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2926 Christopher Ave 6 Unit Apartment Building $599,000 ($99,833/Unit) 9.51% Cap Rate Baltimore, MD 21214
INVESTMENT HIGHLIGHTS
- Corner location on Harford rd & Christopher, large lot 1/4 acre w 2 car garage
- Well maintained, New roof 2025
- Self-contained 6 unit Residential /Commercial property
EXECUTIVE SUMMARY
Great opportunity to acquire this 5 unit self-contained asset with 1 commercial space and 2 car garage. Long term tenants with little to no vacancies. Property is on a corner lot with main building on Christopher and commercial space on 6110 Harford road.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$78,924
|
$21.53
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$3,748
|
$1.02
|
| Effective Gross Income |
$75,176
|
$20.51
|
| Taxes |
$4,495
|
$1.23
|
| Operating Expenses |
$13,568
|
$3.70
|
| Total Expenses |
$18,063
|
$4.93
|
| Net Operating Income |
$57,113
|
$15.58
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $78,924 |
| Annual Per SF | $21.53 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $3,748 |
| Annual Per SF | $1.02 |
| Effective Gross Income | |
|---|---|
| Annual | $75,176 |
| Annual Per SF | $20.51 |
| Taxes | |
|---|---|
| Annual | $4,495 |
| Annual Per SF | $1.23 |
| Operating Expenses | |
|---|---|
| Annual | $13,568 |
| Annual Per SF | $3.70 |
| Total Expenses | |
|---|---|
| Annual | $18,063 |
| Annual Per SF | $4.93 |
| Net Operating Income | |
|---|---|
| Annual | $57,113 |
| Annual Per SF | $15.58 |
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Fireplace
- Storage Space
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Hardwood Floors
- Refrigerator
- Range
- Tub/Shower
- Carpet
- Yard
- Office
- Porch
- Vinyl Flooring
- Large Bedrooms
SITE AMENITIES
- Laundry Facilities
- Private Bathroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 1 | $1,100 | - |
| 1+1 | 4 | $1,000 | - |
1 1
Walk Score®
Very Walkable (83)
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2926 Christopher Ave
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