2126 Maryland Avenue

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2126 Maryland Avenue

Baltimore, MD 21218
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Multifamily | 29 Units <p><strong style="color: rgba(33, 37, 41, 1)">Entitled, Permit-Ready Redevelopment — Entitlement Risk Eliminated</strong></p><p><span style="color: rgba(33, 37, 41, 1)">2126 Maryland Avenue presents a de-risked repositioning opportunity in one of Baltimore's most active urban corridors. Current ownership obtained BMZA approval for a variance permitting 29 residential dwelling units, ~38% above the 21 units permitted by right under the C-1 District's 300 SF minimum lot area requirement. All propo

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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