2071 Druid Park DrBaltimore, MD 21211

Property Details for 2071 Druid Park Dr

Year built

1910

Property size (Sq ft)

2,430 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

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

Location Insight

City

Baltimore

County

Baltimore

State

Maryland

Latitude

39.3322

Longitude

-76.6476

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