5300-5302 East Drive represents a rare and unique opportunity to acquire a mixeduse property in Arbutus, a suburb of Baltimore. The subject property has seen manyrenovations within the last 3 years including a new roof, updated appliances, andupdated heating system. The subject property consists of 7 apartments and 3 storefrontretail spaces throughout 2 buildings. Unit mix of (3) 2 Br-1 Ba, (3) 1 Br-1 Ba, (1) Studioand (3) Street Level Retail. One of the apartment units also includes a large backyard.Many updates to kitchens and bathrooms throughout the units. On site parking (7spaces) with two garages. Updated electrical systems. 2 long term commercial tenants.Entry buzzer system with secure access to the property also in place. New siding. Firesafety alarm system throughout the property. Long term tenants at under market rentrepresent a value add opportunity. The Langert Commercial Group.
| MLS# | MDBC110098 |
|---|---|
| Style | Industrial |
| Sub-Type | Resale |
| Status | Active |
| Year | 0 |
| Days On Site | 21 |
| SQ Feet | 20,489 |
|---|---|
| Story(s) | 0 |
| Units | 2 |
| Zoning | BL |
Area Information | |
|---|---|
| State | MD |
| City | HALETHORPE |
| Zip Code | 21227 |
| Listing VS Median (in 21227) | |
Price: $930,000 low | high Med: $204,900 SqFt: 20,489 low | high Med: 1,090 $ / SqFt: $45 low | high Med: $189 On Site: 21 low | high Med: 21 | |
MLS Number: MDBC110098
