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Top-Floor Residential Income Property
For Sale
$280,000
Pending

6943 CLEARWIND COURT Unit 6943C, Baltimore, MD 21209

Two-level condo layout includes a loft, vaulted living area, covered balcony, and in-unit laundry.

Property Size1,699 SF
Days on Market58

Property Features for 6943 CLEARWIND COURT Unit 6943C

General Information

Standard status Pending
Size 1,699 SF
Property subtype Penthouse Unit/Flat/Apartment

Units

Unit Mix 1 x 2BR/2BA
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $2,606

Amenities

outdoor pool
in-unit laundry
private covered balcony
wood-burning fireplace

Building Details

Building Size 1,699 SF
Year Built 1980
Listing Agency: Cummings & Co. Realtors
Listed By: Daniel W McDevitt · License #580769
Source: Thehulsmangroup
Added: Aug 15 Changed: Oct 11 Last Checked: Oct 11 at 11:32AM

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 Cummings & Co. Realtors

Investment Insights

Based on property information with market context.

This top-floor condo at 6943 Clearwind Court, Unit 6943C, provides approximately 1,699 finished square feet across a two-level layout. The main floor contains two bedrooms, two full bathrooms, the kitchen, laundry area, and living space with vaulted ceilings, a wood-burning fireplace, and access to a private covered balcony. An upper loft adds flexible interior space for an office, den, or sitting area. Kitchen improvements include white cabinetry, granite countertops, stainless steel appliances, and an island.

The unit is located in the Falls Garden community in Baltimore, with access to an outdoor pool. Its 1980 construction date and upper-level positioning are additional defining characteristics of the property.

Key Highlights

  • Approximately 1,699 finished square feet, including the upper‑level loft
  • Two bedrooms and two full bathrooms on the main level
  • Upper loft provides additional flexible living space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,135
Cap Rate
7.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$442,700 $442.7K
Cap Rate 7%
$316,214 $316.2K
Cap Rate 9%
$245,944 $245.9K
Market Conditions
NOI Build-Up for 1,699 SF
Gross rent
$42.8K $25.20/SF
− Vacancy
−$2.6K −$1.51/SF
EGI
$40.2K $23.69/SF
− OpEx
−$18.1K −$10.66/SF
NOI
$22.1K $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%
$442,700
Cap Rate 7%
$316,214
Cap Rate 9%
$245,944

Alternative Uses

Best Use
Apartment 5plus
$316.2K
$276.7K – $368.9K (±1% cap)
NOI $22,135 @ 7.0% cap · market cap 7.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$407.0K
$356.2K – $474.9K (±1% cap)
NOI $28,492 @ 7.0% cap · market cap 10.18%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Restaurant Nail Salon Hair Salon Food Market Parking Lot & Garage Pharmacy

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

Location Intelligence

Trade Area within ½ mile

257
Businesses Nearby

Demographics for 21209, MD

28,659
Population
12,086
Households
2.4
Avg Household Size
37
Median Age
60%
College-Educated
96%
High-School Grad
6.5 sq mi
ZIP Area
4,409
Density / Sq Mi
$87,669
Median Household Income
$57,694
Median Earnings
$1,640
Median Rent
$418,800
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Two-level condo layout includes a loft, vaulted living area, covered balcony, and in-unit laundry.
Where is this residential income property located?
The property is located at 6943 CLEARWIND COURT Unit 6943C Baltimore, MD.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Approximately 1,699 finished square feet, including the upper‑level loft; Two bedrooms and two full bathrooms on the main level; Upper loft provides additional flexible living space
More about this property
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