$89,474
FOR SALE4946 Brookwood
Brooklyn, Md, 21225
MLS #MDAA2125312
Subdivision: Brookwood
Building: -
3 Beds
1/- Baths
1254 sqft
$ 71.35 /sqft
This 10-property, 19-unit portfolio in Anne Arundel County is being brought to market at $89,473 per unit, approximately 11% below the areax2019;s average sales price of $100,217 per unit. The portfolio generates a strong day-one cap rate of 7.26%, with a clear path to a stabilized cap rate of 11.4% through strategic rent increases and modest unit improvements. Current average rents across the portfolio are approximately $1,000 per unit, while market rents in the area average $1,400, presenting an immediate $500/month per unit income upside. Once stabilized at market rents, the portfolio has the potential to achieve a cap rate of approximately 11.4%, making this a compelling opportunity for investors seeThis 10-property, 19-unit portfolio in Anne Arundel County presents an exceptional investment opportunity with a mix of 2x2013;3 bedroom brick duplexes and a rowhome, all featuring basements and efficient layouts perfect for rental income. The units are largely move-in ready, boasting updated kitchens with granite countertops and hardwood flooring for modern appeal. Most include refrigerators and ranges, while 2 units offer the added convenience having washer and dryer. Heating is reliably provided by gas furnaces, with 10 units also equipped with baseboard heaters for extra comfort. Cooling solutions vary, with 10 units featuring window or portable AC and 3 units utilizing radiator systems. Each unit benefits from separately metered utilities serviced by BGE and public water/sewer, simplifying management. Ideal for investors seeking a low-maintenance, high-demand portfolio, this collection combines charm, functionality, and strong income potential in a thriving location.Anne Arundel County is home to approximately 597,052 residents as of 2025. The county features a variety of local retail centers and shops, including the redeveloped Annapolis Mall, where significant investment is underwayx2014;replacing the former JCPenney space with new tenants like OneLife Fitness and a supermarket. Nearby developments include major mixed-use projects in Odenton Town Center, such as the x201c;Blue Oaks at North Odentonx201d; apartments, Meade Centerx2019;s retail and office spaces, and new Starbucks and Wawa locations, as well as a large MARC parking garage currently under construction. Educational attainment is strong, with 45.2% of residents aged 25 and over holding at least a bachelorx2019;s degree. Major employers include Fort George G. Meade (over 64,000 employees), Anne Arundel County Public Schools ( 15,794), the State of Maryland ( 11,584), and BWI Thurgood Marshall Airport ( 10,000 jobs). Local transit options are robust, with BWI Thurgood Marshall Airport, Amtrak, MARC commuter rail, MTA light rail, commuter buses, and the Anne Arundel Connector. The area is also served by major highways and shuttle services, providing efficient access throughout the county and beyond.This property is part of a portfolio sale10 properties and a total of 19 UnitsTotal Selling Price: $1,700,000.004931 BROOKWOOD RD. BALTIMORE 212254946 BROOKWOOD RD. BALTIMORE 212255201 BROOKWOOD RD. BALTIMORE 212255210 BROOKWOOD RD. BALTIMORE 21225906 1ST ST. BALTIMORE 21225912 1ST ST. BALTIMORE 21225915 1ST ST. BALTIMORE 21225923 1ST ST. BALTIMORE 21225942 1ST ST. BALTIMORE 21225907 VICTORY AVE. BALTIMORE 21225
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Listing Courtesy of: Midfield Realty