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Value Add Opportunity
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SOLD OCT 2021

417 Saint Paul Place: 2 Office Suites/3 + Potential Apartments/Zoned C5 – DC

What makes this Commercially Zoned 3 Story Investment Property Special: This is a great opportunity to own a commercially zoned investment property in the heart of Downtown Baltimore. The property is currently used as office space, with a law firm occupying the 1st and 2nd floors. The third floor is vacant. The potential for…

Bathrooms
2
Sq Ft.
3774 sq ft
SOLD COMP

$275,500 $325,000

By Will Cannon, III

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SOLD JUN 2021

207 South Fremont Avenue: Complete Gut Reno Project in Historic Ridgely’s Delight

What Makes This Gut Renovation Project Special: This is a great opportunity to own a 2 unit complete gut renovation project in Historic Ridgely’s Delight. A variance could be applied for to add additional units. This project gives you a chance to put your own stamp on a property located directly across the street…

Units
2
Bathrooms
2
Sq Ft.
2356 sq ft
SOLD COMP

$170,000

By Will Cannon, III

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Available

837 Hollins Street: 8 Apartments in Hollins Market/ 1 Block from University of Maryland Grad Schools/ Value Add Opportunity

What makes this 8 unit apartment building special: This is a great opportunity to own a value add, 8 unit investment property within walking distance to University of Maryland Hospital and it’s 5 Graduate schools, University of Maryland BioPark, revitalized historic Hollins Market, Camden Yards and M&T Bank stadium. The buildings rents are currently…

Units
8
Bathrooms
10
Sq Ft.
7410 sq ft
OFF MARKET

$860,000

By Will Cannon, III

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SOLD JUL 2021

639 Plymouth Road: 6 Unit/Value-Add/Fully Leased in Catonsville

What makes this 6 unit multifamily special: This is a great opportunity to own a fully leased, value-add 6 unit multifamily property located in Baltimore County, tucked away on a quiet street in Catonsville. As-is, this property offers great cash flow numbers with a projected 10.05% Cap Rate and a 17.7% cash on cash…

Units
6
Bathrooms
6
Sq Ft.
4617
SOLD COMP

$612,000 $595,000

By Will Cannon, III

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SOLD NOV 2021

2908 N Calvert St: 4 Apartment Value-Add Opportunity

Sales Transaction Summary: While fully leased, this building was sold with significant deferred maintenance, for which an $18,000 seller credit was given. The buyer purchased with plans to rehab the apartments. What Makes this Value-Add Opportunity Special: This 4-unit apartment building is located on a prime block in Charles Village. While three of four…

Units
4
Sq Ft.
2932 Sq. Ft.
SOLD COMP

$424,000 $425,000

By Tom Fair

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SOLD MAY 2021

2911 Saint Paul St: 4 Apartments in Charles Village / Value-Add Opportunity

Sales Transaction Summary: Sold to an investor purchaser who planned renovations for the building, including kitchen and bathroom updates, window upgrades, and plumbing and electrical upgrades. Property Description: Unit Make-Up: Investment Summary: $445,000 $111,250 Per Unit $149 Per Sq. Ft. 9.0 Times Actual Rents (GRM) 8.4 Times Market Rents (GRM) 7.40% Cap Rate 11.2%…

Units
4
Sq Ft.
2994 sq. ft.
SOLD COMP

$445,000 $460,000

By Tom Fair

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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”.