MLS#MDBA2221418
STATUSACTIVE
PROPERTY TYPECommercial -
SCHOOLBALTIMORE CITY PUBLIC SCHOOLS
Property Description
Stabilized 9%+ Cap Rate. Renovated 8-unit multifamily portfolio in 21239 across four (4) duplex properties clustered within a block distance from each other. The portfolio is 50% occupied. Current rents range from $1,350 to $1,450. All units are 2 Bedroom, 1 Bathrooms. Units consist of vinyl plank and hardwood floors throughout the apartment. Each Unit Consists of Energy Efficient Appliances (Stove, Microwave, Fridge and Dishwasher). Unfinished basement Is accessible from both units. Storage Units Located In The Basements That Are Available For Each Unit To Use. New central A/C units were installed in 2022 (Unit 1 - gas furnace) and 2023-2025 (Unit 2 - electric heat pump). Electrical panels are newer 100 AMPS each. New roofs installed in 2025.
Property Features
Property Type: Commercial -
Cooling: Central A/C, Heat Pump(s)
Fuel Type: Natural Gas, Electric
Heating: Heat Pump - Electric BackUp, Forced Air
Lot Size: 0.30 Acres
Taxes: $12,515
Year Built: 1920
Feature Descriptions
Days on Site: 8
Electric: 100 Amp Service
Exterior: Brick
Lot Dimensions: 0.30 Acre(S)
Sewer: No Septic System
Total Garage/Parking Spaces: 0
Water: Public
Local Schools
School District: BALTIMORE CITY PUBLIC SCHOOLS
Listed By / Shown By
Listed By
Agency Name: Bennett Realty Solutions
Agency Phone: 3014595040
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
1100 & 6105 & 6101 & 6114 Meridene Dr, | MLS# MDBA2221418
This commercial property located at 1100 & 6105 & 6101 & 6114 Meridene Dr,, Baltimore, MD 21239 is currently listed for sale with an asking price of $1,140,000. & 6105 & 6101 & 6114 Meridene Dr, is located within the BALTIMORE CITY PUBLIC SCHOOLS school district. Search Baltimore real estate on www.realtymarkllc.com today.