3912 W Northern Pkwy, Baltimore, MD 21215
Apartment complex of five buildings with 50 total units, on-site parking, and on-site laundry facilities.
Property Features for 3912 W Northern Pkwy
General Information
Additional Details
Amenities
Building Details
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Investment Insights
Based on property information with market context.
The complex is located near the intersection of W. Northern Parkway and Reisterstown Road. According to the owner, the property has a MEEHA grant intended to cover capital improvement items, with qualification tied to 20% of the units being at 80% AMI.
Recent improvements include HVAC replacements, plumbing upgrades, electric/break up upgrades, masonry improvements, landscaping, common area lighting, appliance replacements, and turnover improvements for vacant units. A diligence package is available in the document section, including a rent roll, lead certificate, MFD licenses, and the purchase and sale agreement with addenda.
Key Highlights
- Apartment complex of five buildings with 50 total units near the intersection of W. Northern Parkway and Reisterstown Road in Baltimore City’s “Glen” Community.
- 82% current occupancy with gross scheduled monthly rent of $47,071 and gross scheduled annual rent of $564,852.
- Gross potential rent at full occupancy: $66,800/month and $801,600/year (based on full occupancy).
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 21215, MD
Market
Vacancy Rate% for Multifamily in South region