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Listed by Brandi Bradshaw • Keller Williams Select Realtors of Annapolis
$ 225,000
Est. payment /mo
Active
1206 S CAREY ST Baltimore, MD 21230
2,047 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDBA2231816
Year Built 1970
Annual Tax Amount $907
Tax Year 2024
Lot Size 2,047 Sqft
Acres 0.05
Property Sub-Type Other
Source BRIGHT
Property Description
CURRENT Small Storage Facility: 2 Tax Records for this Residential Zoned property currently used as Storage Business with Garage Style Facility in ideal DownTown Baltimore location. Address is what is used to pay electric, tax records don't actually have a formal address. STORAGE UNITS consist of 10 units; 2 larger units & 8 smaller garage style units. Property has electric and water !!
Yearly gross revenue is $27,900 with about 25% vacancy and $4,800 in yearly expenses. Yearly NOI is $23,100 with Cap Rate projected at 9.4% IDEAL Investment Property within demand city life storage needs. Dependent on terms, the Seller will consider holding financing !!!
Yearly gross revenue is $27,900 with about 25% vacancy and $4,800 in yearly expenses. Yearly NOI is $23,100 with Cap Rate projected at 9.4% IDEAL Investment Property within demand city life storage needs. Dependent on terms, the Seller will consider holding financing !!!
Location
State MD
County Baltimore City
Zoning R-8
Interior
Hot Water None
Heating None
Cooling None
Heat Source None
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Hook/Up Avail
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0321050778 049B
Ownership Fee Simple
Acceptable Financing Cash, Other, Conventional
Listing Terms Cash, Other, Conventional
Financing Cash,Other,Conventional
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES
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