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Browse More Listings in Multifamily For Sale, Baltimore, MD or Maryland

Multifamily Property For Sale

3915 Barrington Rd

3915 Barrington Rd, Baltimore, MD 21207

Price:
$695,000
No. Units:
8
Building Size:
7,350 SF
Price/Unit:
$86,875
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Commission Split:
3%
Cap Rate:
8.40%
Gross Rent Multiplier:
8.70
Occupancy:
100%
No. Stories:
3
Year Built:
1930
Lot Size:
6,970 SF
Tax ID / APN #:
0315202713 012
Find Out More...

Last Verified 11/6/2009 Listing ID 15282508

Description

Updated 8 unit apartment building. Plumbing, electrical, gas forced air heat, individual gas hot water, kitchens, baths less then 10 yrs old. Most replaced. Seperate meters gas/electric. Fully sprinkled. All tenants 1 yr leases. Income producing laundry. Turnkey opportunity. Price reduced.

Forest Park section of Baltimore City. Directly across from Garrison Middle School.

Financial Summary

Unit Mix Information

Debt & Equity Information

Actual
Year
2009
Scheduled Gross Income
$78,000
Effective Gross Income
$74,100
Operating Expenses
$15,969
Net Operating Income
$58,131
Pre-Tax Cash Flow
$10,975

Description	No. Units	Avg. Mo. Rent	Sq. Ft.
3 bedroom 1.5 baths	2	$825	950
2 bedroom 1 bath	6	$738	850
Storage Room	2	$50	100
Storage Room	1	$100	150

Map of 3915 Barrington Rd, Baltimore, MD 21207 (Baltimore County)

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Presented by

Yerman Witman Gaines & Conklin Realty LLC

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Contact Listing Broker

Stanley Zerden (443) 838-0138

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Created 8/10/2007

Additional Information for 3915 Barrington Road, Baltimore, MD 21207

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale -

3915 Barrington Rd, Baltimore, MD, 21207