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  • Price$250,000
  • Sq. Ft.2,872
  • Acres0.03
  • Built1900
  • 113 W 22nd St
  • BALTIMORE, MD 21218
  • MLS® #: MDBA494098
  • Office: Ben Frederick Realty, Inc.

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:$250,000$102 Per Sq. Ft.$83,333 Per Unit8.4 Times Actual Rent (GRM)8.1 Times Projected Rent (GRM)8.65% Cap Rate12.7% Projected Cash-on-Cash Return

Essential Information

  • MLS® #MDBA494098
  • Price$250,000
  • Bathrooms0.00
  • Square Footage2,872
  • Acres0.03
  • Year Built1900
  • TypeMulti-Family
  • Sub-TypeDetached, Triplex
  • StyleTraditional
  • StatusPending

Community Information

  • Address113 W 22nd St
  • SubdivisionCHARLES NORTH
  • CityBALTIMORE
  • CountyBALTIMORE CITY-MD
  • StateMD
  • Zip Code21218

Amenities

  • AmenitiesWood Floors
  • ParkingSurface

Interior

  • Interior FeaturesFloor Plan-Open
  • HeatingBaseboard - Hot Water
  • CoolingNone
  • Has BasementYes
  • BasementOther

Appliances

Dishwasher, Oven/Range-Gas, Refrigerator

Exterior

  • Exterior FeaturesFire Escape
  • WindowsDouble Pane
  • RoofRubber

School Information

  • DistrictBALTIMORE CITY PUBLIC SCHOOLS

Additional Information

  • Date ListedDecember 10th, 2019
  • Days on Market38
  • ZoningC-1

Listing Details

  • Listing Office:Ben Frederick Realty, Inc.
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