Baltimore MD Multi Family for Sale
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1952
- Baths:
- MLS#:
- MDBA2141324
- Subdivision:
- Mount Vernon
ADDITIONAL INFORMATION
Property Overview The property at 305 W Madison St, Baltimore, MD 21201 is a five-unit multifamily building with a mix of studio and one-bedroom units. Some of the units have already been renovated, and the property includes onsite laundry facilities, offering added convenience for tenants and an additional income stream for investors. Value-Add Potential The property offers substantial value-add potential for investors, with the opportunity to increase rents by 59%, or approximately $200 per unit. This creates a clear path to significantly enhance cash flow and maximize returns. With a handful of units already renovated investors can implement additional improvements to the remaining units to further boost rental income and overall property value. Additionally, the onsite laundry offers further income-generating potential. Location and Area Benefits Located in the heart of Baltimore, the property is close to major institutions such as Johns Hopkins University and the University of Maryland Medical Center, offering proximity to key employment centers. Nearby universities like the University of Baltimore and Maryland Institute College of Art (MICA) also enhance the area's appeal. The property benefits from easy access to major highways such as I-83 and I-95, and is close to the State Center subway station, ensuring excellent transportation options. Additionally, being near an Opportunity Zone provides potential tax incentives for investors.
$1,300,000
316 N Paca Street Baltimore, MD 21201
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1900
- Baths:
- MLS#:
- MDBA2140644
- Subdivision:
- None Available
ADDITIONAL INFORMATION
**Submit an Offer - This post needs to include the ideal asking price, but the property is open to offers.** Situated in the heart of Baltimore, 316 N Paca St is a three-story multi-family building offering an outstanding investment opportunity. It is within walking distance to major institutions like the University of Maryland and a short drive from other major universities such as Johns Hopkins University and MICA. The property is also near major employers, including prominent healthcare facilities such as the University of Maryland Medical Center and Mercy Medical Center. Residents can enjoy shopping at the historic Lexington Market, as well as a variety of retail and dining options at Harborplace & The Gallery and The Shops at Canton Crossing. The property is also well-connected, with quick access to Interstate 95 (I-95) and Interstate 83 (I-83). Additionally, it is only a few blocks away from Oriole Park at Camden Yards and M&T Bank Stadium, the homes of the Baltimore Orioles and the Baltimore Ravens, respectively. The building features four studios, three 1-bedroom, 1-bathroom units, and one 2-bedroom, 1-bathroom unit, with the potential to increase rents by 22%. The proximity to major entertainment venues boosts demand for rental properties, leading to higher occupancy rates and rental income. Additionally, properties in such desirable locations often experience appreciation in value over time, presenting opportunities for capital gains for investors. **Submit an Offer - This post needs to include the ideal asking price, but the property is open to offers.**
- Type:
- Townhouse
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1890
- Baths:
- MLS#:
- MDBA2117964
ADDITIONAL INFORMATION
Welcome to 101 S Poppleton St, Baltimore, MD 21201, a versatile two-unit corner property offering a total of 6 bedrooms and 5 bathrooms. Unit 1 is a 2 bed / 2 bath and offers 2 master bedrooms with their own private bathrooms. It is an open concept kitchen and living area with ample room to relax or entertain. Unit 2 has 4 bedrooms and 3 bathrooms with 2 master bedroom/bathroom combos and 2 bedrooms sharing a separate bathroom. This too has an open concept kitchen and living area. Both units have been fully renovated, ensuring modern comfort and style for tenants, and very little capital expense for you for the foreseeable future. Some renovations include all new floor layout, spray insulation throughout (decreasing heating and cooling costs), fully replaced roof and subroof, full thickness hardwood floors throughout living areas, tile floors in bathrooms and laundry areas, all new stainless steel appliances, tankless water heater rated at 200,000 btu's, brand new heating and cooling systems with the 4 bedroom unit having two zones of heating and cooling, and all brand new argon-filled double pane windows (drastically decreasing outside noise). Each unit has separate meters, offering tenants privacy and convenience. Conveniently located less than one block from the B&O Railroad Museum and in close proximity to Camden Yards and M&T Stadium. Additionally, it's 4 blocks from the University of MD Hospital and the University of MD Baltimore campus professional schools, making it a convenient option for the thousands of medical professionals or students. With easy access to I-95, 295 and I-695, commuting is a breeze, whether you're headed downtown or out of the city. Don't miss out on this opportunity to live in a fully renovated property in a prime location. Schedule a viewing today and experience the best of Baltimore living at 101 S Poppleton St.
© BRIGHT, All Rights Reserved - The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Xome Inc. participates, and is provided by BRIGHT through a licensing agreement. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.
Baltimore Real Estate
The median home value in Baltimore, MD is $180,200. This is higher than the county median home value of $177,100. The national median home value is $338,100. The average price of homes sold in Baltimore, MD is $180,200. Approximately 39.96% of Baltimore homes are owned, compared to 43.41% rented, while 16.62% are vacant. Baltimore real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Baltimore real estate agent to arrange a tour today!
Baltimore, Maryland 21201 has a population of 592,211. Baltimore 21201 is more family-centric than the surrounding county with 19.18% of the households containing married families with children. The county average for households married with children is 18.62%.
The median household income in Baltimore, Maryland 21201 is $54,124. The median household income for the surrounding county is $54,124 compared to the national median of $69,021. The median age of people living in Baltimore 21201 is 35.7 years.
Baltimore Weather
The average high temperature in July is 88.1 degrees, with an average low temperature in January of 27.4 degrees. The average rainfall is approximately 42.3 inches per year, with 18.5 inches of snow per year.