Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1970
Sq.Footage
2,000
CURRENT Small Storage Facility: 2 Tax Records for this Residential Zoned property currently used as Storage Business with Garage Style Facility in ideal DownTown Baltimore location. Address is what is used to pay electric, tax records don't actually have a formal address. STORAGE UNITS consist of 10 units; 2 larger units & 8 smaller garage style units. Property has electric and water !! Yearly gross revenue is $27,900 with about 25% vacancy and $4,800 in yearly expenses. Yearly NOI is $23,100 with Cap Rate projected at 9.4% IDEAL Investment Property within demand city life storage needs. Dependent on terms, the Seller will consider holding financing !!!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
NO
-
Heating
None
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick, Frame
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.05
-
Lot Size(square feet)
2,047
-
Property Type
Commercial Sale
Price
-
Sales Price
$225,000
-
Tax Amount
$907
-
Financing Options
Cash, Other, Conventional
-
Sq. Footage
2,000
-
Price/SqFt
$112
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Water Source
Public
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Location
County
BALTIMORE CITY
Elementary School
Middle School
High School
Listing Courtesy of Brandi Bradshaw, Keller Williams Select Realtors of Annapolis
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Salesperson, Realtor
Rosie Dove
Call Rosie today to schedule a private showing.
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