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333-335 S Fremont Ave - The Sail Cloth Factory Apartments

Residential Building

ABOUT 333-335 S Fremont Ave , Baltimore, MD 21230

Price Not Individually For Sale Building Class C
Property Type Residential Lot Size 0.09 AC
Property Subtype Apartment
Price Not Individually For Sale
Property Type Residential
Property Subtype Apartment
Building Class C
Lot Size 0.09 AC

Executive Summary

The property comprises two adjoining 3-Story Apartment Buildings that were recently renovated. They contain 7 Two-Bedroom and 2 One-Bedroom Units. Each unit has separate heating & air conditioning systems, electric meters and hot water heaters.
9 Unit Apartment Building Located in the shadows of Camden Yards, the University of Maryland's downtown campus and all of downtown's prime amenities.
Many tenants have corporate leases and are Doctors or in Medical School
Tenants Pay all Utilities
Limited Lead Free Certificate for the Entire Complex
Low Maintenance Exterior
Potential Annual Gross Income Approx. $140,000 Based on Full Occupancy (9 Units).
Currently Monthly Revenue with one vacant unit is $9,295 (Annualized $111,540), fair economic rent for one vacant unit is $1,300/month
Other Scheduled Monthly Revenue from Parking Fees and Furniture Rental is $1,095 (Annualized $13,140)

  • Listing ID: 6317982

  • Address: 333-335 S Fremont Ave, Baltimore, MD 21230

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