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113 W 22nd St
Baltimore, MD 21218
Specialty Property For Sale · 2,751 SF

PROPERTY FACTS

Property Type Specialty
Property Subtype Residential Income
Building Class C
Lot Size 0.03 AC
Building Size 2,751 SF
No. Stories 3
Year Built 1900
Parking Ratio 0.83/1,000 SF
Zoning C-1; 3 Dwelling Units - Licensed for 3 Dwelling Units.

ABOUT 113 W 22ND ST , BALTIMORE, MD 21218

Add this fully-occupied, lead free building to your investment portfolio to start gaining instant returns! 113 W 22nd St. is an all-brick building in Charles North, with 3 1-bedroom apartments. All units are leased out to stable tenants on yearly leases. Tenants pay water, and units are separately metered for both gas and electric. Charles North is an attractive neighborhood for renters due to its central location in Baltimore, just north of Penn Station, offering accessibility to commuters. Charles North is also home to many art and entertainment venues, bars and restaurants, and historic architecture. This neighborhood has a walk score of 92, a bike score of 90, and a transit score of 78. Investment Summary: $240,000 $97 Per Sq. Ft. $80,000 Per Unit 8.1 Times Actual Rent (GRM) 7.8 Times Projected Rent (GRM) 8.97% Cap Rate 14.7% Projected Cash-on-Cash Return

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3609-014
Land Assessment
$68,400
Improvements Assessment
$210,800
Total Assessment
$279,200
  • Listing ID: 17949766

  • Date on Market: 12/12/2019

  • Last Updated:

  • Address: 113 W 22nd St, Baltimore, MD 21218

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