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Highlights: 600â² From University of Maryland BioTech Park, Employing Over 1,000 Highly Educated Professionals Seeking Housing Nearby Their Place of Employment. 3 Blocks Away From University of Maryland, Whose Student Body of 6,300+ Graduate Students Creates High Demand for Housing. Opportunity to Increase Rents Through Apartment Upgrades. Hollins Market Neighborhood is Considered One of the âMost Convenient Neighborhoods in Baltimore Cityâ By LiveBaltimore.com, with Easy Commuting for Both Landlords and Tenants. Two townhouses combine to provide stable cash flow from 8 apartments. These buildings are fully leased, with some generational tenants paying below market rent, leaving room to improve annual returns. Studio apartments have durable laminate flooring throughout large living/sleeping areas. Kitchenettes feature wood cabinets, easy-to-maintain laminate counters, and a mix of 20â³ electric or gas ranges. Bathrooms boast modern vanities with steel tubs or showers. Two studios have new modern, LVP flooring. The one-bedroom apartment has wall-to-wall carpeting and a similar kitchen and bath. The first-floor apartments are larger with new hardwood flooring. 869 Hollins encompasses the entire first floor, with 2 bedrooms and 2 bathrooms. 871 Hollins comprises two stories with 3 bedrooms and 2 bathrooms. Kitchens have wood cabinets, laminate counters, and 30â³ gas ranges. Tenants in seven apartments can use the free, shared laundry in the basement of 871. The first-floor apartment in 871 Hollins has an in-unit, stacked washer and dryer. Two separate, legal lots, zoned for eight dwelling units. This Hollins Market 8-unit has some recent updates, including 3 central gas-fired water heaters. Tandem 40-gallon and 50-gallon units, replaced in 2018 and 2023, respectively, serve 869 Hollins. A 30-gallon water heater installed in 2021 serves 871 Hollins. 869 Hollins is heated by a central Columbia gas-fired boiler with radiator heat. The first-floor apartment of 871 Hollins has a Gibson gas-fired boiler with central air conditioning. Second and third-floor apartments in 871 have electric baseboard heat. Seven units provide their own window air conditioners. The landlord pays for all water and sewer charges, in addition to public service electric and heating fuel, as well as the utilities for 5 apartments. Separating utilities or establishing a utility bill-back system would further enhance cash flow. Tenants in this Hollins Market investment property enjoy living in âone of the most convenient areas of the City,â according to LiveBaltimore.com. Martin Luther King Jr Boulevard provides access to most major connections for traveling in and around the Baltimore metro area. BWI Airport and Penn Station can both be accessed within a 20 minute drive. The B&O Railroad Museum, a popular tourist destination and event venue, is 3 blocks southwest. The areaâs close proximity to the BioPark and University of Maryland Graduate Schools ensures consistently high rental demand due to the ongoing expansion of educational facilities.
This 2,851sf building is well located in the heart of the Penn Ave commercial corridor in the Upton neighborhood next to Avenue Market and Dollar General. The current tenant is a Metro by T-mobile franchisee. Pennsylvania Ave is the main artery traveling in and out of the city. The property is located just 2 miles from the Inner Harbor. This stretch of Penn Ave has a daily traffic count of approx 10,000 cars and is served by the Upton subway station.
