2916 Guilford Ave: 3 1-Bedroom Apartments in Charles Village

2916 Guilford Ave: 3 1-Bedroom Apartments in Charles Village

2916 Guilford Ave: 3 1-Bedroom Apartments in Charles Village

2916, Guilford Avenue, Baltimore, Maryland, 21218, United States of America

For Sale

$335,000

  • 00 front
  • 01 front
  • 02 front
  • 11 unit 1 lr
  • 12 unit 1 br
  • 13 unit 1 bath
  • 14 unit 1 dr
  • 15 unit 1 kitchen
  • 20 unit 2 lr
  • 21 unit 2 br
  • 22 unit 2 bath
  • 23 unit 2 dr
  • 24 unit 2 kitchen
  • 30 unit 3 lr
  • 31 unit 3 br
  • 32 unit 3 bath
  • 33 unit 3 kitchen
  • 34 unit 3 sunroom
  • 80 electric meters
  • 81 gas meters
  • 82 boiler, water heaters
  • 83 water main
  • 85 laundry
  • 86 possible asbestos
  • 90 exterior rear
  • 91 exterior rear
  • 94 roof
  • 95 roof

Property ID :

 RH-13931-property

Units
3
Garage
1
Sq Ft.
2733 sq. ft.
Year Built
1912
Lot Size
2464 sq. ft.

Description

This 2,733 sq. ft. apartment building houses three large 1-bedroom apartments! Prime location in Charles Village, near Johns Hopkins Homewood Campus and Union Memorial Hospital!

Each of these spacious apartments has a living room, dining room, kitchen, bedroom and bathroom. This building is easy to maintain with hardwood floors in living areas and vinyl floors in kitchens, standard appliances, copper water service, a newer boiler and well-maintained roof.

Tenants pay for their own electric meters and split the cost of water. A hot water boiler dated 2018 heats all three units; owner pays for heating fuel and public service electric.

While these apartments are easy to rent as-is, this area would support higher rents for renovated units.

Tenants enjoy a short walk from the Charles Village Shopping District, Johns Hopkins University, and Union Memorial Hospital. This building has a WalkScore of 92, a TransitScore of 61, and a BikeScore of 86.

Book your appointment to tour today!

Investment Summary:
$335,000
$116,667 Per Unit
$123 Per Sq. Ft.
14.3 Times Actual Rent (GRM)
9.2 Times Market Rent (GRM)
6.87% Cap Rate
8.6% Projected Cash-on-Cash Return

Features

Property on Map