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/BALTIMORE WHOLESALE PORTFOLIO-9 RESIDENTIAL PROPERTIES & 1 COMMERCIAL

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available oct 6

house

BALTIMORE WHOLESALE PORTFOLIO-9 RESIDENTIAL & 1 COMMERCIAL PROPERTY

THIS PARTICULAR PORTFOLIO CONSISTS OF AN ARRAY OF RESIDENTIAL RENTAL INCOME PRODUCING PROPERTIES AND ONE (1) 4500 SQ. FT. RESIDENTIAL BUILDING ZONED FOR COMMERCIAL USE AS AN 8 BED ASSISTED LIVING FACILITY NEAR LAKE MONTEBELLO. LICENSE READY WITH HUGE INCOME POTENTIAL.


1. 2405 McElderry St, 21205:
3 bedrooms, 1 1/2 baths w/ ceramic kitchen and bath upgrades done approx. 8 yrs. ago,
carpet throughout, semi-finished basement, new roof and central air conditioning recently
installed with warranties. Has stove, refrigerator, washer and dryer.
Income-$1,000 monthly- currently occupied

2. 503 N. Collington Ave, 21205.:
3 bedrooms, 2 full baths w/ ceramic kitchen and bath upgrades done approx. 8 yrs ago,
carpet throughout, unfinished basement, central air conditioning. Has stove, refrigerator,
washer and dryer.
Income-$1100 monthly-currently occupied.

501 N. Collington Ave, 21205:
Adjacent lot approved for new row house construction

3. 1533 N. Eden Street, 21213:
3 bedrooms, 1 1/2 baths, carpet throughout, unfinished basement. Has stove,
refrigerator, washer and dryer.
Income-$1,000 monthly, vacant now due to recent eviction. Minor restorations needed for
re-rental. This unit is a perfect fix and flip.

4. 1735 N. Broadway, 21213:
3 story multi-family apartment building with hardwood floors, ceramic kitchen and bath
upgrades approx. 8 yrs ago. Has 3 one (1) bedroom apartments units. Each unit has
stove, refrigerator and washer and dryer.
Total Income: $2400 monthly, 2 units occupied and top unit now vacant needing approx.
$10K-$15K for rehab completion.

5. 2239 Aisquith St., 21218:
3 bedrooms, 1 1/2 baths, unfinished basement, front porch, fenced rear yard. Has
stove, refrigerator, washer and dryer
Income-$1,100 monthly, currently occupied.

6. 508 Baltic Ave., 21225:
3 bedrooms, 2 baths, unfinished basement, rear deck, fenced rear yard. Has stove,
refrigerator, washer and dryer.
Income-$950 monthly, currently occupied.

7. 903 N. Patterson Park Ave., 21205:
3 bedrooms, 2 full baths w/ ceramic kitchen and bath, total rehab approx. 8 yrs ago,
hardwood floors throughout, unfinished basement, central air conditioning. Has stove,
refrigerator, washer and dryer.
Income-$1300 monthly-currently occupied


8. 2207 E. Preston St., 21213:
3 bedrooms, 2 ½ baths w/ ceramic kitchen and bath, total rehab approx. 8 yrs ago,
hardwood floors throughout, finished basement, central air conditioning. Has stove,
refrigerator, washer and dryer.
Income-$1100 monthly-currently occupied

9. 1103 N. Kenwood Ave., 21213:
3 bedrooms, 1 ½ baths w/ ceramic kitchen and bath, total rehab approx. 8 yrs ago,
hardwood floors throughout, unfinished basement, central air conditioning. Has stove,
refrigerator, washer and dryer.
Income-$1250 monthly-currently occupied

10. 1520 E. 33rd St., 21218:
Commercial Use Building-Lake Montebello Assisted Living is a high quality boutique style
facility located in a 4,500 sq. ft. single family residence w/ a two (2) car detached garage
on a 12,000 sq. ft. lot near Hopkins University and Lake Montebello in Northeast
Baltimore. The building is a newly renovated eight (8) bed assisted living facility modified
for commercial use with all handicap accessories in 4 ½ baths, exterior concrete wheel
chair ramp and all fire code requirements passed. Once furniture and fixtures are brought
in, the facility is ready for the Maryland Department of Health final site visit prior to license
issuance. License is transferrable to new buyer while he or she is operating. Director and
staff onboard awaiting a grand opening. If new buyer prefers not to manage hands on,
Business Management of day-to-day operations is available for 10% of monthly
collections.
Income Potential- $50,000 monthly

Separate Unit Prices:


1. 2405 McElderry St. - $75,000

2. 503 N. Collington and 501 N. Collington Ave. - $143,000

3. 1533 N. Eden St. - $50,000

4. 1735 N. Broadway - $95,000

5. 2239 Aisquith St. - $45,000

6. 508 N. Baltic Ave. - $65,000

7. 903 N. Patterson Park Ave. – $95,000

8. 2207 E. Preston St. – $80,000

9. 1103 N. Kenwood Ave. – $80,000

10. 1520 E. 33rd St. - $620,000


This entire portfolio of properties can be purchased for $1,348,000 or any property may be purchased at its separate unit price plus 2%.



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