Ron Hoff - Commercial Real Estate Showcase

Ron Hoff Property Listings
RGH Enterprises, Inc.
208 S Pulaski St
Baltimore, MD 21223-2999
(410) 576-0958 x106
(443) 315-0057

218 S Augusta Avenue

Baltimore, MD 21229 - Irvington MF Submarket

Property Type:Multi-Family Number of Units:11 Status:Existing Year Built:1920
Stories:3 Building Size:4,000 SF Land Area:.18 AC (7,697 SF)
For Sale Price:$139,995 Price/Unit:$12,726.82 Cap Rate:12.00 % GRM:-


Sale Notes:
A cash flow property and well maintained rooming unit. $300-&400 rent per room, with 11 rooms. With off street and on street parking.

100% occupied.

Large house with one 3 bedroom apartment that has separate entrance, kitchen and bathroom. Rest of house has 8 bedrooms with one shared kitchen and two shared bathroom. One of the bedrooms has a private 1/2 bath in it. Rooming House for men only. Private room with shared kitchen and bathroom. All utilities are included in rent (heat, water, electric, A/C, basic cable TV and wireless Internet) $400 per month with $400 security deposit.

Neighborhood is Irvington

Proforma Net Operating Income: $14,000

RGH Enterprises, Inc.
Ron Hoff
(410) 576-0958 x106

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