4506 The Alameda
Baltimore, MD 21239
Alameda Place · Multifamily Property For Sale · 120 Units

The Alameda Apartments represent an opportunity to acquire a recently renovated, stabilized multifamily asset in suburban North Baltimore. The property is comprised of 18 apartments across two garden style buildings, most with individual entrances. Unit mix of (17) 2Br - 1Ba and (1) 4Br-1Ba. The majority of units are leased to subsidized tenants, leading to guaranteed income. Apartments feature new hardwood laminate flooring and updated kitchens / bathrooms with ceramic tile. Updated appliances and wooden cabinets in kitchens. Newly painted exterior, restoration of the grounds and newly surfaced off street parking lot. Central heating / air in each unit. Replacement windows. Newer roof. Certified lead free. Quiet, elevated setting. Recently installed onsite laundry facility. Tax parcels are 5603 and 5607 The Alameda. The Alameda Apartments is situated in suburban North Baltimore in the neighborhood of Woodbourne Heights. Woodbourne Heights is a quiet, residential neighborhood comprised mainly of single family homes. Walking distance to The Alameda Shopping Center, anchored by a Shopper' s Food. Minutes to Belvedere Square, which features a gourmet food market, shops, restaurants and a movie theater. Located across the street from Chinquapin Run Park, a city park with a 2-mile long stream and 76 acres of green space. A short drive to both Towson University and Morgan State University. Easy access to Northern Parkway and I-83. Walking distance to mass transit. Under 15 minutes to both Downtown Baltimore and Towson. Top area employers include Towson University with 3,476 employees, Good Samaritan Hospital, located within walking distance and employing 2,200 people, and Morgan State University with 1,701 employees.