18 Unit Multifamily property with 3 Commercial Spaces Next to Loyola University

499 Beaumont Ave, Baltimore, MD 21212

Summary

Number of Units - 18

15 / 18 Occupied

Parking Spaces - 25

Building SF (Approximate) -16000

Multifamily Investment Units

Strategic Location Near Top Universities

The property at 499 Beaumont Ave, Baltimore, MD 21212, enjoys a great location near prominent institutions like John Hopkins University, Loyola University, Towson University, and Morgan State University, and within walking distance of Loyola University. This enhances its allure to potential tenants and ensures consistent rental demand, making it an excellent choice for those interested in Multifamily Investment Units.

This enticing investment prospect offers 25 parking spaces for tenants and is situated on a corner lot with a bus stop for the convenience of commuting tenants. This further appeals to real estate investors seeking stable returns and sustained growth. Recently renovated, the property includes 15 Multifamily Investment Units, each featuring 2 bedrooms and in-unit washer/dryers, as well as three additional commercial spaces currently leased as doctor’s offices. With a value-add opportunity to increase rental income by 50%, this property represents a compelling opportunity for significant financial returns.

Multifamily Investment Units

- INVESTMENT HIGHLIGHTS -

-Exceptional location with easy access to amenities and public transport

-Recent Capital improvements done recently

-Value-add opportunity with potential to increase rental income by 50%

-Close to John Hopkins Universityand Loyola Universities, attracting tenants and ensuring rental demand

-Each unit has 2 bedrooms and in unit washer/dryer

-3 additional commercial spaces currently leased as doctor’s offices

-each unit at Beaumont either has laundry or has a washer and dryer hookup.

- Photo Gallery -

- Location Map -

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