627 Ridgely Ave | Annapolis, MD 21401
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- LoopNet Team
627 Ridgely Ave
Annapolis, MD 21401
Multifamily Property For Sale
·
6 Units
Investment Highlights
- Below-market rents with strong upside potential
- 6 residential units with long-term tenants on month to month leases
- Oil heat, city water, and septic
- Deferred maintanance = value-add opportunity (roof replacement needed)
- Separately metered utilities
- Located in affluent West Annapolis near major routes
Property Facts
| No. Units | 6 | Building Size | 9,439 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1940 |
| Apartment Style | Garden | Parking Ratio | 1.59/1,000 SF |
| Building Class | B | ||
| Zoning | R2 - Residential zoning district | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Building Size | 9,439 SF |
| No. Stories | 2 |
| Year Built | 1940 |
| Parking Ratio | 1.59/1,000 SF |
| Zoning | R2 - Residential zoning district |
Amenities
Site Amenities
- 24 Hour Access
- Grill
- Roof Terrace
- Storage Space
- Composting
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | - |
| 2+1 | 3 | - | - |
Property Taxes
| Parcel Number | 02-000-08256100 | Improvements Assessment | $549,700 |
| Land Assessment | $284,800 | Total Assessment | $834,500 |
Property Taxes
Parcel Number
02-000-08256100
Land Assessment
$284,800
Improvements Assessment
$549,700
Total Assessment
$834,500
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