MLS® ID: MDBC470978
700 RAYNOR AVENUE
CATONSVILLE, Maryland, 21228 $449,500
Property currently zoned multi-family; however, the redevelopment of the site offers an ideal location and facility for a 10 bed assisted living site. Current scheduled income is approximately $52,800 annually to provide approximately $47,000 in net income. This is a great investment property in Catonsvile, Baltimore County. Well maintained 3 unit apartment house with separate private entrances:1-one bedroom, 2-two bedroom apartments with a large garage and great parking area on this spacious lot. Seller has made many updates including: 3 furnaces and 3 A/C units and washers and dryers. Lead certificates convey with the property. Convenient to UMBC College, Washington, D. C. and the Inner Harbor. Don't miss this opportunity to begin your portfolio or add to it. Seller is ready to look at your offer.