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Fully Leased Apartment Building
For Sale
$765,000

2722 Lodge Farm Rd, Sparrows Point, MD 21219

Seven-unit apartment building with updated kitchens and bathrooms.

Property SizeContact for details
Lot Size0.19 Acres
Days on Market1251

Property Features for 2722 Lodge Farm Rd

General Information

Standard status Active
Lot size 0.19 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $3,201

Building Details

Year Built 1900
Listing Agency: EXECUHOME REALTY
Listed By: MILDRED E LLOYD · License #17180
Source: Corcoran
Added: Apr 4, 2023 Changed: Sep 4 Last Checked: Sep 4 at 8:12AM

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 EXECUHOME REALTY

Investment Insights

Based on property information with market context.

This is a fully leased seven-unit apartment building. The kitchens and bathrooms have been updated and modernized. The property has been maintained. Several recent updates include the electric panel and flooring treads for the stairway. Additionally, a 0.25-acre lot is available for sale, deeded separately.

Key Highlights

  • Fully leased 7‑unit apartment building offers immediate income stream.
  • Updated and modernized kitchens and bathrooms enhance tenant appeal.
  • Well‑maintained property suggests reduced future maintenance costs.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Parking Lot & Garage (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

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

Location Intelligence

Trade Area within ½ mile

144
Businesses Nearby

Demographics for 21219, MD

9,594
Population
4,093
Households
2.3
Avg Household Size
45
Median Age
26%
College-Educated
92%
High-School Grad
12.1 sq mi
ZIP Area
793
Density / Sq Mi
$118,500
Median Household Income
$60,417
Median Earnings
$1,336
Median Rent
$370,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Seven-unit apartment building with updated kitchens and bathrooms.
Where is this apartment building located?
The property is located at 2722 Lodge Farm Rd Sparrows Point, MD.
What is the asking price?
The asking price for this property is $765,000.
What are key features of this property?
This property features: Fully leased 7‑unit apartment building offers immediate income stream.; Updated and modernized kitchens and bathrooms enhance tenant appeal.; Well‑maintained property suggests reduced future maintenance costs.
More about this property
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