308 Long Island Avenue
Baltimore, MD 21229

Great 6 Unit All Brick Apartment Building. Very Spacious Units. Four Units are 2 bedroom and 2 baths. One unit is 1 bedroom and Den with 1.5 baths and One unit is a 1 bedroom and 1 bath. Each Unit has a Balcony or Patio. Each unit has their own storage bin. Units are approximately 1100 Sq. feet. Building has Laundry Room, Very Large Parking Lot, Private Garage and extra lot of land. Units are separately metered, tenants pay their own gas and electric. Landlord pays water. Long term tenants in place, rarely a vacancy. Recent updates include 4 new HVAC systems and updated Electric Panel. Current rents below market but still good. Rents average over 60k annually with a Cap Rate of approximately 7%. Long time owner, easy building to manage. Great Tenants.