Address: 2620 E Northern Pkwy, Baltimore, MD 21214, USA
Created date: June 3, 2024
Date last updated: November 23, 2024
- -The property is strategically located in Northeast Baltimore with easy access to Morgan State University, John Hopkins University and major highways.
- -The property boasts spacious living with large floor plans, and residents can enjoy the outdoors with the majority of units featuring balconies.
- -Value add opportunity - ability to raise rents by 30%
- -73% of the unit mix is 2 Bedroom units
- -Selected units have vaulted Ceilings
- -All units have central AC
Property Description
This 15-unit multifamily property at 2620-2630 E Northern Pky, Baltimore, MD 21214 strategically positioned amidst major employers and universities, offering convenient access to key highways. With a compelling value-add potential, there's the prospect of increasing rents by an impressive 30%. Comprising 11 generously-sized 2-bedroom units and 4 thoughtfully designed 1-bedroom units, the property includes parking spaces and showcases spacious living with large floor plans. Residents can relish the outdoors on balconies featured in the majority of units. This property presents an enticing proposition for investors seeking both a strategic location and substantial rent growth potential.