Property Listing No Longer Available for Sale

1103-1105 E 43rd St, Baltimore, MD

Multi-family for Sale - $500,000 - 8,206 Sq. Ft. on 0.45 acres


Property Info

CIMLS#1058134
Location
  1103-1105 E 43rd St
  Baltimore MD 21239
UpdatedSeptember 28th, 2019
TypeMulti-family
Price$500,000
Building8,206 Sq. Ft.
Land0.45 acres

Property Description

Coldwell Banker Commercial NRT & Coldwell Banker Residential Brokerage are pleased to announce the co-listing of St. Alexander Apartments (1103-1105 E 43rd St, Baltimore, MD 21239). This two (2) four (4) unit portfolio is currently under brand new lease agreements with rents under market value (based on CoStar and MRIS data) and is 100% occupied.

The portfolio will be trading under marketing value on a price per unit basis as well (based on CoStar and MRIS data). Great value add opportunity through rehabilitation and lease up to market rents for an investor at a low price point.

Both properties are also located in opportunity zone! Great tax incentive after required hold period!


Financials