1600 Bolton St. Baltimore - 1600 Bolton St. Baltimore, Baltimore, MD 21217

Opportunity to Acquire a Fully Occupied Multifamily Asset in Bolton Hill. • Features 5 large units with a mix of (2) 1 Br-1 Ba, (1) 1 Br-1.5 Ba w/Den, (1) 2 Br-1 Ba, and (1) 4 Br-2.5 Ba. • Typical unit features consist of white appliances, wood cabinets, hard surface countertops, and hardwood/ceramic tile flooring. • Current ownership replaced the roof in 2022 and installed HVAC in units 2F and 3R. Ability to Increase Rents Via Renovation Program. • Opportunity exists for a new owner to renovate all of the units with a suggested scope of stainless steel appliances, updated cabinets, granite countertops, and updated bathrooms. • Properties of similar vintage that have undergone renovations of a comparable scope are achieving rents at least $150 higher compared to the Subject property. • Other value add opportunities include implementing a water reimbursement program upon renewal and/or new lease and potentially creating surface parking behind the building. Excellent Location in Bolton Hill. • Easy access to I-83 and Downtown Baltimore. • Located 1 mile away from Penn Station and surrounded by additonal public transportation options such as the Metro, Lightrail, and CityLink bus stops. • Major area employers/colleges nearby: Maryland Institute College of Art (MICA), University of Baltimore, University of Maryland Medical Center (UMMC) Midtown Campus