Baltimore, MD Multi-Family Commercial Real Estate
18 results
Address
Price
Size
100 E Redwood Street
Baltimore, MD
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2028 Mt. Royal Terrace
Bolton Hill, Baltimore, MD
Opportunity to Acquire a Multifamily Asset with Minimal Deferred Maintenance in Reservoir Hill . - Unit mix consists of (11) 1 Br-1 Ba, (1) 1 Br-1.5 Ba, (4) 2 Br-1 Ba, (2) 2 Br-1.5 Ba, and (3) 3 Br-2 Ba. - Typical unit features include white appliances, wood cabinets, laminate countertops, engineered bamboo/carpet/ceramic tile flooring, and in-unit washer/dryers in some units. - Current ownership completed an extensive renovation of the property in 2012 which included apartment upgrades, new roof and awning, refurbished lobby and corridors, replacement of 50% of the hot water heaters and 90% of heat pumps, and other projects. Ability to Create Value and Increase Rents Via Renovation Program . - Recently, the seller renovated two units with stainless steel appliances, new cabinets, granite countertops, and updated bathrooms; the opportunity exists to continue this renovation program on the remaining 19 units. - Potential to increase rents at least 15% based on nearby rent comparables. - Implement a water reimbursement program upon renewal and/or new lease. - Monetize the storage area in the basement by creating two or three larger storage rooms. Excellent Location in Reservoir Hill Near I-83; Less Than a 15 Minute Walk Away from MICA and UB . - Ranked a Walker's Paradise by WalkScore; various modes of public transportation are located less than a half mile away from property including the Light Rail and CityLink bus stops. - Located 1 mile away from Druid Hill Park, one of the largest green spaces in Baltimore City. - Major area employers nearby: Johns Hopkins University, Maryland Institute College of Art (MICA), University System of Maryland, University of Maryland Medical Center (UMMC) Midtown Campus. - Major area colleges nearby: MICA, University of Baltimore (UB), Coppin State University, Johns Hopkins University
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1427 Poplar Grove St
Coldstream Homestead Montebello, Baltimore , MD
Unique Opportunity to Acquire a Gut Renovated, 100% Voucher-Based Tenant SFR Portfolio . - Portfolio features 8 single-family homes with a mix of 2, 3, and 4 bedrooms. - All voucher-based tenants, providing certainty of rental income. - Prior ownership completed a gut renovation of all the properties between 2010 and 2013 which included interior renovations, new plumbing, and updated electric. - Typical unit features consist of white appliances, wood cabinets, hard surface countertops, carpet/tile/hardwood flooring, and some in-unit washer/dryers. Ability to Create Value Via Renovation Program . - Focus on organically increasing rents. - Current ownership has recently updated 1 property (1427 Poplar Grove) with updated appliances, plank flooring, fresh paint throughout, and new hardware/fixtures; has achieved a rent $200 higher than prior tenant. - Properties of similar vintage that have undergone renovations are achieving rents at least $300 higher on average than the Subject portfolio. - Ability to perform a higher-end renovation on all of the properties to achieve additional premiums, with a suggested scope of stainless steel appliances, granite countertops, and updated bathrooms. Well-Situated in North Baltimore City and South Baltimore County . - Easy access to major highways and located near numerous public transportation stops . - Major area employers nearby: Johns Hopkins Hospital (Main Campus and Bayview Campus), University of Maryland Medical Center (UMMC) Midtown Campus. - Major area colleges nearby: Morgan State University, Loyola University of Maryland, Maryland Institute College of Art (MICA)
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1312-1316 Eutaw Pl
Bolton Hill, Baltimore, MD
Opportunity to Acquire a Multifamily Asset in Bolton Hill . - Features 25 large units with a mix of (1) Studio, (6) 1 Br-1 Ba, (14) 2 Br-1 Ba, (2) 3 Br-1 Ba, and (2) carriage homes. - There is a landscaped courtyard with secured entry that tenants walk through to reach their units and a shared laundry area. - Typical unit features consist of white appliances, wood cabinets, formica countertops, and hardwood/tile flooring. 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 $350 higher on average compared to the Subject property. - Other value add opportunities include evaluating the possibility of implementing a utility reimbursement program upon renewal and/or new lease. Excellent Location in Bolton Hill . - Easy access to I-83 and Downtown Baltimore. - Less than a mile from Penn Station and only an 8-minute walk to the closest light rail station. - Major area employers/colleges nearby: Maryland Institute College of Art (MICA), University of Baltimore, University of Maryland Medical Center (UMMC) Midtown Campus, Social Security Administration
