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This property is still for sale but we are unable to show the 2nd floor apartment while the current tenants are in the process of moving out. After they move, the apartment will be freshened and made ready for the next tenant. The salon is vacant and can be shown.
Many possibilities for a smart buyer. Perfect for live where you work. It would also serve well as an investment property with a cap rate of about 9%. A buyer could use the business space and continue to rent the apartment or visa versa.
The apartment was renovated a few years ago. It features white kitchen cabinets with stainless steel appliances and an updated bath. The apartment has the right blend of updates and original charm and detail. It also has a deck. There are hardwood floors throughout, it is currently rented below market at $750 per month. The tenant pays heat and electric.
A salon user just vacated the first and lower levels. All existing equipment conveys. This space was rented for $950. The tenant paid the electric and heat. The fenced back yard can provide parking, but parking is very easy on the street.
The location is great. It's convenient to I-95, 695 and downtown Balto. It has a view of the East Balto skyline. It is very walkable. Shopping is close by. A wonderful park is about a block is nearby. This block is very attractive and well maintained.
This is a rare find at a great price.
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Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 10th June, 2023 1:53 PM (UTC)