1206 S CAREY ST new to site

Baltimore,MD 21230

$ 235000

- Bed

- Bath

1800 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $130

MLS Listing ID MDBA2145750

Originating Board BRIGHT

Year Built 1970

Annual Tax Amount $907

Tax Year 2024

Lot Size 2,047 Sqft

Acres 0.05

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 !!!

Location

State MD

County Baltimore City

Zoning R-8

Interior

Hot Water None

Heating None

Cooling None

Heat Source None

Exterior

Garage Spaces 1.0

Waterfront N

Water Access N

Accessibility None

Parking Type On Street

Total Parking Spaces 1

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

SqFt Source Assessor

Special Listing Condition Standard

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