For Sale
$550,000

2071 Druid Park DrBaltimore, MD 21211

3-unit apartment building, high NOI.

Overview

Added:
Dec 11, 2024
Days on market:
116
This meticulously maintained three-unit apartment building in Baltimore's desirable Woodberry neighborhood presents a compelling investment opportunity. Boasting a 100% occupancy rate and a strong NOI of $46,406, this stabilized Class A property offers a compelling 8.44% cap rate. The building, constructed in 1910 and featuring three stories, comprises 2,430 square feet on a 4,600 square foot lot. The three units are individually metered for efficient utility management, enhancing cash flow potential. Unit configurations include one two-bedroom, 1.5-bath

Highlights

  • Rarely available, turn-key Woodberry triplex, 2.5 blocks from Druid Hill Park.
  • Well-maintained, thoughtfully designed with ample off-street parking.
  • Self-contained apartments with individual meters.
  • Proximity to Jones Falls Trail, athletic fields, picnic pavilions, and disc golf in Druid Hill Park.

Property Details for 2071 Druid Park Dr

Property type
Apartment buildings
Square Feet
2,430 SF
Class
A
Year Built
1910
Buildings
1
Stories
3
Units
3

Location Insight

City
Baltimore
County
Baltimore City
State
Maryland
Latitude
39.332216199254
Longitude
-76.647588771268
2071 Druid Park Dr, Baltimore, Maryland

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2071 Druid Park Dr
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