Add this fully-occupied, lead free building to your investment portfolio to start gaining instant returns! 113 W 22nd St. is an all-brick building in Charles North, with 3 1-bedroom apartments.All units are leased out to stable tenants on yearly leases. Tenants pay water, and units are separately metered for both gas and electric.Charles North is an attractive neighborhood for renters due to its central location in Baltimore, just north of Penn Station, offering accessibility to commuters. Charles North is also home to many art and entertainment venues, bars and restaurants, and historic architecture. This neighborhood has a walk score of 92, a bike score of 90, and a transit score of 78.Investment Summary:$240,000$97 Per Sq. Ft.$80,000 Per Unit8.1 Times Actual Rent (GRM)7.8 Times Projected Rent (GRM)8.97% Cap Rate14.7% Projected Cash-on-Cash Return
Dishwasher, Oven/Range-Gas, Refrigerator
|Price Reduced (from $250,000)||$240,000||$10,000 (4.00%)|
|Pending (from Active)||–||–|
The listing content relating to real estate for sale on this web site is courtesy of MRIS. Listing information comes from various brokers who participate in the MRIS IDX.Properties listed with brokerage firms other than Long & Foster | Christie's are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers.The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified.All listing information copyright MRIS 2020.
Listing information last updated on May 26th, 2020 at 12:05am CDT.