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7600 Osler Dr - Osler Professional Center 895 - 1,960 SF Medical Condo Units Offered at $150,000 - $254,800 Per Unit in Towson, MD 21204
Investment Highlights
- Free surface parking
- Located across the street from the U of MD St Joseph Medical Center
- Recent lobby and exterior building upgrades
- Multi-specialty referral base in the building
- The utilities and HVAC service are included in the condo fee
- Mental health and PRP uses permitted
2 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User |
| Sale Type | Owner User |
Description
Rare first floor fully improved medical office condominium available for immediate occupancy. Floor plan features three exam rooms, Dr Office, nurse station, restroom, reception area and waiting room. Common area restrooms also serve each floor. Plenty of free and unreserved parking. Walk across the street to the U of MD St Joseph Medical Center.
Sale Notes
Assume 80/20 LTV for owner occupancy financing with 20% down and financing $120,000 @ 6% with a 25 year amortization = $774 monthly ($10.37 sf) plus $1,318 monthly condo fees. The BGE for the unit and the HVAC service are included in the condo fee. Current Baltimore County Real Estate Taxes are $2,312. Local lenders offer 100% financing for qualified medical uses.
| Sale Type | Owner User |
| Sale Type | Owner User |
Description
Two contiguous medical office condominiums combined as one unit. Unit 205 - 1156 and unit 207 - 804 for a total of 1960 sf. There are two hallway entrances. Typical medical office layout with reception area, front office, exam rooms and offices.
Sale Notes
Assume 80/20 owner occupancy financing from local banks with 20% down and finance $203,840 @ 6.5% interest and a 25 year amortization = $1,376.34 ($8.42 sf)fixed monthly payment. Monthly condo fees are $2,753 which includes the BGE and water for both units and the HVAC service to the units. Current real estate taxes are $5,164 paid in two semi-annual payments.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 113 | 895 SF | Medical | $150,000 ($167.60/SF) | - |
| Unit 205/207 | 1,960 SF | Medical | $254,800 ($130.00/SF) | - |
Unit 113
| Unit Size |
| 895 SF |
| Condo Use |
| Medical |
| Price |
| $150,000 ($167.60/SF) |
| NOI |
| - |
Unit 205/207
| Unit Size |
| 1,960 SF |
| Condo Use |
| Medical |
| Price |
| $254,800 ($130.00/SF) |
| NOI |
| - |
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Map
Unit 113
| Unit Size | 895 SF |
| Condo Use | Medical |
| Price | $150,000 ($167.60/SF) |
| NOI | - |
| Sale Type | Owner User |
| Description | |
| Rare first floor fully improved medical office condominium available for immediate occupancy. Floor plan features three exam rooms, Dr Office, nurse station, restroom, reception area and waiting room. Common area restrooms also serve each floor. Plenty of free and unreserved parking. Walk across the street to the U of MD St Joseph Medical Center.</li></ul> | |
| Sale Notes | |
| Assume 80/20 LTV for owner occupancy financing with 20% down and financing $120,000 @ 6% with a 25 year amortization = $774 monthly ($10.37 sf) plus $1,318 monthly condo fees. The BGE for the unit and the HVAC service are included in the condo fee. Current Baltimore County Real Estate Taxes are $2,312. Local lenders offer 100% financing for qualified medical uses.</li></ul> |
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 205/207
| Unit Size | 1,960 SF |
| Condo Use | Medical |
| Price | $254,800 ($130.00/SF) |
| NOI | - |
| Sale Type | Owner User |
| Description | |
| Two contiguous medical office condominiums combined as one unit. Unit 205 - 1156 and unit 207 - 804 for a total of 1960 sf. There are two hallway entrances. Typical medical office layout with reception area, front office, exam rooms and offices.</li></ul> | |
| Sale Notes | |
| Assume 80/20 owner occupancy financing from local banks with 20% down and finance $203,840 @ 6.5% interest and a 25 year amortization = $1,376.34 ($8.42 sf)fixed monthly payment. Monthly condo fees are $2,753 which includes the BGE and water for both units and the HVAC service to the units. Current real estate taxes are $5,164 paid in two semi-annual payments.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 68,182 SF | Typical Floor Size | 15,000 SF |
| Property Type | Office | Year Built | 1975 |
| Property Subtype | Medical | Lot Size | 2.98 AC |
| Building Class | B | Parking Ratio | 4.5/1,000 SF |
| Floors | 4 | ||
| Zoning | OR 1 - OR 1 | ||
| Total Building Size | 68,182 SF |
| Property Type | Office |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 4 |
| Typical Floor Size | 15,000 SF |
| Year Built | 1975 |
| Lot Size | 2.98 AC |
| Parking Ratio | 4.5/1,000 SF |
| Zoning | OR 1 - OR 1 |
Amenities
- Signage
- Natural Light
Very walkable
80/100
Very drivable
80/100
Good public transit
60/100
Fairly bikeable
50/100
1 of 15
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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7600 Osler Dr - Osler Professional Center
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