2071 Druid Park Dr Baltimore, MD 21211
- Commercial real estate
- 2,430 SF
Current Use by Public Records
- Commercial real estate
Property Details for 2071 Druid Park Dr
- Year built
- 1910
- Property size
- 2,430 SF
- Property type
- Commercial real estate
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
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore
- State
- Maryland
- Longitude
- -76.647588771268
- Latitude
- 39.332216199254