Solid brick townhouse along Baltimore’s Main Street.
Each apartment has original hardwood floors and updated kitchens with a washer-dryer in each unit. Each apartment has its own electric heat pump with central air conditioning and its own electric heat pump. The building has 400-Amps of electric power with 100-Amps to each unit, all circuit breakers.
The location is just north of Station North Arts District and just south of Johns Hopkins University Homewood Campus, representing prospects for strong future growth.
INVESTMENT SUMMARY: $285,000 Offering $83,333 per unit $105 per sq.ft. 7.5 Times Gross Annual Rent (GRM) 7.3% Cap Rate 8% Cash-on-cash return on investment
Unless and until there is a written Buyer-Broker Agency Agreement signed with a prospective Buyer, then Ben Frederick Realty, Inc., Ben Frederick Realty, Inc. represents the Seller. Please click here to download the Maryland Real Estate Commission form “Understanding Whom Real Estate Agents Represent”.