217 E Preston St | Baltimore, MD 21202
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- LoopNet Team
217 E Preston St
Baltimore, MD 21202
Preston Street Quad · Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- Two Blocks to Penn Station — Direct access to MARC and Amtrak makes this location ideal for tenants commuting to D.C. or New York.
- Utility Reimbursement Built into Leases — Lease structure recaptures 100% of water, gas, and electric costs across all units, improving NOI.
- Two 5-Bedroom Rental Homes + Bonus Two 1-Bedroom Units — Maximize income with two full-size 5-bedroom rental homes
PROPERTY FACTS
| No. Units | 4 | Building Size | 5,500 SF |
| Property Type | Multifamily | Average Occupancy | 75% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Townhome | Year Built | 1900 |
| Building Class | B | Parking Ratio | 0.73/1,000 SF |
| Lot Size | 0.07 AC | ||
| Zoning | OR-2 - Licensed for 4 Dewlling Units. | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.07 AC |
| Building Size | 5,500 SF |
| Average Occupancy | 75% |
| No. Stories | 3 |
| Year Built | 1900 |
| Parking Ratio | 0.73/1,000 SF |
| Zoning | OR-2 - Licensed for 4 Dewlling Units. |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 5+2.5 | 1 | - | - |
| 5+2 | 1 | - | - |
| 1+1 | 2 | - | - |
PROPERTY TAXES
| Parcel Number | 0486-022 | Improvements Assessment | $290,300 |
| Land Assessment | $165,000 | Total Assessment | $455,300 |
PROPERTY TAXES
Parcel Number
0486-022
Land Assessment
$165,000
Improvements Assessment
$290,300
Total Assessment
$455,300
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