Glen Oaks Duplex Portfolio
(4) duplex properties for sale in 21239
Marketing description
(8) 2 Bedroom, 1 Bathrooms. Units consist of vinyl plank and hardwood floors throughout the apartment. Each Unit Consists of Energy Efficient Appliances (Stove, Microwave, Fridge and Dishwasher). Unfinished basement Is accessible from both units. Storage Units Located In The Basements That Are Available For Each Unit To Use. New central A/C units were installed in 2022 (Unit 1 - gas furnace) and 2023-2025 (Unit 2 - electric heat pump). Electrical panels are newer 100 AMPS each. New roofs installed in 2025. All units are lead free. Separately metered BGE per unit. Separately metered water per property
Investment highlights
Stabilized 9%+ Cap Rate. Renovated 8-unit multifamily portfolio in 21239 across four (4) duplex properties clustered within a block distance from each other.
- The portfolio is 50% occupied.
- Current rents range from $1,350 to $1,450.
- (8) 2 Bedroom, 1 Bathrooms.
- Units consist of a mixture of vinyl plank and hardwood floors throughout the apartment.
- Energy Efficient Appliances
CAPEX:
- All (4) roofs replaced in 2025.
- Furnace (2022) & heat pumps (2023 2025); Window A/C (6114 MB #2)
- 100 AMP panels per unit
- Baltimore City trash and recycling pick up included in property taxes.
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