A great opportunity to purchase Mixed-use buildings, configured w/2 Residential units & 2 Commercial Units. The buildings are located in the "Washington Village neighborhood of Baltimore City. // The addresses are 803-807 Washington Blvd. The property is Limited Lead Free. Building Class is C-Commercial with storefront retail & residential. The buildings total approximately 7,316+/- SF EACH of above grade, according to SDAT. // Each residential unit has 2 bedrooms and 2 baths and are on 2 levels. They have been updated with wood floors, modern kitchens and baths, gas heat and central AC. // Gross Scheduled Monthly Income of $6,670. Gross Potential Monthly Income of $10,170. Unit 803 - commercial/storefront retail unit. Currently vacant. Per the seller, the unit has a potential rent of $3,500/monthly. Unit 805A - residential unit. Currently rented for $1,500/monthly. Unit 805B - residential unit. Currently rented for $1,670/monthly. Unit 807 - commercial/storefront retail unit. Currently rented for $3,500/monthly. (Rent will increase to $3,600, starting March 1, 2024) // Location: The property has a convenient location near dining, shopping, schools, recreational facilities, and access to transportation routes. The property is located in close proximity to Oriole Park at Camden Yards & M&T Bank Stadium, Downtown Baltimore, Inner Harbor, University of Maryland at Baltimore, Hollins Market, Lexington Market andÂ10 minutes or 0.6 mile from Univ. of Maryland-Baltimore. // Transportation options available in Baltimore include Convention Center, located 0.6 miles andÂis near Baltimore/Washington International Thurgood Marshall, located 9.6 miles or 16 minutes away. Transit Score 96 --- Walk Score 94 --- Bike Score 83
This beautiful church, built in 1862, sits on a spacious 2-acre lot and boasts stunning stained-glass windows and stately columns. The property offers ample parking for visitors and members, and the commercial kitchen is a great feature that makes hosting events and community gatherings a breeze. The large Assembly Hall with a stage adds to the versatility of the space. Downstairs, there is a large area with a dedicated nursery space. The historic cemetery adds to the unique charm of this property with headstones going back to the early 1800âs. Overall, this unique church is an ideal choice for those looking for a versatile space that maintains its historical charm and beauty.
***LOCATION - LOCATION - LOCATION - 3 LEVEL w COMMERCIAL SPACE & APARTMENT near CAMDEN YARDS, B&O MUSEUM, and UMD HOSPITAL *** Property includes views of the Inner Harbor from 3rd level. Needs work but is an Excellent Investment. First floor previously used for Law Firm then Rental unit was above on floors two and three. SELLER prefers to sell 772 & 774 Washington as a package. Unique opportunity for sought after Downtown Location... Come See For Yourself !!!
***LOCATION - LOCATION - LOCATION - 3 LEVEL w COMMERCIAL SPACE & APARTMENT near CAMDEN YARDS, B&O MUSEUM, and UMD HOSPITAL *** Property includes views of the Inner Harbor from 3rd level. Needs work but is an Excellent Investment. First floor previously used for Law Firm then Rental unit was above on floors two and three. SELLER prefers to sell 772 & 774 Washington as a package. Unique opportunity for sought after Downtown Location... Come See For Yourself !!!
Welcome to this tremendous rehab opportunity located on a major street in Brooklyn, MD. This building offers immense potential for a business or apartments. With 10 potential offices, 3 half bathrooms, 1 full bathroom, and an entry foyer, this property provides ample space for various purposes. Convenience is key, as the building comes with a 10-car parking lot in the rear, along with public street parking available right in front. Previously used as a decorative office and a dentist office, this versatile space can easily be converted into two rental units or transformed into a comfortable home of your own. Don't miss out on the chance to bring your vision to life in this prime location. Schedule a showing today and explore the endless possibilities this property has to offer!
Nestled in the historic Woodberry neighborhood of Baltimore City, 3535 Clipper Road presents a unique opportunity to acquire a property well positioned in a neighborhood brimming with character and charm. Located minutes from the light rail, I-83 and I-695, any development here will allow for easy access to the entire city and beyond. The seller is also selling 3511 Clipper Rd (MDBA2108458). The properties may be bought together for cohesive development or separately. The listing price includes the below plans and reports. Available upon request. - Architect designed Renderings (the listing photo is an example) -Engineer Development Plans - Other inspection reports as available
