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 underline link for a detailed information sheet
1208 Saint Paul Street  For Sale: 1208 Saint Paul St
Location: Historic Mount Vernon
Size: 5,700 Sq Ft.
Condition:  Much Historic Detail
Price:
  $525,000
Spectacular Building with 12' ceiling on the first floor.
Spectacular, Grand, 5,700 Sq Ft 4-story building.  Last used as the home of a creative design company, the building has not been cut-up and has much original detail, including in-lay wood floors, chandeliers, fireplace mantels, lead-glass windows, stained glass window, generous room sizes and tall ceilings (12' on the first floor!).  Located 1 block from I-83, 2 blocks from University of Baltimore, 2 blocks from Penn Station and on the Purple Free Circulator Bus Line.  1208 Saint Paul St $525,000
2501 N Calvert St
2501 N Calvert St
FOR SALE:  2501 N. Calvert St 21218
Location: A- Lower Charles Village/Old Goucher Historic District
Cash Flow:  A - priced to sell, cash-flow day1
Condition: B+ very well maintained
Price:  $179,000
2339 Calvert St
2339 N Calvert St
For Sale: 2339 N. Calvert St  21218
Location: A- = Lower Charles Vill /Old Goucher Histroic Dist
Cash Flow:  A+  priced to sell - cash flow day 1

Size:   3 Apartments - All Two-Bedroom
Condition: A  Totally renovated  
Price:
$279,000
3-story end-of-group corner stone house.  Houses across the street are being renovated as this area keeps getting better and better.  Totally renovated in 1995 with separate gas furnace, central air conditioning, ceramic tile, washer/dryer in every apartment.  Very well done.  This property is priced right and is fully leased.  2339 N Calvert St  $279,000
42 Unit Apartment Complex
42-Unit Apartment Complex 
For Sale: 2905 Garrison Blvd, 3302 Clifton, 3512 Clifton 
Location: C = West Baltimore
Size: 42 Apts: All Two-Bedroom/1 Bath 850 sf apts
         30 Apts are rented, 12 are vacant needing repair
         7 Buildings with Six Two-Bedroom Apts in each Building

Condition: C+
=  Clean, maintained
Cash Flow: B = Strong cash flow from long-term tenants
Price:
$1,200,000
Seven Huge 5,700 Sq. Ft. solid masonry buildings located within 3 blocks of each other on a major road with good bus service.  Apartments have updated  bathrooms, hardwood floors and new high-efficiency gas forced air furnace in each apartment.  One building (with 6 apartments) is vacant, fire damaged and needs rehab; another building (6 Apartments) is vacant needing moderate rehab/fix-up.  All other units are fully leased to long-term tenants. 10 units are rented Section 8; the others are market rentals.  Current average rent is $662 per month; market rent is $750-800 providing lots of upside.  3302, 3512 Clifton Ave & 2905 Garrison Blvd $1,200,000
1732 Bolton St  For Sale: 1732 Bolton St
Location: A = Bolton Hill
Size: 3 Apts:  3 Two-Bedroom Apt, 1 Carriage Hse
Condition: A
= Renovated and upgraded
Cash Flow: B = Great Rental Area
Price: $435,000
Huge 3,768 Sq. Ft. Building plus a Carriage House in the rear.  These apartments rent very easily.  Walking distance to MICA provides excellent tenants.  Apartments are modernized, have gas heat and central air conditioning, gourmet kitchens, ceramic tile baths, high ceilings, fireplace mantels, etc.  This building is fully leased.   1732 Bolton $435,000
525 Wyanoke Ave  For Sale: 525 Wyanoke Ave
Location: C = Govans - York Rd & 39th St
Size: 5 Apts:  2 Efficiency, 2 One-BR, 1 Three-BR
Condition: C
= Average
Cash Flow:
A = Excellent Cash Flow
Price: $179,000
Fully rented detached house in the popular Waverly / Govans Neighborhood near Greenmount Ave & 39th Streets.  Large apartments, tree shaded yard, sold wood floors, updated kitchens and baths.  Tenants pay all utilities - each apartment has its own gas furnace, gas water heater, electric meter and gas meter.  This building is fully leased - a great buy at $179,000  525 Wyanoke Ave
2928 The Alameda  For Sale: 2928 The Alameda
Location: C = Coldstream Homestead Montebello
Size: Brick Townhouse with 6 Rental Rooms
Condition: B
= Solid Building with good fundamentals
Cash Flow: A = Outstanding
Price: $89,000
Huge Corner End-of-Group Townhouse with 2 kitchens and 2 full baths that has been rented to 6 roommates, generating over $2,000 cash flow!  House has new windows, hardwood floors, gas heat & hot water.  A money maker!   2928 The Alameda  $89,000
 
