1206 S Carey St, Baltimore, MD 21230
- $225,000
- List Price
- $225,000
- Days on Market
- 1
- Status
- ACTIVE
- MLS#
- MDBA2231816
- Lot Size (Acres)
- 0.05
- Year Built
- 1970
- County
- Baltimore City
- School District
- Baltimore City Public Schools
Property Description
CURRENT Small Storage Facility: 2 Tax Records for this Residential Zoned property currently used as Storage Business with Garage Style Facility in ideal DownTown Baltimore location. Address is what is used to pay electric, tax records don't actually have a formal address. STORAGE UNITS consist of 10 units; 2 larger units & 8 smaller garage style units. Property has electric and water !! Yearly gross revenue is $27,900 with about 25% vacancy and $4,800 in yearly expenses. Yearly NOI is $23,100 with Cap Rate projected at 9.4% IDEAL Investment Property within demand city life storage needs. Dependent on terms, the Seller will consider holding financing !!!
Additional Information
- Taxes
- $907
- School District
- Baltimore City Public Schools
- Heating
- None
- Heating Fuel
- None
- Cooling
- None
- Water
- Public
- Sewer
- Public Hook/Up Avail
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Listing courtesy of Keller Williams Select Realtors of Annapolis. Contact: 4109724000