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. With a generous layout of 12 bedrooms, 3 full bathrooms, and 1 half bath, this home is ideally suited for a variety of living arrangements. It comes 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.
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 residential 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
Property Type :
Residential
Subdivision :
Hanlon
County :
BALTIMORE CITY
Style :
Residential
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ByOwner last updated this listing 05/02/2024 @ 14:55
MLS: MDBA2120354
LISTED BY: Kurtis Jerome Coleman Jr. , RE/MAX Advantage Realty
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
