1206 S CAREY ST Active Save Request In-Person Tour Request Virtual Tour
Baltimore,MD 21230
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $130
MLS Listing ID MDBA2145750
Year Built 1970
Annual Tax Amount $907
Tax Year 2024
Lot Size 2,047 Sqft
Property Description
CURRENT Small Storage Facility: 2 Tax Records for this Residential Zoned property currently used as Storage Business with Garage Style Facility in ideal DownTown Baltimore location. Address is what is used to pay electric, tax records don't actually have a formal address. STORAGE UNITS consist of 10 units; 2 larger units & 8 smaller garage style units. Property has electric and water !!
Yearly gross revenue is $27,900 with about 25% vacancy and $4,800 in yearly expenses. Yearly NOI is $23,100 with Cap Rate projected at 9.4% IDEAL Investment Property within demand city life storage needs. Dependent on terms, the Seller will consider holding financing !!!
Location
State MD
County Baltimore City
Zoning R-8
Interior
Hot Water None
Heating None
Cooling None
Exterior
Garage Spaces 1.0
Waterfront N
Water Access N
Building
Sewer Public Hook/Up Avail
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Special Listing Condition Standard