Well positioned in the historic neighborhood of Woodberry is this unique development opportunity. This shovel ready development site, comes fully approved and permitted for a 57-unit apartment complex, ready for immediate construction. Sold separately, or in conjunction for cohesive development with 3535 Clipper Rd (MDBA2108456). The listing price includes the below plans and reports. Available upon request. - Approved engineer plans - Architect designed renderings - Permits - Environmental and engineering reports
Highlights: > Pick Up Where Seller Left Off at Discounted Price: Gut-to-Stud Renovation 75% From Completion > Less Than 1 Mile to Reservoir Square, A $1,000,000 Mixed-Used Community in Development > High-End Finishes Attract Quality Tenants > Stellar âWalkScores:â Deemed a Walkerâs Paradise with Excellent Transportation. Apartment interiors boast high-end finishes that tenants desire, mostly completed with new stainless-steel appliances in the kitchens, which include 30â³ electric ranges, over-the-range microwaves, modern stainless sinks with faucets, and garbage disposals. The bathrooms feature sleek modern vanities and either vinyl shower stalls or tubs, all with designer ceramic tile surround. Durable vinyl plank flooring throughout the apartments not only ensures longevity for landlords but also offers tenants easy-to-clean surfaces. Each apartment includes a stacked washer and dryer for convenience. While common area hallways and ceilings retain their plaster, apartment interiors now feature new drywall with recessed lighting. This Madison Park 6-Unit stands as an all-electric building with separate metering, allowing tenants to control their environments and pay utility bills directly to providers. Each unit receives 150 amps of power and is equipped with in-unit wall-mounted electric heat pumps and central air conditioning. High-performance electric Rheem 6-gallon or Steibel 4-gallon water heaters serve each unit, with suitable plastic water supply lines and PVC drain lines. Vinyl replacement windows have been installed in the rear, while original wood frame windows remain in the front. Interior water supply lines are plastic; interior drain lines are PVC. Windows in the rear have been upgraded to vinyl replacement, while original wood frame windows remain on the front. Madison Park 6-Unit Punch List: Zoning has approved the permit for 6 dwelling units. Framing and insulation permit complete and approved. Plumbing, mechanical and gas permits need to be re-filed, completed and finalized. Electric and building permits are valid through August 2024 and need to be finalized. The main water supply line has been upgraded to serve the required fire suppression system. The sprinkler system is near completion. Quotes have been obtained for the remaining work, including an estimate to complete the suppression system by Faithful Fire Protection and a quote from Electronic Security Solutions to complete the fire alarm monitoring system. Paving the rear pad would allow for 2 off-street parking spaces, boosting monthly cash flow. Exciting developments are underway nearby, including the redevelopment of an 8-acre plot between Reservoir Hill and Bolton Hill, less than 1 mile from 1520 Madison Avenue. Named Reservoir Square, this new gateway to West Baltimore will feature townhomes, apartments, office space, a national grocer, street-level retail, open space, and green space with a park. Just a mile east lies the vibrant culture of Mount Vernon, home to concert venues like the Joseph Meyerhoff Symphony Hall and The Lyric. Tenants will also appreciate the proximity to the YMCA in Druid Hill, offering an indoor pool, state-of-the-art gym, and cycle studio. According to âWalkscore.com,â this Madison Park 6-Unit boasts a Walk Score of 91 and a Transit Score of 87 (excellent!).
