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Kennedy Court Apartments Portefeuille de immeuble residentiel à vendre 2 biens 1 557 540 € Baltimore, MD

Certaines informations ont été traduites automatiquement.

INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT

  • Offered at just $69,231 per unit—$298,200 gross annual income.
  • Individually metered gas and electric – Reduces owner-paid utility expenses.
  • 26-unit garden-style portfolio – One-bedroom and studio apartments are easy to lease and turnover.
  • Practical, durable interiors – Support low operating and turnover costs.

RÉSUMÉ ANALYTIQUE

What’s Special About Kennedy Court?
With 26 garden-style units arranged around a shared courtyard, this apartment complex presents an efficient, easy-to-maintain investment with a strong foundation for cash flow. Individually metered gas and electric reduce owner-paid utilities, and practical, durable interiors help keep expenses low. Located in a dense Northeast Baltimore rental pocket, Kennedy Court appeals to tenants seeking affordable housing with access to transit and employment.
Just a short walk from Clifton Park, Kennedy Court residents enjoy access to five playgrounds, sports fields, tennis courts, a swimming pool, and the 18-hole Clifton Park Golf Course—all anchored by the historic Clifton Mansion. The neighborhood is home to City College High School and offers convenient access to both Johns Hopkins University and Morgan State University. Homestead Street connects directly to Harford Road, a major north-south corridor that runs south to the Inner Harbor and north into Baltimore and Harford Counties—offering tenants access to jobs, transit, and regional retail.
Apartment Interiors:
The 26 units at Kennedy Court Apartments feature practical, low maintenance finishes ideal for long-term rental use. Kitchens are equipped with wood cabinetry, laminate countertops, and gas ranges, with a mix of ceramic tile and laminate flooring. Several traditional galley kitchens have been opened up to create larger, shared living and dining areas. One long-term tenant retains a vintage kitchen with laminate cabinets and a porcelain sink top. Bathrooms are outfitted with cast iron tubs and ceramic tile surrounds, paired with either modern vanities or wall-mounted sinks. Living areas offer a combination of carpet and laminate flooring, with plaster walls and ceilings throughout. Some units also contain wood paneling over plaster.
Utilities:
Each apartment at Kennedy Court is individually metered for both gas and electric, with three additional public-service electric meters. At 1605 Homestead, thirteen apartments are served by gas-fired boilers with radiator distribution. Four units have individual gas-fired furnaces. At 2643 Kennedy, eight apartments use electric baseboard heat, and one apartment relies on space heaters. All units are served by individual gas-fired water heaters. Observable interior supply lines include a mix of PEX, steel, and C-PVC, while interior drain lines are a combination of steel and PVC. Two coin-operated laundry rooms are located on site and serviced by FMB. Independent trash removal is handled via a third-party service contract.
As a Lead-Free Limited property, Kennedy Court avoids the cost and paperwork of lead dust testing at turnover. This simplifies compliance, lowers expenses and reduces liability exposure for ownership.

PIÈCES JOINTES

KennedyCourt

INFORMATIONS SUR L’IMMEUBLE

Prix 1 557 540 €
Prix/m² 564,26 € / m²
Taux de capitalisation 9,37 %
Type de vente Investissement
Statut Actif
Nb de biens 2
Individuellement en vente 0
Surface totale de l’immeuble 2 760 m²
Surface totale du terrain 4,51 ha

Biens

NOM DU BIEN/ADRESSE TYPE DE BIEN SURFACE ANNÉE DE CONSTRUCTION PRIX INDIVIDUEL
Kennedy Court Apartments
2643 Kennedy Ave, Baltimore, MD 21218
Immeuble residentiel 1 831 m² 1920 -
1605 Homestead St, Baltimore, MD 21218 Immeuble residentiel 929 m² - -
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  • ID de l’annonce: 35954371

  • Date de mise sur le marché: 22/05/2025

  • Dernière mise à jour:

  • Adresse: Kennedy Court Apartments, Baltimore, MD

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