2435 Madison  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
2345 Eutaw  For Sale: 2345 Eutaw Pl
Location: B+ = Reservoir Hill
Size: 4 Apts:  2-one-bedroom, 2 two-bedroom
Condition: B = Renovated, Great systems, soem deferred maintenance
Cash Flow: B+ = Great Rental Area, Priced for Positive Cash Flow!
Price: $295,000
Renovated 15 years ago, this grand 5,000 sq.ft. brick and stone townhouse has high ceilings, copper water pipes, 100 Amp all new electric, separate gas furnace with central air conditioning, parking and decks in rear.  A fabulous property that with some minor fix up and increasing rents to market for this area ($800 for 1BR, $1,000 for 2BR) would make for exceptional cash flow.
2345 Eutaw Place 21217 - $295,000
Old York Garage  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:
$45,900
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 $45,900
214 N Conkling St  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
 
2360 Eutaw 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
2349 Eutaw 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
2509 N Charles St For Sale: 2509 N Charles St 21218
Location:  Charles Village
Location Rating: B+

Size:
3 Apts, 1 office
Condition:  A Well maintained
Cash Flow:
  A 
Price:
Price Reduced $190,000
First Floor Office with parking, ceramic tile and laminate flooring, full bathroom, 1 private office.  Upper floors have 3 Apts - all with new kitchens and updated bathrooms.  Very attractive and well maintained building.  Located behind PNC Bank, across from CVS, and Safeway is on the corner - in the heart of the Charles Village Business District.   2509 N Charles St  $190,000
1904 Park 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
 
Sold Listings
3301 Guilford Ave - 4 Apts - $299,000
3301 Guilford 
For Sale: 3301 Guilford Ave 21218
Location: Charles Village
Location Rating: A+
Size:
4 Apartments, 2 Garages
Condition:  A=Very Good
Cash Flow:
  A=excellent
Price:
$299,000 
3908 Belle Ave
3908 Belle Ave
Bank Approved Short Sale
SOLD: 3908 Belle Ave  21215
Closed December 23, 2011.  Final Sales Price $90,000
Location: B = Quiet Street in Arlington near Garrison and West Cold Spring
Cash Flow:  A+  priced to sell - cash flow day 1

Size:   5 Apartments - Full Leased, most to non-profits
Condition: A  Totally renovated  
Price:
$225,000 
 5549 Force Sold: 5549 Force Rd 21206
Closed October 26, 2011; final sales price $715,000
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! 5549 Force Rd $875,00
BANK FORECLOSURE SALE!2606 Talbot Rd 
REHAB ME!
Contract Pending: 2606 Talbot Rd 21216
Location:  Windsor Hills Historic District
Location Rating: B

Size:
13 Apts, 11,000 sq.ft.
Condition:  Needs complete rehab
Cash Flow:
  Excellent When Done
Price:
$229,000
11,000 Sq.Ft. sites on a hill overlooking Gwynns Falls Park in a neighborhood of mostly homeowners with detached frame colonials and victorians.  Located near Social Security Administration and a short ride to I-70.  The exterior has been restored.  The interior has been framed with plumbing HVAC and sprinkler roughed-in.  You complete the rest and get a 20% Federal Historic Rehab Tax Credit! New Lower Price!  2606 Talbot Rd $229,000
2001 Windsor Ave
2001 Windsor Ave
SOLD: 2001 Windsor Ave 21217
Closed: May 11, 2011      $150,000
Location:
Mondawmin/Coppin State University
Size: 33,000 Sq Ft
         on 73,600 Sq. Ft of Land (1.69 acres)
Condition:  Fair

Price:
$425,000  (that is $13 per sq.ft)
          Bank Foreclosure Sale
33,000 Sq. Ft. Commercial Building was originally the Good Humor headquarters. Original building dates to 1927 is mostly masonry construction and features sections of finished office space, showroom, production space, cold warehouse storage space, and locker rooms for employees.  On three sides, the building surrounds a fenced parking lot with loading docks and drive-in doors.  I am working closely with the owners and the lender to cooperatively coordinate a short sale.  This property is 2 blocks away from Coppin State University and Mondawmin Mall.  2001 Windsor Ave $425,000
1615 Retreat
1615 Retreat St
For Sale: 1615 Retreat St   21217
Location:
Penn / North
Size: 4,000 Sq Ft with Fenced Yard
Condition:  Very Good

