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About the Listing EXXP17 - 3217164
**Turnkey 8-Unit End-of-Group Multifamily in Baltimore City’s Glen Neighborhood** **Current Gross Scheduled Annual Income: $84,588** 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. Private dumpster rental is used and costs around $250/month from NWE. 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. Each unit includes an in-unit stacked washer and dryer, with the exception of Units B3 and 1B, which share a common washer and dryer. 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.
Listing Highlights
Status
Active With Contingency
Days on Site
22
Property Type
Commercial Sale
MLS ®
MDBA2204776
Year Built
1940
Total Square Footage
2,840
Lot/Acreage
0.34
County
Baltimore City
School District
Baltimore City Public Schools
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Parking Spaces: 8
- Zoning: R-4
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $5,474
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
4008 Primrose Ave Baltimore, MD 21215
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