333-335 S Fremont Ave - The Sail Cloth Factory Apartments
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333-335 S Fremont Ave - The Sail Cloth Factory Apartments
Multifamily Building
ABOUT 333-335 S Fremont Ave , Baltimore, MD 21230
Price | Not Individually For Sale | Building Class | C |
Property Type | Multifamily | Lot Size | 0.09 AC |
Property Subtype | Apartment |
Price | Not Individually For Sale |
Property Type | Multifamily |
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)
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)
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