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606 Baltimore Ave - 606 Building 1,273 - 1,308 sq ft Office Units Offered at £176,078 - £180,919 Per Unit in Towson, MD 21204
INVESTMENT HIGHLIGHTS
- Upgraded finishes include lights, ceiling package, millwork and interior glass
- Individually metered electric and HVAC
- 10 garage parking spaces
- Outdoor patio
EXECUTIVE SUMMARY
Fully built out office condo with upgraded finishes, just minutes from the Towson Courthouse. Current owner/occupant is an architect and the condo is suitable for a variety of professional uses. Can be combined with adjacent condos to form 3,883 SF unit.
PROPERTY FACTS
| Total Property Size | 45,300 sq ft | Typical Floor Size | 11,325 sq ft |
| Property Type | Office | Year Built | 1986 |
| Property Subtype | Medical | Total Plot Size | 0.45 ac |
| Costar Property Class | A | Parking Allocation | 2/1,000 sq ft |
| Floors | 4 | ||
| Use Class | BM - Business Major | ||
| Total Property Size | 45,300 sq ft |
| Property Type | Office |
| Property Subtype | Medical |
| Costar Property Class | A |
| Floors | 4 |
| Typical Floor Size | 11,325 sq ft |
| Year Built | 1986 |
| Total Plot Size | 0.45 ac |
| Parking Allocation | 2/1,000 sq ft |
| Use Class | BM - Business Major |
AMENITIES
- 24 Hour Access
- Natural Light
- Air Conditioning
- Balcony
3 UNITS AVAILABLE
Unit 102
| Unit Size | 1,308 sq ft | Unit Use | Office |
| Price | £180,919 | Sale Type | Owner Occupier |
| Price Per sq ft | £138.32 | No. Parking Spaces | 10 |
| Unit Size | 1,308 sq ft |
| Price | £180,919 |
| Price Per sq ft | £138.32 |
| Unit Use | Office |
| Sale Type | Owner Occupier |
| No. Parking Spaces | 10 |
DESCRIPTION
Fully built out office condo with upgraded finishes, just minutes from the Towson Courthouse. Current owner/occupant is an architect and the condo is suitable for a variety of professional uses. Can be combined with adjacent condos to form 3,883 SF unit.
SALE NOTES
SAMPLE LEASE VS OWN SCENARIO
Purchase Price: $679,525 ($175 PSF)
Down Payment: $169,881 (25% of Purchase Price)
Loan Amount: $509,644
LTV 75/25 5 YR/25 YR Amortization at 7%
Monthly Mortgage: $3,533 ($10.92 PSF)
Taxes: $786 ($2.43 PSF)
Condo Fees: $2,135 ($6.60 PSF)
Monthly Purchase Payment: $6,454 ($19.95 PSF)
Average Towson Office Rental Rate: $21.79 PSF
x 3,883 SF
Monthly Lease Payment: $7,052.50
Why Rent When You Can Own
606-5
606-8
606-10-2 crop
Unit 103
| Unit Size | 1,273 sq ft | Unit Use | Office |
| Price | £176,078 | Sale Type | Owner Occupier |
| Price Per sq ft | £138.32 | No. Parking Spaces | 10 |
| Unit Size | 1,273 sq ft |
| Price | £176,078 |
| Price Per sq ft | £138.32 |
| Unit Use | Office |
| Sale Type | Owner Occupier |
| No. Parking Spaces | 10 |
DESCRIPTION
Fully built out office condo with upgraded finishes, just minutes from the Towson Courthouse. Current owner/occupant is an architect and the condo is suitable for a variety of professional uses. Can be combined with adjacent condos to form 3,883 SF unit.
SALE NOTES
SAMPLE LEASE VS OWN SCENARIO
Purchase Price: $679,525 ($175 PSF)
Down Payment: $169,881 (25% of Purchase Price)
Loan Amount: $509,644
LTV 75/25 5 YR/25 YR Amortization at 7%
Monthly Mortgage: $3,533 ($10.92 PSF)
Taxes: $786 ($2.43 PSF)
Condo Fees: $2,135 ($6.60 PSF)
Monthly Purchase Payment: $6,454 ($19.95 PSF)
Average Towson Office Rental Rate: $21.79 PSF
x 3,883 SF
Monthly Lease Payment: $7,052.50
Unit 104
| Unit Size | 1,302 sq ft | Unit Use | Office |
| Price | £180,089 | Sale Type | Owner Occupier |
| Price Per sq ft | £138.32 | No. Parking Spaces | 10 |
| Unit Size | 1,302 sq ft |
| Price | £180,089 |
| Price Per sq ft | £138.32 |
| Unit Use | Office |
| Sale Type | Owner Occupier |
| No. Parking Spaces | 10 |
DESCRIPTION
Fully built out office condo with upgraded finishes, just minutes from the Towson Courthouse. Current owner/occupant is an architect and the condo is suitable for a variety of professional uses.
SALE NOTES
SAMPLE LEASE VS OWN SCENARIO
Purchase Price: $679,525 ($175 PSF)
Down Payment: $169,881 (25% of Purchase Price)
Loan Amount: $509,644
LTV 75/25 5 YR/25 YR Amortization at 7%
Monthly Mortgage: $3,533 ($10.92 PSF)
Taxes: $786 ($2.43 PSF)
Condo Fees: $2,135 ($6.60 PSF)
Monthly Purchase Payment: $6,454 ($19.95 PSF)
Average Towson Office Rental Rate: $21.79 PSF
x 3,883 SF
Monthly Lease Payment: $7,052.50
Presented by
606 Baltimore Ave - 606 Building
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