Gregory R Osborn Long & Foster Real
This listing was posted on Gregory R Osborn Long & Foster Real (via ListedBuy).
$599,000
700 Charing Cross Rd, Baltimore, MD 21229 - MLS MDBC2085450
Price:
$599,000
Location:
700 Charing Cross Rd, Baltimore, MD
Description:
This is a very well-maintained and updated corner lot building! It has lots of charm and lots of natural light! It is zoned commercial and consists of 3 separate units: lower level has office space which is currently leased as a salon and (2) 2-bedroom apartments on the main and second level which are currently long term leased. Total 2023 gross income $90,432.00. Former Airbnb's now have leases in place. Total 2022 gross income $76,515.00 which includes salon lease sale and two Airbnb's. Total 2022 expenses include Airbnb host fee, property tax, insurance, heating oil for all units, electric for two Airbnb units, water, and lawn service. Expenses 2022 total $12,514.96 for a NOI of $64,000.04 in 2022. Salon lease runs through March 31, 2025, for $1586.00. monthly. Current property manager is member of LLC and is willing to stay on to serve new buyer. Leases and current salon lease can be provided. Appraised for 569k in spring 2023 based on 2022 financial numbers. Will appraise for significantly more when 2023 numbers are factored in. Still available at ListedBuy!
Property Type:
Multi-Family Residences for Sale
Sq feet:
2,592 sq. ft.
For sale by:
Agent/Broker
Agent Name:
Gregory R Osborn Long & Foster Real Estate, Inc.
Posted:
February 5 on Gregory R Osborn Long & Foster Real (via ListedBuy)
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More About this Listing: 700 Charing Cross Rd, Baltimore, MD 21229 - MLS MDBC2085450
700 Charing Cross Rd, Baltimore, MD 21229 - MLS MDBC2085450 is a Multi-Family Real Estate for Sale at 700 Charing Cross Rd in Baltimore MD. Find other listings like 700 Charing Cross Rd, Baltimore, MD 21229 - MLS MDBC2085450 and listings near 700 Charing Cross Rd by searching Oodle Classifieds for Multi-Family Real Estate for Sale in Baltimore MD.
700 Charing Cross Rd, Baltimore, MD 21229 - MLS MDBC2085450 is a Multi-Family Real Estate for Sale at 700 Charing Cross Rd in Baltimore MD. Find other listings like 700 Charing Cross Rd, Baltimore, MD 21229 - MLS MDBC2085450 and listings near 700 Charing Cross Rd by searching Oodle Classifieds for Multi-Family Real Estate for Sale in Baltimore MD.