Situated at 499 Beaumont Ave, Baltimore, MD 21212, this property benefits from its proximity to several notable institutions such as Johns Hopkins University, Loyola University, Towson University, and Morgan State University. Its location, within walking distance of Loyola University, enhances its appeal to prospective tenants, ensuring a steady rental demand.
This attractive investment opportunity features a corner lot with 25 tenant parking spaces and a bus stop nearby, offering convenient commuting options for residents. Recently renovated, the property comprises 15 units, each equipped with 2 bedrooms and in-unit washer/dryers, along with three commercial spaces currently leased as doctor's offices. With the potential to increase rental income by 50%, this property presents a lucrative investment prospect for real estate investors seeking stable returns and sustained growth.