Description
A great opportunity to purchase Mixed-use buildings, configured w/2 Residential units & 2 Commercial Units. The buildings are located in the "Washington Village neighborhood of Baltimore City. //The addresses are 803-807 Washington Blvd. The property is Limited Lead Free. Building Class is C-Commercial with storefront retail & residential. The buildings total approximately 7,316+/- SF EACH of above grade, according to SDAT.// Each residential unit has 2 bedrooms and 2 baths and are on 2 levels. They have been updated with wood floors, modern kitchens and baths, gas heat and central AC. //Gross Scheduled Monthly Income of $6,670. Gross Potential Monthly Income of $10,170. Unit 803 - commercial/storefront retail unit. Currently vacant. Per the seller, the unit has a potential rent of $3,500/monthly. Unit 805A - residential unit. Currently rented for $1,500/monthly. Unit 805B - residential unit. Currently rented for $1,670/monthly. Unit 807 - commercial/storefront retail unit. Currently rented for $3,500/monthly. (Rent will increase to $3,600, starting March 1, 2024)// Location: The property has a convenient location near dining, shopping, schools, recreational facilities, and access to transportation routes. The property is located in close proximity to Oriole Park at Camden Yards & M&T Bank Stadium, Downtown Baltimore, Inner Harbor, University of Maryland at Baltimore, Hollins Market, Lexington Market and10 minutes or 0.6 mile from Univ. of Maryland-Baltimore.//Transportation options available in Baltimore include Convention Center, located 0.6 miles andis near Baltimore/Washington International Thurgood Marshall, located 9.6 miles or 16 minutes away.Transit Score 96 --- Walk Score 94 --- Bike Score 83
Description
A great opportunity to purchase Mixed-use buildings, configured w/2 Residential units & 2 Commercial Units. The buildings are located in the "Washington Village neighborhood of Baltimore City. //The addresses are 803-807 Washington Blvd. The property is Limited Lead Free. Building Class is C-Commercial with storefront retail & residential. The buildings total approximately 7,316+/- SF EACH of above grade, according to SDAT.// Each residential unit has 2 bedrooms and 2 baths and are on 2 levels. They have been updated with wood floors, modern kitchens and baths, gas heat and central AC. //Gross Scheduled Monthly Income of $6,670. Gross Potential Monthly Income of $10,170. Unit 803 - commercial/storefront retail unit. Currently vacant. Per the seller, the unit has a potential rent of $3,500/monthly. Unit 805A - residential unit. Currently rented for $1,500/monthly. Unit 805B - residential unit. Currently rented for $1,670/monthly. Unit 807 - commercial/storefront retail unit. Currently rented for $3,500/monthly. (Rent will increase to $3,600, starting March 1, 2024)// Location: The property has a convenient location near dining, shopping, schools, recreational facilities, and access to transportation routes. The property is located in close proximity to Oriole Park at Camden Yards & M&T Bank Stadium, Downtown Baltimore, Inner Harbor, University of Maryland at Baltimore, Hollins Market, Lexington Market and10 minutes or 0.6 mile from Univ. of Maryland-Baltimore.//Transportation options available in Baltimore include Convention Center, located 0.6 miles andis near Baltimore/Washington International Thurgood Marshall, located 9.6 miles or 16 minutes away.Transit Score 96 --- Walk Score 94 --- Bike Score 83
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