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For Sale: 31 E North Ave
Location: Station North (Up & Coming Area)
Size: 8,550 Sq Ft.
Condition: Needs work
Price: $795,000
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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
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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: $274,900
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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 $274,900
only $45/sq ft.
Bank Foreclosure Sale
- NEW LOWER PRICE!
4511 Park
Heights Ave
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For Sale:
4511 Park Heights
Ave
Locations: D = Park Heights
Size : 2,400 Sq.Ft
Condition: C lots of upgrade with deferred
maintenance
Cash Flow: vacant, but excellent for Day Care
Price: $99,900
Bank Foreclosure
Sale! |
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For Sale: 2212 N
Charles St
Location: B = Charles Village
Size: 2,760 Finished Sq Ft.
Condition: B+ = Good
Cash Flow: Fully Leased-Positive Cash Flow!
Price: $250,000
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4 Units: 1 store and
3 Apts in this handsome brick and brownstone
townhouse with fenced parking, hardwood floors and
lots of classic decorative molding and trim.
This building is fully leased at below market rental
rates and priced for positive cash flow.
Tenants pay all utilities. This property is
very clean, attractive, and well maintained.
2212
N Charles St $250,000 |
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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
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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
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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
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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
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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
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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
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For Sale: 6143
Macbeth Rd
Location: B+ = Northwood
Size: 2 Apts: 1-one-bedroom, 1
two-bedroom
Condition: A = Renovated, clean, ready-to-go
Cash Flow: B+ = Great Rental Area, Priced
for Positive Cash Flow!
Price: $139,000
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Renovated 2-unit property with new windows, new
carpet, updated kitchens, everything clean,
refreshed, and ready-to-go. First floor
apartment was expanded to make a one-bedroom with
larger living room and larger kitchen than others in
this area. 2nd floor is a typical two-bedroom
apartment for this area. Fenced rear yard with
concrete patio. All separate meters, separate
heat, separate hot water. Now vacant, and in
rent-ready condition. A great buy!
6143 Macbeth Rd 21239 - $139,000
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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
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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 |
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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 |
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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 |
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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
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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 |
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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
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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 |
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For Sale: 2207 Brookfield Ave21217
Location: Reservoir Hill
Location Rating: B
Size: 4 Apts
Condition: A+ Newly Rehabbed
Cash Flow: A
Price: $385,000
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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 |
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For Sale: 1904 Park Ave21217
Location: Reservoir Hill
Location Rating: B
Size: 3 Apts
Condition: C Needs Work
Cash Flow: A
Price: $150,000
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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 |
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For Sale: 1733 Guilford Ave21202
Location: Greenmount West
Location Rating: B-
Size: 3 Apts
Condition: B Needs Cosmetics
Cash Flow: A
Price: $150,000
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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 |
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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
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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 |
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Sold Listings |
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Contract Pending:2930 Saint Paul 21218
Location: Charles Village
Location Rating: A - 2 blocks to Johns Hopkins
Size: 6 Apts
Condition: B = good condition with older kitchens & baths
Cash Flow: B - strong rental market
List Price: $399,000 |
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Sold: 3016
Dupont Ave 21216
Closed 3/26/2010: $260,000
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
List Price: $499,900
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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 |
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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
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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
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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
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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
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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 |
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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 |
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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
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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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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)
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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 |
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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 |
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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 |
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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
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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 |
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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
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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!
1731 Guilford Ave $150,000 |
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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
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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 |
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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
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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.
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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 |
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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
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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 |
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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
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6 Apts (all 1BR) -
renovated, fully leased, tenants pay all utilities.
Located in Hampden, Hon :) - a great neighborhood.
3841 Falls Rd $400,000 |
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Ben
Frederick III, CCIM
