201 $199,000

For Sale: 3412 Powhatan Ave 21216
Location: Forest Park
Location Rating: B
Size: 3 Apts
Condition: B+
Cash Flow: A
Price: $210,000

3 Apts Fully Leased. Property has new roof, new windows, updated kitchens & baths. Meticulously maintained by current owner. 1 block to Lake Ashburton. 3412 Powhatan Ave $210,000

For Sale: 2306 Eutaw Place 21217
Location: Reservoir Hill (Up & Coming)
Size: 4,680 Sq Ft. Single Family Home
Condition: 1st & 2nd Flr newly renovated. 3rd Flr unfinished
Price: $357,500

6,680 Sq Ft of stunning beauty! Curved front windows, original stained glass, pocket doors, gorgeous hardwood floors, carved wood fireplace mantels, 11' ceilings, sculpted plaster, period light fixtures. Pamper yourself in old world luxury at a bargain price. Fully renovated kitchen with granite counters, cherry cabinets, ceramic floor, full appliance package. Luxuriate in two spacious ceramic/marble tile bathrooms. Appreciate the light and airy spaciousness. Third floor contains 3 large rooms that are unifinished. Priced at only $357,500 2306 Eutaw Place

Sold Listings

Contract Pending: 3016 Dupont Ave 21216
Location: Park Heights
Location Rating: C - Moderate Income
Size: 11 Apts, all 2-BR, 675 Sq Ft each
Condition: C = all are vacant and need work
Cash Flow: B - strong rental market
Price: $499,900

11 Apts - all 2-Bedroom, 675 Sq Ft, hardwood floors, replacement windows, large lot. Located among many homeowner properties. This is a bank foreclosure sale. All units are vacant and need work. 3016 Dupont Ave $499,900

Sold: 3500 Fairview Ave 21216
Closed 12/23/2009: $1,075,000
Location: Forest Park
Location Rating: C - Moderate Income
Size: 30 Apts, all 2-BR, 950 Sq Ft each
Condition: B = recently updated
Cash Flow: A - Most rent from Govrnmt
List Price: $1,500,000

30 Apts - all 2-Bedroom, fully leased, tenants pay heat & electric. Hardwood flrs, new furnaces, updated kitchens & baths. Most Section 8 tenants, which means rent is guaranteed by the government and there is a waiting list. 3500 Fairview Ave $1,500,000

	Sold: 114 West 25th St Location: A = Charles Village Size: 1 Office, 3 Apts, 2,280 Sq Ft Condition: D = Needs work Cash Flow: B+ = Great Rental Area List Price: $159,900 Closed 2/24/2010 $100,000 all cash
*Bank Foreclosure Sale!* This 4-unit property has basement store/studio apt, first floor store/office, 1-bedroom on 2nd Flr and 1-bedroom on 3rd Flr. Parking in Rear. Currently, 1st Flr and 2nd Flr are rented. Building has deferred maintenance and needs some repair. Priced to sell quickly! Click for detailed info sheet and photos 114 West 25th St - $159,900

Sold: 3012 N Calvert St
Closed 12/31/2009: $296,000
Location: A = Charles Village
Size: 3 Apartments - All Two-Bedroom
Condition: A = Good, well maintained
Cash Flow: A = fully leased - tenants pay util
List Price: $299,000

3 Apartment brick townhouse. Spacious, all 2-bedroom units. Kitchens and baths updated, ceiling fans, hardwood floors, etc. parking in rear, laundry in basement. 2 blocks to Johns Hopkins! 3012 N Calvert St $299,000

SOLD Closed 11/3/2009: 2100-2102 Maryland Ave 21218
Location: Charles Village (south)
Location Rating: B - Solid, stable, Up and Coming
Size: 15 Apts - 12 one-bedroom, 2 two-bedroom, 1 4-BR
Condition: Excellent
Cash Flow: A=strong cash flow
List: $1,500,000
Final Sales Price: $1500,000

15 Apts, 1 office - total rehab with recent updates. Fully leased at time of closing by subsidized tenants. 2100-2102 Maryland Ave $1,500,000

