Listed by Keller Williams Flagship of Maryland
$599,000
2926 Christopher Ave
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,156
Units 6
Cap Rate 11.50%
NOI $68,690
Occupancy 85%
Pro-Forma NOI $68,890
Year Built 1930
Year Renovated 1999
Buildings 2
Stories 2
Lot Size (SqFt) 10,365
Zoning OR-1
Parking Spaces 4 spaces
Parking Per SqFt 0.65
Investment Type Owner/User
Multifamily | 11.50% CAP | 6 Units
Marketing description
Sitting on a large 1/4 acre lot facing Christopher Ave and Harford rd. Containing a total of 6 units and a 2 garage. All units are self contained, Operating expenses are low and maintenance is minimal Long term tenants.
NEW ROOF in 2025
Investment highlights
All units are self-contained
High Net Income
5 Residential units/1commercial unit
Separate coin operated laundry in basement
1/4 acre w/2 fully rented Garages
Corner location
Commercial space on Harford Rd
Easy to manage
Owner only pays public service
Debt service $450,[email protected]%-25 years
Commercial space vacant-Rent $1200
Listing Contacts
Listed by Keller Williams Flagship of Maryland
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$68,690.00
$5,724.17/mo
Valuation Metrics
0
DSCR
11.47%
Cap Rate
11.47%
ROI
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