3200 Elgin Avenue

Baltimore, MD 21216

Fully renovated building with 3 completely renovated separately metered apartments each having 2 bedrooms and 1 full bath, kitchen, living, dining area, and laundry. All three units are rented until July 2024.Live in one unit and rent the other two. Annual Income 48,600, approx NOI 41,310, approx cap rate. 6.9%. Low maintenance easily managed, great long-term investment as market rents can be increased. Property Zone Transitional Residential Zoning District. Accommodates both detached and semi-detached dwellings, rowhouse developments, and limited low-rise multi-family garden apartment developments. Limited nonresidential uses.