2519 Liberty Heights Ave, BALTIMORE

$690,000

0 Beds
0 Baths
3,500 Sqft
.15 Acres
0 Garages

Incredible opportunity to own this newly rehabbed and converted legally-zoned 5 unit multifamily property with R6 Zoning. Building features & amenities include: full building sprinkler system, gated paved and lined parking lot, abundant street parking, common area conference/business center, coin laundry, self-contained units, rear decks, and large walk-out lower level storage / common area. Approx 5,200 sf of income production potential. Unit descriptions: Unit 1: 2br 1ba main floor. Unit 2: 2br 1ba upper floor. Unit 3: 1br 1ba main floor. Unit 4: 1br 1 ba upper floor. Unit 5: 1 br 1ba Lower-level walk-out 900+ sf large enough to add a second bedroom. All units delivered vacant allowing new owner full control over income and tenant selection. The rehab and conversion of the building is brand new and current owner is working on final sign-off and U&O Certificate. Additional potential income upside over and above the base rent: Parking space rental, business center rental, coin laundry income, large lower-level common area rental, and storage locker rental. Large roofline allows an investor the potential to jump on the solar installation bandwagon and sell to the grid or to the tenants.

Conveniently located, occupants are a quick walk from the Mondawmin transit plaza, providing quick access to the city via metro subway and local buses. The Mondawmin Mall and The Village at Mondawmin Community center, a three-story complex with over 100 specialty stores and a large grocery store serves the immediate neighborhood. Liberty Road is lined with booming retail. Druid Hill Park, a 745-acre oasis and home to the Maryland Zoo and Rawlings Conservatory & Botanical Gardens, is just a 7-minute walk from the property. Straight shot to I-695 via liberty road, and a short commute to I-83 and Downtown Baltimore, giving tenants opportune access to major employment, transport, education, recreation, shopping, and medical. * Photos of Completely Update Basement Unit Coming Soon*

Essential Information
MLS® #MDBA2146160
Price$690,000
Bathrooms0.00
Square Footage3,500
Acres0.15
Year Built1930
TypeCommercial Sale
Sub-TypeFive Or More Units
StatusActive
Community Information
Address2519 Liberty Heights Ave
SubdivisionLIBERTY SQUARE
CityBALTIMORE
CountyBALTIMORE CITY-MD
StateMD
MunicipalityBaltimore City
Zip Code21215
Parking

Fenced, Paved Parking, Private, Unassigned

Interior
HeatingForced Air
CoolingCentral A/C
# of Stories3
Exterior
ExteriorHardiPlank, Brick and Siding
School Information
DistrictBALTIMORE CITY PUBLIC SCHOOLS
ElementaryGWYNNS FALLS
Additional Information
ZoningR-6
Listing Details
OfficeKeller Williams Gateway LLC
Office Contact(443) 318-8800
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Listing information last updated on December 30th, 2024 at 1:03pm EST.

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