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706 Park Ave
Baltimore, MD 21201
Multifamily Property For Sale
·
11 Units
Investment Highlights
- The Property presents new ownership a heavy value-add opportunity in one of the fastest growing submarkets in the area, the 93% renter occupied
- This asset can be purchased individually or as any combination of the larger portfolio, including 906 N. Calvert Street and 1037 Saint Paul Street
- The Property could benefit from the CHAP tax credit program, a 10-year tax credit on the full increase in assessed improvement value
Property Facts
| No. Units | 11 | Lot Size | 0.07 AC |
| Property Type | Multifamily | Building Size | 7,719 SF |
| Property Subtype | Apartment | Average Occupancy | 0% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built | 1900 |
| Zoning | OR-2 | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 7,719 SF |
| Average Occupancy | 0% |
| No. Stories | 3 |
| Year Built | 1900 |
| Zoning | OR-2 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | - | 490 |
| 1+1 | 7 | - | 602 - 705 |
| 2+2 | 2 | - | 1,007 |
Property Taxes
| Parcel Number | 0522-035 | Improvements Assessment | $545,600 |
| Land Assessment | $122,700 | Total Assessment | $668,300 |
Property Taxes
Parcel Number
0522-035
Land Assessment
$122,700
Improvements Assessment
$545,600
Total Assessment
$668,300
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