Insane Opportunity for 8% Cap Rate! Never Meant to Be Sold. Owner Re-Built to Last for a Lifetime. Now, Liquidating Portfolio and Must Sell! Pre-Construction Appraisal at 6.3M and Now Offered at 4.5M! Rare Combination of Cash Flow, Immediate Equity and Renovated, Turn Key Condition. Building was taken down to its Reinforced Concrete Frame and the Rebuilt in 2016. 5 Story Atrium was added maximizing Natural Light to all Apartments. All Systems are New including 240 Volt 1600 AMP 3 Phase Electric, Plumbing throughout, Heat Pumps, Plumbing and Elevator with Battery Back Up. 100% LEAD FREE Inside and Out, ABSESTOS FREE and ADA Compliant! Incredibly Rare 20 Year Thermoplastic Polyelfin (TPO) Synthetic Roof with the Firestone Manufacture Warranty good through 2036. ISO Exterior Roof Insulation â allows exposed beams in elevated 5th Floor Ceilings. Garage ductwork with automatic CO2 detection and ventilation system. Fire Alarm and Sprinkler Systems. Vaults under the sidewalk reinforced with massive steal metal work. Wide Hallways with Rows of Windows letting in Natural Light and Motion Sensing Electricity Saving Lightbulbs. Concrete, Damage Proof Staircases, Wide landings with Original Hardwood Floors, Salvaged Historic Metal Panels, 100k in Ornamental Ironwork on Windows alone and Hallways of Acid Washed Exposed Brick Walls. The apartment designs defied the standards of maximizing the number of units and instead maximized space, comfort and desirability of each residence. Loft feel with 10ft â 16ft high ceilings, Real Hardwood Floors throughout, Exposed Brick Accent Walls, Metal Doors, Double Wide Bedroom Closets, Large almost floor to Ceiling Windows and Full Size Washers and Dryers in Every Unit. Kitchens boast Solid Wood Cabinets, Brazilin Granite Counters, SS Appliances, Islands and Flow into Large Open Living Rooms. Bathrooms are Calcatta Mable with Black Granite Stars and Inlays. See Floor Plans and link to 3D Virtual Tours. The 1BD Apartments are approximately 875 sq. ft. 8â9âx 9â8â bathrooms, 14â3âx 12â7â Bedrooms 27â6â x 16â9â Open Kitchen and Dining Area. 2BD 2BA Apartments are approximately 1,336 sq. ft. with even larger living spaces. These units are of a totally different quality then other buildings with pigeon whole apartments with inferior finishes and the Rental Income Proves It! Attract Great Tenants and Enjoy High Rent, Low Turn Over and Minimal Maintenance. Main Level 2,500 sq. ft. Commercial Space is tenant occupied. Options abound for a Future Franchise tenant: Wallgreens, 7/11, McDonalds, M&T Bank and a dozen restaurants are within 2 blocks. Incredible Downtown Location half a block from the Hippodrome and Royal Farm Arena and Blocks from Camden Yards, University of MD Medical Center and the Inner Harbor Waterfront. Gain Additional Income from the 11 Garage Parking Spaces and 11 Very Large Storage Units. All Documents Uploaded. Schedule Your Private Tour Today!
Centrally located commercial property located near University of Maryland Medical Center and less than 10 minutes from the Baltimore Inner Harbor. The property was used in conjunction with 401 W Monument (MLS MDBA211010) as a religious facility. Owners would prefer if the properties are sold together ($725,000) total price; however, are open to selling them separately. Combined square footage of both properties is approximately 8742sf and buildings are connected with a doorway inside. This property has endless possibilities. The building boasts approximately 4500 sf and has a spacious open rook with high ceilings that was used as a sanctuary but has the potential to be used for various purposes. There is a converted garage in the interior that is currently used as storage space.
Centrally located commercial property located near University of Maryland Medical Center and less than 10 minutes from the Baltimore Inner Harbor. The property was used in conjunction with 405 W Monument (MLS MDBA211012) as a religious facility. Owners would prefer if the properties are sold together ($725,000) total price; however, are open to selling them separately. Combined square footage of both buildings is approximately 8742sf and buildings are connected with a doorway inside. This property has endless possibilities. The building has a kitchen, meeting space and restrooms on the first level. The second floor has office spaces, additional meeting areas and a restroom.
ONLINE AUCTION: Bidding begins 5/30 @ 10:00 AM. Bidding ends 6/3 @ 11:50 AM. List Price is Suggested Opening Bid.3 Story End Unit Store-Front Townhouse located in the Downtown area of Baltimore City. The property is Rented. Residents can enjoy the nearby attractions such as Lexington Market, University of Maryland Medical Center, University of Maryland, Baltimore, Oriole Park at Camden Yards, M&T Bank Stadium, The Baltimore Convention Center, & the attractions such located in Downtown and Inner Harbor. See below for rental information. Easy Access to Major Traffic Arteries I-83 & Martine Luther King Jr. Deposit: $25,000.
