3415 GWYNNS FALLS PKWY Pending

Baltimore,MD 21216

$ 2550000

- Bed

- Bath

38856 SqFt


Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Pending

Purchase Type For Sale

Square Footage 38,856 sqft

Price per Sqft $65

Subdivision Mount Holly

MLS Listing ID MDBA2116046

Originating Board BRIGHT

Year Built 1969

Annual Tax Amount $39,276

Tax Year 2024

Lot Size 0.882 Acres

Acres 0.88

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**

Location

State MD

County Baltimore City

Zoning R-5

Interior

Hot Water Other

Heating Other

Cooling Other

Heat Source Other

Exterior

Garage Spaces 34.0

Waterfront N

Water Access N

Accessibility None

Total Parking Spaces 34

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0315293038 001

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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