Fully Occupied Mixed Unit Apt. Building

18 W Franklin St, Baltimore, MD 21201

Accepting Offers

Asking Price

$955,000

Fully Occupied Mixed Unit Apt. Building

18 W Franklin St, Baltimore, MD 21201

Details

Asset Type: Real Estate

Estate: Leasehold

Year Built: 1820

Land Area: 0.1 Acres

Number of Units: 1

Property Type: Multifamily

Occupancy %: 100

Year Renovated: 2016

Number of Floors: 4

Property Size: 9,466 SF

Investment Highlights

Fully Occupied: Mixed-unit apartment building with consistent occupancy and an established income stream.
Strong Cash Flow: Produces stable, immediate rental income supported by a proven operating history.
Attractive 6.63% Cap Rate: Offers investors a compelling current return profile.
Below-Market Rents: Existing rents provide meaningful upside potential through future rent increases.
Long-Term Growth Potential: Combines immediate cash flow and stability with opportunities to enhance revenue and overall property value.

Fully Occupied Mixed Unit Apt. Building

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.

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