UPDATED:
12/14/2024 03:17 PM
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDBA2146918
Style Traditional
Originating Board BRIGHT
Year Built 1921
Annual Tax Amount $6,835
Tax Year 2024
Property Description
Located just a block away from the highly anticipated new Johns Hopkins University Student Center, this gutted 6-unit building presents an exceptional investment opportunity in one of Baltimore’s most desirable neighborhoods. With its proximity to the university, the building is perfectly positioned to serve the growing demand for student housing, faculty residences, or multi-family rentals.
This property offers a blank canvas for developers, investors, or visionaries looking to capitalize on the area's rapid development. The building has been completely gutted, providing a clean slate to design and customize each unit to suit modern living standards. Whether you’re looking to create high-end student apartments or multi-family units, this property offers immense potential for value appreciation.
Key Features:
Prime Location: Just one block from the Johns Hopkins University Student Center, with easy access to campus, restaurants, shops, and public transportation.
Fully Gutted: Ready for a full renovation—no demolition required. Perfect for investors looking to redesign the property to maximize rental income or resale value.
Large, Spacious Units: Potential for multiple 3- or 4-bedroom units, maximizing rental income potential in a high-demand market.
Development Potential: The building's layout and zoning offer flexibility for various development projects, whether residential or mixed-use.
Strong Rental Market: The Johns Hopkins University area has a consistently high demand for housing, ensuring strong rental prospects or potential for sale.
This property is an ideal opportunity for those seeking to invest in a rapidly developing area of Baltimore. With thoughtful renovations, this gutted building could quickly transform into a highly profitable asset in the heart of one of the city's most sought-after locations.
Don’t miss out on the chance to be part of the transformation of this dynamic neighborhood!
Location
State MD
County Baltimore City
Zoning R-8
Rooms
Basement Walkout Level, Side Entrance
Interior
Hot Water Natural Gas
Heating Radiator
Cooling Window Unit(s)
Flooring Hardwood
Fireplace N
Heat Source Natural Gas
Exterior
Exterior Feature Porch(es)
Parking Features Garage - Side Entry, Garage - Rear Entry
Garage Spaces 2.0
Water Access N
Accessibility None
Porch Porch(es)
Total Parking Spaces 2
Garage Y
Building
Lot Description Corner
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0312193864 005
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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