18 W Franklin St - Office/Residential FOR SALE


Baltimore, MD 21201- Historic Baltimore
$955,000 USD
703-734-2822
18 W Franklin St, Baltimore, MD for Sale
$955,000 USD
Office/Residential - FOR SALE
1/73
null | 6.63% Cap Rate

18 W Franklin St
Baltimore, MD 21201
Historic Baltimore


HIGHLIGHTS

  • Strong Cash Flow: Produces stable, immediate rental income supported by a proven operating history
  • Below-Market Rents: Existing rents provide meaningful upside potential through future rent increases.
  • Comprises 5 residential units and 1 commercial space, all leased to long-term tenants.
  • Recent capital improvements include roof and gutter replacements in 2016.
  • Attractive 6.63% Cap Rate: Offers investors a compelling current return profile.

OVERVIEW

Fully Occupied Mixed-Unit Apartment Building | Strong Investment Opportunity K & M Commercial is pleased to exclusively offer this fully occupied mixed-unit apartment building, presenting an attractive opportunity for investors seeking stable, income-producing real estate. The property benefits from consistent occupancy, established cash flow, and a compelling 6.63% capitalization rate. Current rents remain below market, providing meaningful upside potential through future rent adjustments and improved revenue performance. With a proven income stream and additional value creation opportunities, this asset offers an appealing combination of stability, immediate cash flow, and long-term growth potential.

FOR SALE DETAILS

PRICE

$955,000 USD

PRICE/SF

$98 USD /SF

CAP RATE

6.63%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

C

YEAR BUILT

1820

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

4,060 SF

ZONING

C-5HT

APN/PARCEL ID

0551-003

ASK ABOUT THIS PROPERTY

Kayvan MehrbakhshK&M Commercial Real EstateMore Info
703-734-2822

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Kayvan MehrbakhshK&M Commercial Real EstateMore Info
703-734-2822

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.