This listing was posted on Americanlisted.
$539,000
700 Charing Cross Rd, Baltimore, MD 21229
Price:
$539,000
BR/BA:
1 BR, 1 BA
Location:
700 charing cross rd, Baltimore, MD
Description:
This is a very well-maintained and updated corner lot building! It has lots of charm and lots of natural light! It is zoned commercial and consists of 3 separate units: lower level has office space which is currently leased as a salon with full bath and (2) 2-bedroom one bath apartments on the main and second level which are currently AirBnbs. Total 2023 gross income $90,432.00. Total 2022 gross income $76,515.00 which includes salon lease rent and two Airbnb's. Total 2022 expenses include Airbnb host fee, property tax, insurance, heating oil for all units, electric for two Airbnb units, water, and lawn service. Expenses 2022 total $12,514.96 for a NOI of $64,000.04 in 2022. Salon lease runs through March 31, 2025, for $1586.00. monthly. Current property manager is member of LLC and is willing to stay on to serve new buyer. Leases and current salon lease can be provided. Appraised for 569k in spring 2023 based on 2022 financial numbers. Will appraise for significantly more when 2023 numbers are factored in.
Property Type:
Single-Family Houses
Posted:
March 7 on Americanlisted
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More About this Listing: 700 Charing Cross Rd, Baltimore, MD 21229
700 Charing Cross Rd, Baltimore, MD 21229 is a One Bedroom One Bath Single-Family Homes for Sale at 700 Charing Cross Rd in Baltimore MD. Find other listings like 700 Charing Cross Rd, Baltimore, MD 21229 and listings near 700 Charing Cross Rd by searching Oodle Classifieds for One Bedroom One Bath Single-Family Homes for Sale in Baltimore MD.
700 Charing Cross Rd, Baltimore, MD 21229 is a One Bedroom One Bath Single-Family Homes for Sale at 700 Charing Cross Rd in Baltimore MD. Find other listings like 700 Charing Cross Rd, Baltimore, MD 21229 and listings near 700 Charing Cross Rd by searching Oodle Classifieds for One Bedroom One Bath Single-Family Homes for Sale in Baltimore MD.