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One-Bedroom Residential Income Property
For Sale
$185,900

111D CROSS KEYS ROAD Unit 111D, Baltimore, MD 21210

Condominium residence with renovated kitchen and bath, private balcony, and deeded covered parking.

Property Size821 SF
Days on Market28

Property Features for 111D CROSS KEYS ROAD Unit 111D

General Information

Standard status Active
Size 821 SF
Total Parking Spaces 1
Property subtype Unit/Flat/Apartment

Additional Details

Highway Access Yes
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $1,525

Amenities

private balcony
laundry
swimming pools
tennis courts
scenic walking trails

Building Details

Building Size 821 SF
Year Built 1968
Listing Agency: Coldwell Banker Realty
Listed By: Betti Robinette · License #29958
Source: Thehulsmangroup
Added: Sep 9 Changed: Oct 6 Last Checked: Oct 5 at 11:47PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This one-bedroom condominium, built in 1968, combines several updated interior features with practical resident amenities. The kitchen and bathroom have been updated, while wood flooring, a private balcony, and tree views add to the unit’s physical appeal. A deeded covered parking space is positioned directly below the residence. Laundry facilities and additional storage are located on the lower level.

The property is part of the Village of Cross Keys in Baltimore, with nearby retail shops, restaurants, cafes, a bank, and a hotel. Community amenities include swimming pools, tennis courts, and walking trails. The location is just off I-83 and minutes from the harbor.

Key Highlights

  • One‑bedroom condominium in the Village of Cross Keys
  • Updated kitchen and bathroom with wood flooring
  • Private balcony with tree views

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,696
Cap Rate
5.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$213,920 $213.9K
Cap Rate 7%
$152,800 $152.8K
Cap Rate 9%
$118,844 $118.8K
Market Conditions
NOI Build-Up for 821 SF
Gross rent
$20.7K $25.20/SF
− Vacancy
−$1.2K −$1.51/SF
EGI
$19.4K $23.69/SF
− OpEx
−$8.8K −$10.66/SF
NOI
$10.7K $13.03/SF
Area
Baltimore, MD
Vacancy
6.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$213,920
Cap Rate 7%
$152,800
Cap Rate 9%
$118,844

Alternative Uses

Best Use
Apartment 5plus
$152.8K
$133.7K – $178.3K (±1% cap)
NOI $10,696 @ 7.0% cap · market cap 5.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$196.7K
$172.1K – $229.5K (±1% cap)
NOI $13,768 @ 7.0% cap · market cap 7.41%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Building Supply Kitchen & Bath Showroom Electrical Service HVAC Service Auto Parts Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

865
Businesses Nearby

Demographics for 21210, MD

14,441
Population
5,416
Households
2.7
Avg Household Size
32
Median Age
83%
College-Educated
98%
High-School Grad
3.4 sq mi
ZIP Area
4,247
Density / Sq Mi
$108,929
Median Household Income
$43,474
Median Earnings
$1,498
Median Rent
$521,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Condominium residence with renovated kitchen and bath, private balcony, and deeded covered parking.
Where is this residential income property located?
The property is located at 111D CROSS KEYS ROAD Unit 111D Baltimore, MD.
What is the asking price?
The asking price for this property is $185,900.
What are key features of this property?
This property features: One‑bedroom condominium in the Village of Cross Keys; Updated kitchen and bathroom with wood flooring; Private balcony with tree views
More about this property
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