Skip To Content

308 Long Island Avenue

BALTIMORE, MD 21229
  • $729,000
  • STATUS: Pending
  • ON SITE: 133 Days
  • ID#: MDBA2000434
Pending
$729,000
  • 0
    BEDS
  • 0.43
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
County:

School Ratings & Info

Description

Great 6 Unit All Brick Apartment Building. Very Spacious Units. Four Units are 2 bedroom and 2 baths. One unit is 1 bedroom and Den with 1.5 baths and One unit is a 1 bedroom and 1 bath. Each Unit has a Balcony or Patio. Each unit has their own storage bin. Units are approximately 1100 Sq. feet. Building has Laundry Room, Very Large Parking Lot, Private Garage and extra lot of land. Units are separately metered, tenants pay their own gas and electric. Landlord pays water. Long term tenants in place, rarely a vacancy. Recent updates include 4 new HVAC systems and updated Electric Panel. Current rents below market but still good. Rents average over 60k annually with a Cap Rate of approximately 7%.Long time owner, easy building to manage. Great Tenants.

Monthly Payment Calculator



©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Major Key Realty LLC | Samson Properties. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-10-27T23:50:48.69.
www.majorkeyre.com/homes/118307627
Print Image

308 Long Island Avenue BALTIMORE, MD 21229

  • Price: $729,000
  • Status: Pending
  • ID#: MDBA2000434
0
Beds
0
Baths
0
½ Baths
0.43
Acres
County:
Baltimore City
School District:
Baltimore City Public Schools
Property Description
Great 6 Unit All Brick Apartment Building. Very Spacious Units. Four Units are 2 bedroom and 2 baths. One unit is 1 bedroom and Den with 1.5 baths and One unit is a 1 bedroom and 1 bath. Each Unit has a Balcony or Patio. Each unit has their own storage bin. Units are approximately 1100 Sq. feet. Building has Laundry Room, Very Large Parking Lot, Private Garage and extra lot of land. Units are separately metered, tenants pay their own gas and electric. Landlord pays water. Long term tenants in place, rarely a vacancy. Recent updates include 4 new HVAC systems and updated Electric Panel. Current rents below market but still good. Rents average over 60k annually with a Cap Rate of approximately 7%.Long time owner, easy building to manage. Great Tenants.
Exterior Features

Construction Materials Brick Garage YN No Parking Features Paved ParkingPrivate Parking Types Parking LotPrivate GarageOn Street Property Condition Very Good Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 7500.00 Cooling Central A/C Heating Forced Air Heating YN Yes Net Square Feet 0.00

Property Features

Acceptable Financing CashConventionalBank PortfolioOther Accessibility Features Other Assessment Year 2021 Association YN No Business Type Apartment Building Central Air YN Yes Cooling Fuel Electric Heating Fuel Natural Gas Hot Water Natural Gas Lease Considered YN No Municipality Baltimore City Navigable Water YN N New Construction YN No Number Of Units Total 6 Operating Expense Includes InsuranceLandscapingRepair/MaintenanceSewerTrashWaterSnow Removal Original MLSNumber 800760651202 Owner Pays Advertising/Licenses And PermitsCommon Area MaintenanceInsuranceSewerTaxes - Real EstateTrash CollectionWater Ownership Interest Fee Simple Possession 0-30 Days CdImmediateNegotiableSettlement Property Sub Type Five Or More Units Sale Type Standard Section 01 Sewer Public Sewer Tax Annual Amount 6657.00 Tax Assessment Amount 296400.00 Tax Lot 028 Transportation Bus Stop Less Than 1 Mile Vacation Rental YN No Water Source Public Zoning R-5

Listing courtesy of Samson Properties.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Major Key Realty LLC | Samson Properties. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-10-27T23:50:48.69.
 
https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_1_800760651202-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_1_800760651202-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_1_800760651202-2.jpg
Logo
Major Key Realty LLC | Samson Properties
6363 Walker Ln, Ste 130
Alexandria VA, 22310