5-story building for sale with a retail tenant in place. levels 2-5 and the basement are unfinished with an opening for an elevator lift connected to all levels. Come tour this amazing opportunity to invest in Baltimore
New Listing Alert! ð¢ð° Turnkey mixed-use CASH COW available now! Zoned as an apartment hotel with six rentable units. Don't miss out on this lucrative deal! ð¦ð¼ #RealEstate #InvestmentOpportunity #CashCow Professional pictures coming soon! The current tenants in place for this investment opportunity include a retail restaurant/lounge on the 1st level. The restaurant/lounge has a long-term lease in place, providing a stable source of income. Additionally, there are six rentable units that generate revenue through a hybrid income ratio split between Airbnb, long-term leases, and the restaurant. This diverse mix of tenants ensures multiple streams of income for the property. ð½ï¸ð¢ð¼
New Listing Alert! ð¢ð° Turnkey mixed-use CASH COW available now! Zoned as an apartment hotel with six rentable units. Don't miss out on this lucrative deal! ð¦ð¼ #RealEstate #InvestmentOpportunity #CashCow Professional pictures coming soon! The current tenants in place for this investment opportunity include a retail restaurant/lounge on the 1st level. The restaurant/lounge has a long-term lease in place, providing a stable source of income. Additionally, there are six rentable units that generate revenue through a hybrid income ratio split between Airbnb, long-term leases, and the restaurant. This diverse mix of tenants ensures multiple streams of income for the property. ð½ï¸ð¢ð¼
The investment opportunity at 305 W. Madison Street, a multifamily property in Baltimore's historic Mount Vernon neighborhood, offers several compelling highlights: Value-Add Potential: There's significant potential for increasing rental income through modest modernization efforts, primarily focusing on common area improvements and kitchen and bath updates. Current rents are below market rates, offering the opportunity to raise them by approximately 40%. Additionally, there's potential to convert one unit into a legal studio apartment and recover utility costs by billing tenants. Proximity to Schools and Employers: The property is near educational institutions like the University of Baltimore Law School, MICA, and Johns Hopkins Peabody Institute, making it attractive to students. It's also across the street from the University of Maryland Medical Center, Midtown Campus, and major employers in Downtown Baltimore and the Inner Harbor, providing job opportunities for residents. With excellent walk and transit scores, residents have easy access to public transportation options. Desirable Location: Situated in a highly sought-after neighborhood catering to young professionals, millennials, and students. It's at the center of the ongoing Howard Street Revitalization and close to the Bromo Arts District, with amenities like the Howard Street Dog Park nearby. Highly Desirable Residential Area: Mount Vernon offers an eclectic mix of boutique shops, gourmet restaurants, trendy bars, and cultural events throughout the year. It's close to prestigious cultural landmarks, including the Meyerhoff Symphony Hall and the Lyric Opera House, as well as dining and retail options along the Charles Street Retail Corridor. Overall, 305 W. Madison Street presents a promising investment opportunity due to its prime location, potential for rental income growth, and proximity to amenities, schools, and employers.
Major Price Reduction! Great opportunity to own 8 single garages with double doors in the heart of Hampden. Currently used as storage. Lots of options here- use as it is or demo and think big and tall and profitable. Prime location is one block behind the 4000 block of Falls Rd. Just around the corner from shopping, great restaurants, schools, church and access to downtown and uptown.
List price is Opening Bid At The Online Only Auction Sale. Bidding begins Friday, June 7th & ends Wednesday, June 12th, 2024 @ 12:00 PM. Exceptional Development Opportunity: This .32± acre site, located in an R6 Zoning District in Medfield, Baltimore City, presents a rare development opportunity. The R6 zoning is believed to permit up to 8± units by right, with the potential for higher density through a zoning variance. Positioned on a mostly level corner lot, the site features 105± feet of frontage along Roland Heights Avenue and has city water and sewer connections already in place. A building on the property, formerly a church, encompasses approximately 2,700± square feet and includes a basement. Additionally, there is a detached storage shed on the premises. The entire property is fully fenced. Architectural plans are available. The R6 zoning district accommodates both townhomes and multi-family units. In the neighboring Woodberry area, new townhomes are selling from the mid-$400,000s to the mid-$600,000s. Rental rates for A-Class properties in the area are robust, with 2-bedroom units renting for up to $2,300 per month and 3-bedroom units renting for up to $2,600 per month. This site is conveniently located just 2 minutes from I-83 and the West Cold Spring Metro Station, providing easy access for city residents working outside Baltimore. Additionally, Johns Hopkins University and Loyola University are only 1 mile away. The Rotunda, featuring MOMâs Organic Market and Starbucks, is less than a mile away and offers shopping, dining, and entertainment options. The famous "Avenue" in Hampden is also nearby. Don't miss this opportunity!
