4008 Primrose Ave
$474,950
4008 Primrose Ave, Baltimore, MD 21215
2,840 sqft
Building Size
1940
Year Built
Details:
Highlights:
- Days on Market: 15
- Heating: Forced Air
Description:
**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.
Location
Gallery