804 N Franklintown Rd - Apartments FOR SALE


Baltimore, MD 21216- Franklintown Road
$325,000 USD
410-206-3522
804 N Franklintown Rd, Baltimore, MD for Sale
$325,000 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate

804 N Franklintown Rd
Baltimore, MD 21216
Franklintown Road


HIGHLIGHTS

  • 804 N Franklintown Road presents a prime multifamily, single-family, or special purpose redevelopment opportunity.
  • US-40 (Edmondson Avenue/W. Franklin Street) is located two blocks south, and the West Baltimore MARC train station is about one mile east along US-40.
  • The 0.758-acre parcel is zoned R-8 Residential - vacant, formerly approved warehouse.
  • The site consists of adjoining structures of one, two and three stories constructed in 1940, (per public tax records).

OVERVIEW

804 N. Franklintown Road presents an industrial building on 0.758 acres in West Baltimore, near Hilton Parkway, the West Baltimore MARC train station, Gwynns Falls – Leakin Park and about 2.5 miles north of Interstate 95. The site has frontage on two streets, multiple curb cuts, and great access to several of Baltimore’s most significant commuter routes. The sale presents an opportunity to purchase a large asset and renovate or fully redevelop for a variety of potential uses. The property is located in the Franklintown Road Neighborhood in West Baltimore. Gwynns Falls – Leakin Park binds the west side of the neighborhood. Penrose is to the south, Winchester to the north, and Mosher to the East. US-40 (Edmondson Avenue/W. Franklin Street) is located two blocks south, and the West Baltimore MARC train station is about one mile east along US-40. Hilton Parkway is one-half mile west, providing excellent access north and south. Surrounding properties are a mix of religious, residential, commercial, and senior living uses.

FOR SALE DETAILS

PRICE

$325,000 USD

PRICE/SF

$3 USD /SF

# OF UNITS

42

PRICE/UNIT

$7,738

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

R-8

APN/PARCEL ID

2481-003

ASK ABOUT THIS PROPERTY

Charles BilligA.J. Billig & Co. AuctioneersMore Info
410-206-3522

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Charles BilligA.J. Billig & Co. AuctioneersMore Info
410-206-3522

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.