3415 Gwynns Falls Parkway, Baltimore, MD 21216

$2,375,000

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Sold Price
$2,375,000
List Price
$2,550,000
Closing Date
Oct 31, 2024
MLS#
MDBA2116046
Year Built
1969
Status
CLOSED
Type
Commercial
County
Baltimore City
Subdivision
Mount Holly

Property Description

Improved by a 38,856+/- SF multifamily apartment building on a 0.88+/- Acre Lot. The building is configured as 34 residential apartment units. Currently 32 of the units are vacant with last 2 currently scheduled for move out through cash for keys and/or eviction. It is expected to be fully vacant by closing. There are 8 one bedroom units, 25 two bedroom units and 1 three bedroom units. 16 of the units have recently been renovated, many of them having full gut out renovations. The property is zoned R5 (Rowhouse and Multi-Family Residential Zoning District). Each unit contains it's own HVAC system. Some renovations to many of the units include full gutout including appliances, bathrooms, flooring, paint, cabinets and more! **Potential Gross Monthly Rent of $40,305** **Potential Gross Annual Rent of $483,660**

Additional Information

Cooling Fuel
Electric
Cooling
Other
Heating Fuel
Other
Heating
Other
Hot Water
Other
Sewer Septic
Public Sewer
Water
Public
Tax Year
2024
Possession
Settlement
Days on Market
127
Acres
0.88
Ownership
Fee Simple

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Calculator source: Real Geeks

Listing courtesy of Alex Cooper Auctioneers, Inc.. Contact:

Selling Office: .