Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID MDBA2127664
Style Other
Originating Board BRIGHT
Year Built 1985
Annual Tax Amount $16,336
Tax Year 2024
Property Description
Located at 499 Beaumont Ave, Baltimore, MD 21212, this property benefits from its close proximity to well-known universities like Johns Hopkins University, Loyola University, Towson University, and Morgan State University. Being within walking distance of Loyola University makes it even more appealing to potential tenants, ensuring a steady demand for rentals.
This investment opportunity features a corner lot with 25 tenant parking spaces and a nearby bus stop for convenient commuting. Recently renovated, the property includes 15 units, each with 2 bedrooms and in-unit washer/dryers. It also houses 3 commercial spaces currently leased as doctor's offices.
With the potential to increase rental income by 50%, this property is a great choice for real estate investors looking for stable returns and growth opportunities. Its excellent location and recent upgrades make it a promising investment for those seeking a profitable venture.
Take the next step towards securing this prime investment opportunity by submitting your offer today. Don't wait any longer to capitalize on the potential for substantial returns and long-term growth. Contact us now to discuss your offer and move closer to making this property a valuable addition to your portfolio.
**Subject to Offer - This post needs to include the ideal asking price, but the property is open to offers.**
Location
State MD
County Baltimore City
Zoning C-2
Interior
Hot Water Other
Heating Other
Cooling Other
Fireplace N
Heat Source Other
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Other
Water Other
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0327485173 020
Ownership Other
Special Listing Condition Standard
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janis@settledownphiladelphia.com
444 N 4th St, Philadelphia, PA, 19123, United States