Description
Great investment property offers 3 retail storefronts (1st floor), 3 residential apartments (2nd floor). Rear parking (approx. 10 -12 spaces). Commercial : Unit 14: 935 SF + full basement (currently vacant) , Unit 16: 1,035 SF – Barber Shop – $1,200/month. Unit 18: 1,000 SF – Grocery Store – $1,250/month. Month to month leases. Residential: 3 apartments, 2 Bedrooms / 1 Bathroom, $1,400/month per unit. Separate utilities, Tenants pay their own electric and gas ( heating) bills. Month to month leases. The three second floor apartments are below market rates, good opportunity to increase rents. Mechanicals have been updated in the past 10 years including electrical system, new central AC in apartments in 2025.Seller is also selling 424 N Springfield Ave Clifton Heights property. Would prefer to sell as a package deal. Property is listed in MLS# PADE2108698 14-18 E Baltimore, Three different tax IDS, Three separate tax bills, billed annually. Figures are public records, Buyer to verify amounts.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
Description
Great investment property offers 3 retail storefronts (1st floor), 3 residential apartments (2nd floor). Rear parking (approx. 10 -12 spaces). Commercial : Unit 14: 935 SF + full basement (currently vacant) , Unit 16: 1,035 SF – Barber Shop – $1,200/month. Unit 18: 1,000 SF – Grocery Store – $1,250/month. Month to month leases. Residential: 3 apartments, 2 Bedrooms / 1 Bathroom, $1,400/month per unit. Separate utilities, Tenants pay their own electric and gas ( heating) bills. Month to month leases. The three second floor apartments are below market rates, good opportunity to increase rents. Mechanicals have been updated in the past 10 years including electrical system, new central AC in apartments in 2025.Seller is also selling 424 N Springfield Ave Clifton Heights property. Would prefer to sell as a package deal. Property is listed in MLS# PADE2108698 14-18 E Baltimore, Three different tax IDS, Three separate tax bills, billed annually. Figures are public records, Buyer to verify amounts.
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