SOLD Closed 11/6/2009: 1629 Saint Paul St 21202
Location: Station North
Location Rating: A - Up and Coming
Size: 7 Apts - 3 Studio, 4 one-bedroom
Condition: Needs Rehab
Cash Flow: A=after rehab shows strong cash flow
List: $295,000
Final Sales Price: $175,000 (all cash)

7 Apts - needs total rehab. Located directly across from Pennsylvania Station (AMTRAK, MARC, Light Rail), 2 blocks to Univ of Balt, 5 blocks to MICA, 10 blocks to Johns Hopkins. 1629 St Paul St $295,000

Sold (closed October 3, 2009): 207 E 33rd St 21218
Location: Charles Village
Location Rating: A - 2 Blocks to Johns Hopkins
Size: 4 or 5 Bedroom House - 2 Baths
Condition: B = Some deferred maint.
Cash Flow: B - strong student market
List Price: $259,000
Final Sale Price $250,000

4 Bedroom House rented to a group of Johns Hopkins College Students for $2,500 per month. Located 2 blocks to campus. 207 E 33rd St $259,000

SOLD (closed 8/15/09): 10 Wiltshire 21222
Location: Essex
Location Rating: B
Size: 2,640 Sq Ft 1/3 Acres Lot
Condition: A
Cash Flow: none - user property
List Price: $450,000
Final Sale Price $335,000

2,640 Sq Ft Free Standing Building on 1/3 acre lot with Full Commercial Kitchen (walk-in box, fryer, grill, pizza oven, triple sink, ceramic tile floor throughout, handicap bath). 18-car parking. Vacant and ready to go! 10 Wiltshire Rd $450,000

Sold! 1731 Guilford Ave21202
Location: Greenmount West
Location Rating: B-
Size: 3 Apts
Condition: B Needs Cosmetics
Cash Flow: A
Final Sales Price: $145,000

SOLD 2920 St Paul St 21218
Location: Charles Village - 2 blocks to Johns Hopkins
Location Rating: A
Size: 7 Apts
Condition: B Average
Cash Flow: B+
List Price: $385,000
Sold Price: $335,000 (as is)
Closed: June 18, 2009

7 Apts (2 rooms, 2 efficiencies, 3 One-Bedrooms) located 2 blocks to Johns Hopkins Univ. Owner managed for the last 35 years. Location, Location - What a buy! 2920 St Paul St $385,000

2 Apts - both apts rented to a non-profit so you never have a vacancy and never have a collection problem. Solid brick corner THS-good condition.

Sold: 4100 Fairfax Ave21216
Location: Forest Park
Location Rating: B
Size: 2 Apts
Condition: A
Cash Flow: A - Rent paid by non-profit housing group
Sold 4/6/2009
$97,500

2 Apt Brick End-of-Group Townhouse located 3 blocks from Towson University (19,000 students). Rarely available in a home-owner block-dead end street. A great buy at $220,000. 210 Ridge Ave.

SOLD: 210 Ridge Ave - Towson 21204
Location: Towson
Location Rating: A - 3 Blocks to Towson University
Size: 2 Apts
Condition: C = Needs Work - deferred maint.
Cash Flow: B - fix me up and raise rents for an A
List Price: $220,000
Sold Price: $188,000. closed April 6, 2009

	Sold: 4215 Bayonne Ave 21206 Location: Frankford-Overlea Location Rating: B+ Stable Size: 15-Bed Assisted Living Facility Condition: A=excellent Cash Flow: A=excellent, stable long-term tenant Price: $585,000 Closed May 12, 2009
15-Bed assisted living facility. I am selling the building. You collect 1 rent check from the Operator of the Assisted Living Facility on a long-term commercial net lease. Easy to manage-great cash flow! 4215 Bayonne Ave $675,00

	SOLD!: 3841 Falls Rd 21211 Location: Hampden Location Rating: A Size: 6 Apts Condition: A- Cash Flow: A Price: $400,000 Sold for $355,000. Closed 2/11/2009. Unrecorded asset sale
6 Apts (all 1BR) - renovated, fully leased, tenants pay all utilities. Located in Hampden, Hon :) - a great neighborhood. 3841 Falls Rd $400,000