1206 S Carey St
$225,000
1206 S Carey St, Baltimore, Md 21230
For Sale
Commercial
Active
Last Updated: 02/08/2025
1,800 sqft
Building Size
1970
Year Built
Details:
Building Size: 1,800 sqft
Year Built: 1970
Price Per Sqft: $125
Zoning: R-8
Highlights:
- Days on Market: 97
Description:
CURRENT Small Storage Facility: 2 Tax Records for this Residential Zoned property currently used as Storage Business with Garage Style Facility in ideal DownTown Baltimore location. Address is what is used to pay electric, tax records don't actually have a formal address. STORAGE UNITS consist of 10 units; 2 larger units & 8 smaller garage style units. Property has electric and water !!
Yearly gross revenue is $27,900 with about 25% vacancy and $4,800 in yearly expenses. Yearly NOI is $23,100 with Cap Rate projected at 9.4% IDEAL Investment Property within demand city life storage needs. Dependent on terms, the Seller will consider holding financing !!!
Location
Gallery
