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Property Description

**Turnkey 8-Unit End-of-Group Multifamily in Baltimore City's Glen Neighborhood**

**Current Gross Scheduled Annual Income: $75,864**

Excellent opportunity to acquire a fully occupied brick apartment building comprised of eight residential units. The unit mix includes four studio apartments and four one-bedroom, one-bath units, offering a balanced layout for strong rental appeal. The property is zoned R-4 and currently licensed for six dwelling units, with approximately 2,480+- square feet of gross living space.

The building features a durable rubber roof on the main structure, with an asphalt shingle roof covering the hallway addition. Many of the windows have been updated to vinyl replacements. A gravel parking area at the rear provides convenient off-street parking for up to eight vehicles.

Heating is supplied by six Goodman gas furnaces serving the original units, along with a heat pump for the two newer apartments. Most units are equipped with window air-conditioning. Hot water is provided by six Rheem gas water heaters and one electric Rheem unit. Utility configuration includes seven electric meters and six gas meters. Plumbing lines consist of C-PVC supply lines and PVC drain lines. Trash and recycling services are included through Baltimore City.

Each apartment includes a full kitchen outfitted with a 30-inch gas range, refrigerator, stainless steel sink, and wood cabinetry, with a mix of laminate and granite countertops and select shaker-style cabinet upgrades. Bathrooms feature updated vanities and either shower stalls or cast-iron tubs. Flooring throughout the building is primarily luxury vinyl plank or tile, with ceramic tile in select kitchens and baths.

Three units offer in-unit stacked washer and dryer setups, and additional laundry hookups are available in the basement. Five units hold lead-free certifications, while the remaining three have full risk-reduction certificates in compliance with MDE requirements.

A solid income-producing asset with strong fundamentals and practical upgrades already in place.

Overview

Property Status
For Sale
Lot Size
0.34 Acres
MLS ID
MDBA2204776
Property Type
Commercial
Year Built
1940

Features & Amenities

Total Area
2,840 Sq.Ft.
Water Source
Public
Parking
Parking Lot
Heat Type
Natural Gas, Forced Air
Air Conditioning
Window Unit(s), Electric
Appliances
Gas Water Heater
Sewer
Public Sewer
School District
BALTIMORE CITY PUBLIC SCHOOLS
Sales Price
$474,950
Real Estate Tax
$5,474/yr
Zoning
R-4

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4008 PRIMROSE AVENUE

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4008 PRIMROSE AVENUE
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    License #666548

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