Property Description

INVESTOR OPPORTUNITY! Large 10-unit multifamily building offering an excellent opportunity for an investor, developer, or owner-operator looking to take on a substantial renovation project. The property features a desirable unit mix of 8 one-bedroom apartments and 2 two-bedroom apartments, providing flexibility for a variety of rental strategies once fully renovated. The building has significant potential but requires a complete rehabilitation, allowing a new owner the opportunity to reimagine the property and create substantial value through improvements. The property sits on a large parcel and includes a dedicated parking lot, providing valuable off-street parking for future residents. A detached garage also offers additional possibilities and could potentially be utilized as a recreational/common area, laundry facility, storage, workshop, or other amenity space. With its size, unit count, parking, and flexible detached garage space, 440 Maryland Ave presents an opportunity to transform an existing multifamily property into a strong income-producing asset. Property is being sold in its current condition. Buyer to conduct their own due diligence regarding zoning, utilities, occupancy requirements, permits, renovation costs, and intended use. Bring your vision and turn this large multifamily property into your next investment.

Property Features

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