Details

Property Description

Exceptional Properties. Exceptional Clients. An exceptional investment opportunity in the heart of Station North, just steps from Baltimore Penn Station. This four-unit apartment building has been substantially improved over the past three years, with approximately three and a half of the four apartments renovated and modernized. Major building systems have also been updated, including replacement of all four air-conditioning systems and all four water heaters. The property offers a desirable mix of spacious apartments: a two-bedroom, one-bath lower-level unit; a two-bedroom, one-bath first-floor unit; a two-bedroom, one-bath second-floor unit; and a one-bedroom, one-bath third-floor unit. Located less than a block from Penn Station, the property offers outstanding access to Amtrak, MARC, Light Rail, and the surrounding Station North Arts and Entertainment District, with convenient connections to downtown Baltimore, Johns Hopkins, the University of Baltimore, and destinations throughout the Northeast Corridor. An excellent opportunity for an investor seeking a well-located multifamily asset with significant recent capital improvements, or for an owner-occupant interested in living in one unit while generating income from the others. Property is tenant occupied with three of the four units rented. Rent roll and additional property information available upon request.