435 NICOLL AVENUE Active Save Request In-Person Tour Request Virtual Tour
Baltimore,MD 21212
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 14,400 sqft
Price per Sqft $166
Subdivision None Available
MLS Listing ID MDBA2142644
Originating Board BRIGHT
Year Built 1990
Annual Tax Amount $49,392
Tax Year 2024
Lot Dimensions 20904
Property Description
This prime investment opportunity features a portfolio of 12 individual residential townhomes located just minutes from Towson University, with an income potential of $316,000 annually. Currently, 7 of the 12 units are leased, generating immediate rental income, while the remaining units provide an excellent opportunity for growth in a high-demand area. The properties include a mix of garage and traditional townhomes, appealing to both students and professionals, and the monthly condo fee is $320 per unit. Although these are individual residential townhomes, they are listed under commercial due to Bright MLS restrictions, which limit multi-family listings to 4 units or fewer. Don't miss out on this unique opportunity to expand your investment portfolio!
Location
State MD
County Baltimore City
Zoning R-5
Interior
Hot Water Natural Gas,Electric
Heating Forced Air,Heat Pump(s)
Cooling Central A/C
Flooring Carpet,Laminate Plank
Heat Source Electric
Exterior
Garage Spaces 12.0
Utilities Available Cable TV Available
Waterfront N
Water Access N
Roof Type Asphalt
Accessibility None
Parking Type Parking Lot
Total Parking Spaces 12
Garage N
Building
Lot Description Corner,Interior
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0327645090A042
Ownership Condominium
Acceptable Financing Cash,Other
Listing Terms Cash,Other
Financing Cash,Other
Special Listing Condition Standard