$740,000 Price Analysis 3333 Alto RdBaltimore, MD 21216 12 bed 3 bath 5,124 SqFt ($144/SqFt) 4,103SqFt lot. Built 1930 Listed 2024-04-15 | Ⓧ USDA Ineligible due to location near Baltimore |
3 full bathrooms and 1 half bath, this home is ideally suited for an Assisted Living Facility. It coms with a current assisted living CFO license, making it a prime opportunity for those looking to invest in the healthcare sector or expand their portfolio with a property designed to meet the needs of a thriving assisted living facility. Nestled in the heart of Baltimore, MD, at 3333 Alto Rd, 21216, this expansive property, boasting over 4, 700 sq ft of living space, is currently on the market for $740, 000. This facility is uniquely positioned to accommodate up to 16 residents, with a potential revenue of approximately $3800 per person per month if operated as an assisted living facility.
This offers an excellent investment opportunity with significant income potential in the growing sector of re sidential care. The house is equipped with essential features for comfort and safety, including chair lifts, a comprehensive sprinkler system and a water storage system, ensuring a secure and convenient environment for residents and operators alike. Furthermore, the property is already metered for 3 separate units, offering the flexibility to accommodate multiple residents or tenants with ease and efficiency. Whether you're looking to step into the assisted living business or searching for a large, versatile property in Baltimore, 3333 Alto Rd presents a unique and valuable opportunity
Presented by Kurtis Jerome Coleman Jr. at
RE MAX Advantage Realty.
Property MLS #MDBA2120354 from BrightMLS
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.