• 03- 3311 Guilford
  • 01 3311 Guilford
  • 08 Stained Glass
  • 05 Front Hall
  • 06 1st floor hall
  • 10 1st Flr Living Room
  • 11 1st Flr Kitchen
  • 13 1st Flr Bedroom
  • 08 1st Flr Bathroom
  • 20 2nd Flr Living Room
  • 21 2nd Flr Bedroom
  • 27 2nd flr deck
  • 25 2nd Flr Bathroom
  • 24 2nd Flr Bathroom
  • 30 3rd Flr Lving Sleeping Area
  • 31 3rd Flr Living Sleeping
  • 32 3rd Flr Kitchen
  • 35 3rd Flr Studo
  • 36 3rd Flr Bathroom
  • 39 3rd Flr Electrci Panel
  • 38 3rd Flr Rear Roof
  • 40 Terrace Living
  • 41 Terrace Kitchen
  • 23 2nd flr Kitchen
  • 42 Terrace Kitchen
  • 45 Terrace Bedroom
  • 43 Terrace Bathroom
  • 96 Front Dormer Roof
  • 95 Upper Roof
  • 09 Rear Porch
  • 09 Rear View
  • 90 mfd license
  • 72 Boiler and Water Heater
  • 71 Gas Meters
  • 70 electric meters
  • 56 garage tlie
  • 50 Garage
  • 03- 3311 Guilford

Property ID : Guilford3311

Sale Pending $395,000.00 - Apartment Building, Townhouse
1974 4 Units 4 Bathrooms 2 Parking Spaces  Add to Favorites Print

Fully leased and well maintained 4-unit in a great block across from Union Memorial Hospital and 3 blocks from Johns Hopkins University.  Porch-front townhouse with second floor rear deck and a 2-car garage in the rear.

Large one-bedroom apartments with full sized kitchens on the first floor and second floor.  Full sized one-bedroom on the Terrace Level.  Third floor is a studio apartment.

160-Amp electric service with a separate meter for each apartment.  Central gas-fired hot water boiler with radiator heaters.  Central 50-gallon gas-fired water heater.  The cost of the heat, hot water and cold water/sewer charges are passed through to each tenant on a pro-rata share so the tenants pay all utilities. The third floor apartment has electric baseboard heat.

Apartments feature hardwood floors, bathrooms with modern vanities and lots of ceramic tile.  Kitchens feature gas stove and refrigerator.  First floor has a garbage disposal.

Act fast because this property has strong cash flow and is sure to sell quickly.

Investment Summary:
$395,000   Purchase Price
$  98,750    per door
$        200    per sq.ft. above grade
8.0               times gross annual rent
8.9%             cap rate
14.1%            cash-on-cash return on investment

 

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Agent Meet Ben Frederick, III, CCIM

  • Mobile : 410-752-6400
  • Fax : 410-435-5041

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