This Multifamily Property is Off-Market.

5109 Baltimore National Pike
Baltimore, MD 21229 ·

60 Units · Multifamily For Sale

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Greenwich Gardens

Price N/A Cap Rate 10.14%
No. Units 60 Gross Rent Multiplier 3.63
Building Size 34,432 SF Occupancy 95%
Property Type Multifamily Year Built 1940
Property Sub-type Mid/High-Rise Lot Size 3.70 AC
Property Use Type Investment
Listing ID: 103723 Date Created: 12/15/1998 Last Updated: 06/17/2001

Description

Greenwich Gardens is a community of 60 one and two bedroom apartments situated in 15 buildings on 3.7 acres. It was built by the owner's father in the late 1940's and has been well maintained ever since. Each unit has its own separate entrance way.

The property is located just inside the city border along the Baltimore National Pike (US Rt. 40). It has tremendous curb appeal, & is convenient to the Baltimore Beltway (I-695). It also benefits from being within a quick walk from retail outlets.

Highlights

  • Gas fired boiler heating/hotwater system (recently converted from oil to gas)
  • Pitched roofs
  • Separate entrance way
  • Quiet community that is well landscaped and well located

Research

5109 Baltimore National Pike, Baltimore, MD 21229 (Baltimore City County)

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