1236 W PRATT STREET

BALTIMORE, MD 21223
Square Ft.
4,332
$699,900
Income-producing property generating $6,706/month with an 8% cap rate, and projected to reach 10.5%+ with value-add improvements. Located on a high-traffic corner at 1234 and 1236 W Pratt St, this 4,860 sq. ft. building is fully leased to two strong tenants: King Tire and Auto Shop (10-year lease at $4,700/monthRead MoreRead Less
Courtesy of Dimitrios Lynch, ExecuHome Realty [email protected]
Listing Snapshot
Days Online
672
Last Updated
Property Type
Retail
Square Ft.
4,332
Lot Size
0.12 Acres
Year Built
1920
MLS Number
MDBA2111524
30 Days Snapshot Of 21223
$122k
-10%
(avg) sold price
18
-18%
homes sold
55
+66%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
4,332 net sqft, 4,332 total building sqft, Built in 1920, 2 units in building, Brick
Cooling
Central Air, Electric, Central A/C
Expenses
Annual Gross Expense: $27,351, Operating Expense: $27,351, Water, Electric
Floors
Concrete
Heating
Natural Gas, 90% Forced Air
Income
Gross Income: $81,120, Gross Scheduled Income: $81,120, Net Operating Income: $53,769, Shop Rentals
Lot
5,140 sqft, 0.12 acres
Parking
Paved Parking, Private
Roof
Rubber, Flat
Sewer
Public Sewer
Taxes
City/Town Tax: $3,348, City/Town Tax Pymnt Freq: Annually, County Tax: $167, County Tax Pymnt Freq: Annually, Tax Annual Amount: $3,515, Tax Year: 2024
Utilities
Hot Water: Natural Gas
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Ryan Sebeck
Real Estate Broker, Owner
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