Homes for sale - 3415 GWYNNS FALLS PKWY, Baltimore, MD 21216

$2,375,000

$2,550,000 6.9%

Est. payment - /mo

38,856 SqFt

UPDATED:

Key Details

Sold Price $2,375,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 38,856 sqft

Price per Sqft $61

Subdivision Mount Holly

MLS Listing ID MDBA2116046

Sold Date 10/31/24

Originating Board BRIGHT

Year Built 1969

Annual Tax Amount $39,276

Tax Year 2024

Lot Size 0.882 Acres

Acres 0.88

Property Description

Improved by a 38,856+/- SF multifamily apartment building on a 0.88+/- Acre Lot. The building is configured as 34 residential apartment units. Currently 32 of the units are vacant with last 2 currently scheduled for move out through cash for keys and/or eviction. It is expected to be fully vacant by closing. There are 8 one bedroom units, 25 two bedroom units and 1 three bedroom units. 16 of the units have recently been renovated, many of them having full gut out renovations. The property is zoned R5 (Rowhouse and Multi-Family Residential Zoning District). Each unit contains it's own HVAC system. Some renovations to many of the units include full gutout including appliances, bathrooms, flooring, paint, cabinets and more! **Potential Gross Monthly Rent of $40,305** **Potential Gross Annual Rent of $483,660**

Location

State MD

County Baltimore City

Zoning R-5

Interior

Hot Water Other

Heating Other

Cooling Other

Heat Source Other

Exterior

Garage Spaces 34.0

Waterfront N

Water Access N

Accessibility None

Total Parking Spaces 34

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0315293038 001

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Listed by Matthew S Cooper • Alex Cooper Auctioneers, Inc.
Bought with Gavriel Khoshkheraman • Pickwick Realty

"Jon's passion for real estate and his love for Virginia are a perfect match. He has made it his mission to help local residents sell their homes quickly and at the best possible prices. Equally, he takes immense pride in assisting homebuyers in finding their perfect piece of paradise in Virginia."

+1(703) 537-6747

jongranlund10@gmail.com

1765 Greensboro Station Pl, McLean, VA, 22102

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3415 GWYNNS FALLS PKWY Baltimore, MD 21216