2620-2630 E Northern Pky Baltimore, MD 21214
Summary
Built - 1986
SF GBA - 7,600 SF
Typical Floor - 2,533 SF
Land SF 43,560 SF
Parking - 15 spaces
Units - 15
# of Buildings - 01
Typical Floor - 2,533 SF
2620-2630 E Northern Pky Baltimore, MD 21214
This 15-unit multifamily property at 2620-2630 E Northern Pky, Baltimore, MD 21214 strategically positioned amidst major employers and universities, offering convenient access to key highways.
With a compelling value-add potential, there’s the prospect of increasing rents by an impressive 30%. Comprising 11 generously-sized 2-bedroom units and 4 thoughtfully designed 1-bedroom units, the property includes parking spaces and showcases spacious living with large floor plans.
Residents can relish the outdoors on balconies featured in the majority of units. This property presents an enticing proposition for investors seeking both a strategic location and substantial rent growth potential.
- INVESTMENT HIGHLIGHTS -
-The property is strategically located in Northeast Baltimore with easy access to Morgan State University, John Hopkins University and major highways.
-The property boasts spacious living with large floor plans, and residents can enjoy the outdoors with the majority of units featuring balconies.
-Value add opportunity – ability to raise rents by 30%
-73% of the unit mix is 2 Bedroom units
-selected units have vaulted Ceilings
-All units have central AC
– Property has Washer and Dryer facility available for tenants convenience
