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300 West Chesapeake Avenue

TOWSON, MD 21204
  • $800,000
  • STATUS: Active
  • ON SITE: 116 Days
  • ID#: MDBC2005706
UPDATED: 27 min ago
$800,000
  • 0
    BEDS
  • 0.27
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1883
County:

School Ratings & Info

Description

Cummings & Co. Commercial is pleased to present 300 West Chesapeake Avenue, an opportunity to acquire 5 units and 26 parking spaces in the heart of Towson, Baltimore County. 300 West Chesapeake Avenue is located directly across the street from the Towson Courthouse. Residents of 300 West Chesapeake are just steps away from fine eateries, movies, the Farmers' Market, Towson Place as well as the proposed Whole Foods that is planned for central Towson. Three 1-bedroom, one bath units are leased with flexible termination terms. The property has some deferred maintenance. All apartments will need complete renovation to realize current market value. A new owner can achieve higher rents on the units based on the exceptional location of this property. The opportunity also exists for a new owner to renovate the units at 300 West Chesapeake with a suggested scope of updated appliances, resurfaced countertops, new cabinets and updated bathrooms. Additional value-add opportunities include evaluating the potential to add in-unit washer/dryers, amenity upgrades such as refreshing common areas and leasing the current 26 parking spaces. Current zoning allows the new owner to redevelop as office space and/owner owner/user possibility.

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Jennifer Mack Properties | Pearson Smith Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-11-27T12:50:42.86.
www.jennifermackproperties.com/homes/119964629
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300 West Chesapeake Avenue TOWSON, MD 21204

  • Price: $800,000
  • Status: Active
  • On Site: 116 Days
  • Updated: 27 min ago
  • ID#: MDBC2005706
0
Beds
0
Baths
0
½ Baths
0.27
Acres
1883
Built
County:
Baltimore
School District:
Baltimore County Public Schools
Property Description
Cummings & Co. Commercial is pleased to present 300 West Chesapeake Avenue, an opportunity to acquire 5 units and 26 parking spaces in the heart of Towson, Baltimore County. 300 West Chesapeake Avenue is located directly across the street from the Towson Courthouse. Residents of 300 West Chesapeake are just steps away from fine eateries, movies, the Farmers' Market, Towson Place as well as the proposed Whole Foods that is planned for central Towson. Three 1-bedroom, one bath units are leased with flexible termination terms. The property has some deferred maintenance. All apartments will need complete renovation to realize current market value. A new owner can achieve higher rents on the units based on the exceptional location of this property. The opportunity also exists for a new owner to renovate the units at 300 West Chesapeake with a suggested scope of updated appliances, resurfaced countertops, new cabinets and updated bathrooms. Additional value-add opportunities include evaluating the potential to add in-unit washer/dryers, amenity upgrades such as refreshing common areas and leasing the current 26 parking spaces. Current zoning allows the new owner to redevelop as office space and/owner owner/user possibility.
Exterior Features

Construction Materials Other Garage YN No Parking Types Parking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3093.00 Cooling Window Unit(S) Heating Other Heating YN Yes Net Square Feet 3093.00

Property Features

Accessibility Features None Association YN No Business Type Apartment BuildingOther Central Air YN No Cooling Fuel None Heating Fuel Natural Gas Hot Water Natural Gas Navigable Water YN N New Construction YN No Original MLSNumber 800901979458 Ownership Interest Fee Simple Possession 61-90 Days Cd Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 9051.00 Tax Assessment Amount 583600.00 Vacation Rental YN No Water Source Public Zoning Or

Listing courtesy of Cummings & Co Realtors.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Jennifer Mack Properties | Pearson Smith Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-11-27T12:50:42.86.
 
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