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435 Nicoll Avenue
Sold

435 Nicoll Avenue

435 Nicoll Avenue, Baltimore, MD 21212

$2,000,000
This prime investment opportunity features a portfolio of 12 individual residential townhomes located just minutes from Towson University, with an income potential of $316,000 annually. Currently, 8 of the 12 units are leased, generating immediate rental income, while the remaining units provide an excellent opportunity for growth in a high-demand area. The properties include a mix of garage and traditional townhomes, appealing to both students and professionals, and the monthly condo fee is $320 per unit. Although these are individual residential townhomes, they are listed under commercial due to Bright MLS restrictions, which limit multi-family listings to 4 units or fewer. Don't miss out on this unique opportunity to expand your investment portfolio!

14,400 Sq.Ft. LIVING AREA

Kris Ghimire

Kris Ghimire

Features & Amenities

Interior

  • Flooring Carpet, Laminate
  • APPLIANCES Electric Water Heater

Area & Lot

  • Status Sold
  • Living Area14,400 Sq.Ft.
  • MLS® IDMDBA2142644
  • TypeCommercial
  • YEAR BUILT1990

Exterior

  • water SourcePublic
  • utilitiesCable Available
  • roofAsphalt
  • lot featuresCorner Lot
  • HEAT TYPEForced Air, Electric
  • AIR CONDITIONINGCentral Air
  • sewerPublic Sewer

Financial

  • Sales Price$2,000,000
  • Real Estate Tax $49,392/yr
  • Zoning General Residence

Work With Us

With nearly two decades of experience, Ghimire Homes provides the expertise and dedication to guide you through every step of your real estate journey. Contact the team today to get started!

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