6100 Blk of N Carrollton Ave, Baltimore, MD 21217
Description
- 6100 Blk of N Carrollton Ave, Baltimore, MD 21217 – 6 units6 units 2Beds/1baths
Asking Price: $960,000
6 units Apartments – Built in 1920
Current Income Generation: Hosting a rehabilitation center program, this property yields around $180,000 annually, approximately $9,000 monthly, through a program supporting individuals transitioning away from drug dependency. Maintenance Coverage: The program covers all maintenance, leaving the owner responsible only for minimal taxes and insurance—approximately $1,800 for insurance and $1,000 for taxes. Investment Potential: Under a double net structure, this property provides a stable return on investment, with impressive numbers— around 17% cash-on-cash return, and estimated 10.5% cap rate.Schedule a Showing:
To secure a viewing, provide proof of funds for scheduling within 24 to 48 hours. Given the property’s demand, planned viewings are necessary for access.This property represents an outstanding investment opportunity, blending stability, income generation, and potential growth. Should you have any queries or seek further information, please don’t hesitate to reach out.
Address
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Address 6100 Blk of N Carrollton Ave, Baltimore, MD 21217
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Country United States
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City/Town DMV
Overview
- Property ID 10462
- Price $960,000
- Property Type Apartments Buildings
- Bedrooms 2
- Bathrooms 1
- Year Built 1900
- Size 2,267 SqFt
- Label SOLD
Contact
Patriarch Property MGMT LLC.
443 - 741 - 2308
salesproperties@gopatriarch.com