Facebook Linkedin Blog Youtube

100 N Washington St #210
Falls Church, VA 22046
Tel: 202-361-3050 | Fax: 202-747-5270
Email: info@nnndeals.com

225 READ ST W BALTIMORE, MARYLAND 21201
Listing # BA9899393:
Price: $495,000
Property Description
2 bldgs combined into 3-story mixed use residential/ commercial brick building with storefront.Huge 2nd & 3rd floor apartment renting for $1575/mo.1st floor was former bar/lounge currently will rent for $2500.Uses include restaurant,lounge, hair salon, grocery store. Beautifully renovated with Brazilian cherry floors, bay windows tin celling.3 1/2 baths,walk-in refrigerator.Owner financing.
Basic Features
Acres: 0.027548 City Name: BALTIMORE County Name: BALTIMORE CITY Schools: State: MARYLAND Advertised Subdivision: MOUNT VERNON
Type: Zip: 21201 Square Ft: Total Buildings: Total Floors: 4
Property Map
Additional Features
Annual Ground Rent: 72.0 Annual Net Operating Income: 38583.0 Annual Operating Expenses: 10317.0 Auction: No Basement: No Block/Square: 0509 Capitalized Value - Ground Rent: 1200.0 City Town Tax Frequency: Annually Clear Span Ceiling Height: 8' to 10' Cooling Fuel: Natural Gas Cooling System: Central Air Conditioning Farm: No Floor: Wood,Tile/Brick Foreclosure: No For Sale (No = For Rent): Yes Gross Monthly Rent: 4075.0 Heating Fuel: Natural Gas HOA: No Incorporated City: 10000784839 Incorporated City/Town: BALTIMORE CITY Investment: Yes Level Location: Floors 2-5 Max. Space Available: 4200 Minimum Space Available: 1800 New Construction: No Financing: Owner Financing,Conventional City/Town Tax: 8875 County Tax: 442 Days on Market: 32
Election District: 11 Annual Gross Operating Income: 48900 Gross Building SqFt : 4200 Leasable SqFt: 4200 Lot Size SqFt: 1200 Net Building SqFt: 4200 Price/SqFt: 118 Taxed Living Area SqFt: 3600 Taxes: 9317 Year Built: 1900 Parking: Street Possession: Settlement Short Sale: No Property Condition: Renov/Remod Property Status: Existing Property Type: Commercial Property Status: Active Rent Special Terms: 1st floor can rent for $2500- 7-yr lease. $24,000 incentive over first two years Sewer/Septic: Public Septic Tax Year: 2016 Tenancy: Lease terms Mixed Tax Payment Frequency: Annually Vacancy Rate: 33.0 Vacation Rental: No Value Range Pricing: No Water: Public Water Front: No Year Assessed: 2017 Open House: No Transaction Type: Standard
Commercial/Industrial Type
Retail Restaurant
Office Building C-Store
Request More Information
Listing courtesy of Maryland Commercial Ventures,LLC
2017 Metropolitan Regional Information Systems. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on Saturday, April 29th, 2017 01:47:12 PM.
Data services provided by IDX Broker


Triple Net Investment Group Is Hiring in 2016

(202) 361-3050



NNN Properties For 1031 Exchange Sign Up

I am:

FirstName:

LastName:

Email:

Please enter your name and your email address and we will email you nnn property listings.

We will not share your contact information.


Advertise Here:


Can't Find what you