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503 Radnor Ave
Baltimore, MD 21212 Richnor Springs

$445,000 USD

Apartments For Sale • 5,040 SF

Property Details

Property Type Apartments
Total Building Size 5,040 SF
Lot Size 0.22 AC
Building Class C
Year Built 1920
Cap Rate 9.02 %
Zoning R-6

56 Transit Score

82 Walk Score

                
                    Highlights
                
                                Long-term tenant retention, ensuring consistent cash flow.
                            
                                Licensed for 6 dwelling units, with the opportunity to convert the basement into a livable 6th unit for added rental income (value add).
                            
                                Opportunity to organically increase below-market rents.

Property Flyers

Radnor503

Cap Rate:

9.02 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
Penn Station (Penn Line - Maryland Area Regional Commuter Trains (The MARC), Penn Station & Camden Yards - Maryland Area Regional Commuter Trains (The MARC))	10 min	-	3.5 mi
West Baltimore (Penn Line - Maryland Area Regional Commuter Trains (The MARC))	17 min	-	6.4 mi
Airport	Drive	Walk	Distance
Baltimore/Washington International Thurgood Marshall	31 min	-	15.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	7
Type:	Surface
Included in Rent:	Yes

Tom Fair 410-235-9500 Ben Frederick Realty, Inc.

503 Radnor Ave Baltimore, MD 21212 Richnor Springs