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2708 Talbot Rd
Baltimore, MD 21216
Westchester Garden Apartments · Multifamily Property For Sale · 46 Units

PROPERTY FACTS

No. Units 46
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 3.07 AC
Building Size 48,000 SF
No. Stories 3
Year Built 1948
Parking Ratio 0.52/1,000 SF
Zoning R-5

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Heating
  • Hardwood Floors
  • Refrigerator
  • Range
  • Carpet
  • Smoke Free

SITE AMENITIES

  • Laundry Facilities
  • Property Manager on Site
  • Security System
  • Maintenance on site

ABOUT 2708 TALBOT RD , BALTIMORE, MD 21216

EXCELLENT UPSIDE POTENTIAL RESULTING IN SIGNIFICANT REVENUE The opportunity exists to construct ten additional homes, as well as to bring four currently vacant shell units (in addition to the 46 units) online to increase rental revenue through more units. Extra density at the property allows for the construction often new units on a vacant lot adjacent to 4506 Westchester Road. Westchester Garden Apartments has undergone a comprehensive face lift, performing the following extensive community enhancements: CAP EX COMPLETED PROJECTS: • Replaced common area flooring • Grind and overlaid the Talbot parking lot • Resealed Westchester parking lot • Installed hard-wired door entry intercom systems • Repaired concrete sidewalks • Installed hard-wired smoke detectors in hallways • Added wood siding to protect electrical panels • Refurbished five out of nine concrete patios (program in-place to complete the remaining patios) • Installed nine new front doors • Added nine secondary egresses • Remodeled laundry rooms • Added all new site lighting • Replaced four mailboxes • Replaced exterior signage • Installed GFCI outlets in all units • Installed dumpster pads • Painted common area hallways • Deep cleaned awnings • Replaced exterior wall lighting • Improved site drainage • Added brand new hallway exit signs

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 4 $737.50 860
2+1 42 $867.50 970

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
8468-008
Land Assessment
$150,000
Improvements Assessment
$1,938,200
Total Assessment
$2,088,200
  • Listing ID: 13903939

  • Date on Market: 9/28/2018

  • Last Updated:

  • Address: 2708 Talbot Rd, Baltimore, MD 21216

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