3201 N Calvert St, Baltimore, MD 21218, USA
SOLD COMP
$350,000
Property ID :
Calvert3201G
44 single car garages make excellent cash flow investments.
Very easy to rent and manage. Located one-half block south of Union Memorial Hospital and two blocks east of Johns Hopkins University.
These garages are easily rented to the many apartment tenants in this area and also as storage units for students, residents, and small business owners.
These garages have older doors, many of which may need repair and/or replacement and the roofs are in questionable condition.
20 garages are currently vacant. 24 garages are rented on monthly leases at $75 per garage per month.
This is an exceptional opportunity to pick up desirable rental units in a superior location. There are no blocks of garages closer to Johns Hopkins than these.
The seller will be participating in a 1031 tax-deferred exchange.
Deadline to submit purchase offers is 5:00 p.m. Thursday, June 15.
Unless and until there is a written Buyer-Broker Agency Agreement signed with a prospective Buyer, then Ben Frederick Realty, Inc., Ben Frederick Realty, Inc. represents the Seller. Please click here to download the Maryland Real Estate Commission form “Understanding Whom Real Estate Agents Represent”.
Owning a home is a keystone of wealth… both financial affluence and emotional security.
Suze Orman