Price:
$135,000 
Seller Financing Available to Qualified Buyer
4,000 Sq. Ft. Building with new roll up door, new electric, new roof, concrete floor, fenced yard.  Located off of Pennsylvania Ave just above North Ave is near I-83 exits. 
Modern interior.  Valuable, hard-to-find B-3 Zoning allows auto service.  1615 Retreat St $135,000
300 East University Pkwy
300 E University Pkwy
SOLD: 300 E. University Pkwy 21218
Closed  July 15, 2011    $233,000
Location: A = Charles Vill /Oakenshawe - 3 blocks to Johns Hopkins University
Cash Flow:  A+  priced to sell

Size:   4 Apartments
Condition: B  updated, needs some work
Price:
$255,000
BANK FORECLOSURE SALE!2506 Madison 
REHAB ME!
SOLD: 2506 Madison 21217
Closed March 30, 2011   $45,000
Location:
  Reservoir Hill
Location Rating: B

Size:
6 Apts, 5,000 sq.ft.
Condition:  Needs complete rehab
Cash Flow:
  Excellent When Done
Price:
Price Reduced: $59,900
108 E Preston Photo  SOLD: 108 East Preston St
Closed July 7, 2011   $372,500
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
5218 Park Heights
5218 Park Heights 
SOLD: 5218 Park Heights Ave  21215
Closed March 29, 2011.  Final Price $70,0000
Location:
C = Park Heights
Size: 3 Units: 1,800 sq ft store, 2 Two-Bedroom Apts
Condition: C
=  Clean, maintained
Cash Flow: B = Strong cash flow
Price:
$99,000
   
1781 Dorsey Rd
1781 Dorsey Rd
SOLD: 1781 Dorsey Rd 21076
Closed March 29, 2011.  Final Price $195,000
Location: A = Hanover - Anne Arundel County
Size:   1.82 Acres, Zoned C-3
Condition: D   needs work - development opportunity

Price: $259,000
1.82 Acres with excellent frontage on Dorsey Rd, just off of Coca-Cola Drive and Route 100 near Arundel Mills and BWI Airport.  Previously used as a church and residence, this valuable property offers many options for future use and/or development.  This is a bank foreclosure sale, so the house has some damage and deferred maintenance and is being sold "as is" at a low price.  1781 Dorsey Rd - Anne Arundel County  $259,000
1733 Guilford SOLD: 1733 Guilford Ave21202
Closed March 6, 2011.  Final Price $141,000
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
1707 Wilmington Ave SOLD: 1707 Wilmington Ave 21230
Location: Carroll Park - near I-95
                and St. Agnes Hospital
Size: 2,840 Sq Ft Commercial Building Zoned M-2
Condition:  Fair
List Price:
$79.900
Final Sales Price $60,000 cash.  Closed November 1, 2010
Bank Foreclosure - 1 story building with full open basement.  Basement is accessible at-grade in the rear of the property.  Fenced yard with parking in front, along the side, and in the rear.  Located on a dead-end street in a residential area, the property is an anomly in that it is commercially zoned with residential neighbors.  Located just off of Washington Blvd and De Soto Rd between I-95 exit 51 and I-695.   1707 Wilmington Ave - Bank Foreclosure Bargain at $79,900
 
869 W Lombard Pending:  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 - New Higher Rents!  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
2937 St Paul St
2937 St Paul St
SOLD: 2937 Saint Paul St 21218
Closed January 30, 2011  $276,000
Location:
A+  Charles Village
               3 blocks from Johns Hopkins Univ
Size: 3 Apartments:  Two 2-BR, One 1-BR Condition: A -clean & meticulously maintained
Price:
$299.000
Prime Location - Prime Condition - A Great Value - 100% rented to quality tenants, each of whom pays their own utilities.  Spacious two-bedroom apartments with hardwood floors, fireplace mantels, dishwashers in kitchens.  Bright one-bedroom apartment on the third floor.  Parking in rear.  Full basement with laundry for tenants.  One block to Charles Village Retail District; 3 blocks to Johns Hopkins University Campus.  There are cheaper bank foreclosure sales; but this building is owned and managed by responsible landlords and does not have any "issues" - a pleasure to own!   2937 St Paul St - only  $299,000
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
 
 
 
 

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Ben Frederick, III, CCIM

Certified Commercial-Investment Member, specializing in multi-unit apartments and commercial-investment real estate

701 W. University Pkwy, Baltimore, MD 21210
Email Ben: Ben@BenFrederick.com
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