3016 Dupont Ave | Baltimore, MD 21215
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- LoopNet Team
3016 Dupont Ave
Baltimore, MD 21215
Multifamily Property For Sale
·
11 Units
INVESTMENT HIGHLIGHTS
- Strong Investment Fundamentals: After renovation, projected to deliver a 10.57% cap rate, 15.3% cash-on-cash return, and 5.3 GRM.
- Strong Physical Plant: Upgraded plumbing, heavy-duty electric, and mini-split HVAC lay the groundwork.
- Phased Renovation Opportunity: Three units gutted and ready for fit-out, four mid-level units needing cosmetic rehab, and four near rent-ready apts.
- Path to Lead-Free Compliance: Previous Limited Lead-Free certs on file; strong candidate for LLF recertification – reducing turnover costs and risk.
PROPERTY FACTS
| No. Units | 11 | Lot Size | 0.62 AC |
| Property Type | Multifamily | Building Size | 10,500 SF |
| Property Subtype | Apartment | Average Occupancy | 0% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built | 1965 |
| Zoning | R-4 - R-4. Permitted for 11 Dwelling Units. | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.62 AC |
| Building Size | 10,500 SF |
| Average Occupancy | 0% |
| No. Stories | 3 |
| Year Built | 1965 |
| Zoning | R-4 - R-4. Permitted for 11 Dwelling Units. |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 11 | - | 675 |
PROPERTY TAXES
| Parcel Number | 4810-031 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $559,067 |
PROPERTY TAXES
Parcel Number
4810-031
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$559,067
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