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606 Baltimore Ave
Towson, MD 21204 Downtown Towson

$235,505 - $241,980 USD

Medical Condos For Sale  •  1,273+ SF

Property Details

  • Property Type Medical
  • Total Building Size 45,300 SF
  • Lot Size 0.45 AC
  • Building Class A
  • Year Built 1986
  • Tenancy Multiple
  • Zoning BM
62 Transit Score
94 Walk Score

3 Units Available

Name Condo Use Size Price Details
1st Floor - Unit 102 Office 1,308 SF $241,980 USD
  • Unit Size: 1,308 SF
  • Condo Use: Office
  • Price: $241,980 USD
  • Sale Type: Owner User
  • Price/SF: $185.00 USD
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

1st Floor - Unit 103 Office 1,273 SF $235,505 USD
  • Unit Size: 1,273 SF
  • Condo Use: Office
  • Price: $235,505 USD
  • Sale Type: Owner User
  • Price/SF: $185.00 USD
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

1st Floor - Unit 104 Office 1,302 SF $240,870 USD
  • Unit Size: 1,302 SF
  • Condo Use: Office
  • Price: $240,870 USD
  • Sale Type: Owner User
  • Price/SF: $185.00 USD
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

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.

Highlights

Upgraded finishes include lights, ceiling package, millwork and interior glass
10 garage parking spaces
Individually metered electric and HVAC
Outdoor patio

Property Flyers

Amenities

  • 24 Hour Access
  • Natural Light
  • Air Conditioning
  • Balcony

Public Transportation

Commuter RailDriveWalkDistance
Penn Station (PENN - WASHINGTON - Maryland Area Regional Commuter Trains (The MARC), Penn Line - Maryland Area Regional Commuter Trains (The MARC), Penn Station & Camden Yards - Maryland Area Regional Commuter Trains (The MARC)) 19 min - 7.2 mi
AirportDriveWalkDistance
Baltimore/Washington International Thurgood Marshall 39 min - 25.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 40
Type: Surface
Included in Rent: Yes
Paul Obrecht III 410-561-5568 Blue & Obrecht Realty, LLC
Paul Obrecht III 410-561-5568 Blue & Obrecht Realty, LLC