Beautifully and thoroughly modernized 1830's gem with the potential for up to 2 separate residences on the upper floors and retail on the ground level, all with separate entrances. All new systems (plumbing, electrical, mechanical), appliances and finishes all built to code. Retail level is ADA compliant with brand new stair lift. Recently built-out as a first-class body piercing and jewelry store with airy ground level retail, four procedure rooms and spacious private and public areas. Multi-zone HVAC features like-new ductless and conventional forced air components. Hard wired for data, telephone and video. Video, Security and Telephone systems in place and ready to use. This is a genuine turn-key opportunity in Mt. Vernon that needs nothing. Perfect for owner-occupied office and / or retail, upscale tattoo parlor, jewelry store, light medical office, among many other possibilities. This property will not disappoint!
ONLINE AUCTION: Bidding begins 6/6 @ 10:00 AM. Bidding ends 6/10 @ 11:40 AM. List Price is Suggested Opening Bid. 3 Story Mix Use Commercial Townhouse located in the Downtown area of Baltimore City. Units are separately metered (see property features below for more detailed information). Residents can enjoy the nearby attractions such as Lexington Market, Oriole Park at Camden Yards, M&T Bank Stadium, Baltimore Convention Center, National Aquarium, University of Maryland Medical Center, & Charles Center Metro Station. Easy Access to Major Traffic Artery Light St & I-83. Deposit: $25,000.
Coldwell Banker Commercial NRT is pleased to announce the exclusive listing of 112 West Lexington Street, Baltimore, Maryland 21201 for sale. This Storefront/Retail asset's first floor is 1,705 SF of retail space currently used as a beauty supply store. The second floor is a 1500 SF 2 BR , 2 Bath apartment. Property is near the corner of Park Avenue and West Lexington Street and boasts a classic glass block front facade. Just blocks from the newly renovated World Famous Lexington Market and CFG Bank Arena (formerly Royal Farms Arena).
Located in the Historic Mt Vernon District on Antique Row, 893 â 895 N Howard, originally two private residencies, is now an adjoined 5500 SQFT 3-story retail / office building zoned C-1. One electric, one water meter, one rear parking pad. Formerly used as an antique store. Perfect for most supportive services for the University of Maryland Medical Center Midtown Campus directly across Howard Street or for multi conversion and additional dwelling units. Floor plans with measurements included in photos.
INCREDIBLE OPPORTUNITY IN THE HEART OF MOUNT VERNON! This is your chance to own an unbelievable piece of Baltimore history. This property is sure to be the crown jewel of your investment portfolio. This sale comprises of not just one but TWO buildings in the heart of the Mount Vernon Historic District at 205 W Madison St and 716 Park Ave. Both buildings combine for over 18,000 sq ft above grade, not including the basements. 205 W Madison is 11,440 sq ft above grade, 716 Park Ave is 6,600 sq ft above grade. Standing outside of the main building, you are in awe of its magnificence. The attention to detail that went into the brickwork and stone work on the exterior of the building is unlike any other building you have seen in recent memory. As you enter the grand double doors of the main building into the foyer, your eyes are immediately drawn to the many displays of craftsmanship from a world long ago. Beautiful murals and paintings, exquisite handrails and crown molding, and an incredible grand staircase. As you enter to your left, what was once a ballroom, dining room, or reception area is sure to leave you speechless. You are greeted by 14ft+ ceilings and a magnificent chandelier at the center of the room. You immediately feel like you are walking back 100 years into a completely different time and era. Take a stroll back into the main hall and past the grand staircase and you will notice the original service elevator to the building is still in place. A large, beautiful courtyard connects the two buildings from the rear. It is truly amazing how well many of the original features of this building have been preserved. Craftsmanship like this simply no longer exists. Both buildings currently have a combined 25 suites/rooms (28 if you include the basements), each complete with it's own bathroom and it's own heating/cooling system. Each room is cozy, comfortable, and a very good size. Many of them have their own living room areas in addition to bedroom and bathroom. This is is an incredible opportunity to bring this building back to its former grandeur. The neighborhood and the city has been buzzing about what's to come for this building, and everyone is so excited to see what the next owner has planned! This building could be converted back to a hotel, to a bed and breakfast, an apartment building, a rooming house, the possibilities are endless. Don't let this incredible once in a lifetime opportunity pass you by!