499 Beaumont Ave, Baltimore, MD 21212
Summary
Number of Units - 18
15 / 18 Occupied
Parking Spaces - 25
Building SF (Approximate) -16000
The property at 499 Beaumont Ave, Baltimore, MD 21212, enjoys a great location near prominent institutions like John Hopkins University, Loyola University, Towson University Morgan State University and within walking distance of Loyola University, enhancing its allure to potential tenants and ensuring consistent rental demand.
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 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.
- INVESTMENT HIGHLIGHTS -
3 additional commercial spaces currently leased as doctor's offices
Each unit has 2 bedrooms and in unit washer/dryer
Close to John Hopkins Universityand Loyola Universities, attracting tenants and ensuring rental demand
Value-add opportunity with potential to increase rental income by 50%
Recent Capital improvements done recently
Exceptional location with easy access to amenities and public transport