2519 LIBERTY HEIGHTS AVE Active Save Request In-Person Tour Request Virtual Tour
Baltimore,MD 21215
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,180 sqft
Price per Sqft $133
Subdivision Liberty Square
MLS Listing ID MDBA2146160
Originating Board BRIGHT
Year Built 1930
Annual Tax Amount $5,006
Tax Year 2024
Lot Size 6,750 Sqft
Acres 0.15
Property Description
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*
Location
State MD
County Baltimore City
Zoning R-6
Interior
Hot Water Natural Gas,Electric
Heating Forced Air
Cooling Central A/C
Flooring Wood
Heat Source Natural Gas,Electric
Exterior
Garage Spaces 5.0
Water Access N
Accessibility None
Total Parking Spaces 5
Garage N
Building
Sewer Private Sewer
Water Public
New Construction N
Schools
Elementary Schools Gwynns Falls
School District Baltimore City Public Schools
Others
Tax ID 0315193263 017
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash,Private,Conventional
Listing Terms Cash,Private,Conventional
Financing Cash,Private,Conventional
Special Listing Condition Standard