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 !!!
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Listing Snapshot
Price
$225,000
Days On Site
2 Days
Bedrooms
N/A
Inside Area (SqFt)
2,000 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.05 Acres
Year Built
1970
MLS® Number
MDBA2231816
Status
Active
Property Tax
$907
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
Friends & Family
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Recent Activity
3 days ago
Listing updated with changes from the MLS®
3 days ago
Listing first seen on site
General Features
Acres
0.05
Parking
On Street
Special Circumstances
Standard
SqFt Total
2000
Water Source
Public
Zoning
R-8
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Exterior Features
Construction Details
BrickFrame
Community Features
School District
BALTIMORE CITY PUBLIC SCHOOLS
Schools
School District
BALTIMORE CITY PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Keller Williams Select Realtors of Annapolis