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2527 Saint Paul St
Loyola - Notre Dame, Baltimore, MD
Opportunity to Acquire a Gut-Renovated, Luxury Asset in Charles Village. • Features 18 units with a mix of (6) 1 Br-1 Ba and (12) 2 Br-2 Ba units. • Ten surface parking spaces located behind the building. • Typical unit features include stainless steel appliances, wood cabinets, quartz countertops, hardwood/tile flooring, and in-unit washer/dryers. • Current ownership completed a gut renovation of the property in 2023, which included a complete build-out of all units and common areas, roof replacements, all new mechanical systems, and fire sprinkler system installation. Ability to Organically Increase Rents. • Opportunity exists for a new owner to focus on organic rent growth as some of the existing rents were discounted at lease up. • Similar properties nearby are achieving rents at least $300 higher on average. • Lofts at Saint Paul was also approved for a 10-year CHAP Tax Credit beginning in 2023, which will provide future tax savings for a new owner. Less than 1 Mile Away from Johns Hopkins University (JHU) and MedStar Union Memorial Hospital. • 3-minute walk from a JHU shuttle stop that makes stops at the main university campus, Penn Station, Johns Hopkins Hospital, and the Peabody Institute of the Johns Hopkins University. • Close proximity to neighboring areas such as Old Goucher, Hampden, and Station North. • Major area employers nearby: MedStar Union Memorial Hospital, JHU, University System of Maryland. • Major area colleges nearby: JHU, Maryland Institute College of Art (MICA), Loyola University of Maryland, Morgan State University, University of Baltimore
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842 Park Ave
Little Italy, Baltimore, MD
Opportunity to Acquire a Gut-Renovated Asset in Mount Vernon. • Unit mix consists of (2) Studios, (6) 1 Br-1 Ba, and (1) 2 Br-1 Ba. • Current ownership completed a renovation of the property in 2014 which included unit renovations. • Typical apartment features consist of stainless steel appliances, wood cabinets, granite countertops, updated bathrooms, hardwood flooring, and in-unit washer/dryers. • Numerous capital projects have been completed including the installation of all new mechanical systems, refurbished windows, and preserved the historic details of the property. Additional Value-Add Potential Exists to Further Increase Revenue. • Implement a water reimbursement program upon renewal and/or new lease. • Ability to further increase rents based on comparable properties in the area that have undergone renovations. • Increase parking rent to $150 as off-street parking is a highly sought after amenity of city living. Excellent Location in Historic Mount Vernon; 5 Minute Walk Away from UMMC. • Ranked a Walker's Paradise by WalkScore, just steps away from dining, retail, and cultural attractions. • Close proximity to Downtown Baltimore and Inner Harbor. • Major area employers nearby: University of Maryland Medical Center Midtown Campus (UMMC), Agora Financial, Mercy Medical Center. • Major area colleges nearby: Peabody Institute of the Johns Hopkins University, University of Baltimore, Maryland Institute College of Art (MICA)
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2815 St Paul St
2815 Saint Paul St
Charles Village, Baltimore, MD
Building Size:2,982SF
Sale:
$575,000
$575,000
2,982SF
1208 St Paul Street
1208 Saint Paul St
Mid-Town Belvedere, Baltimore, MD
Lot Size:0.01Acres
Large prominent town home with 5 self contained units
Sale:
$1,800,000
$1,800,000
0.01Acres
708 Park ave
708 Park Ave
Mount Vernon, Baltimore, MD
Building Size:9,025SF
Exquisite 6-unit Mt.Vernon Victorian townhome. Historically renovated & Architecturally stunning 4,208 sf owners apartment with private courtyard, patio, built-in barbecue, guesthouse, 2-car garage. 13~ ceilings, Chef's kitchen w/ marble island, high end appliances, built-in library, 8 decorative fireplaces, marble spa baths.w/ 5 additional luxurious apts. Featured in House of Cards 2017.
Sale:
$2,350,000
$2,350,000
9,025SF
1303 N Charles St
Mid-Town Belvedere, Baltimore, MD
Building Size:4,544SF
Sale:
$890,000
$890,000
4,544SF
Mt Vernon's top broker
106 E Chase St
Mid-Town Belvedere, Baltimore, MD
Building Size:60,000SF
Mt Vernon---Midtown Baltimore---Every Maryland County Apartment Buildings, Office buildings, Self storage facilities, Restaurants and Hotels IF YOU WANT YOUR PROPERTY LISTED OR SOLD CALL ME!
Sale:
$6,000,000
$6,000,000
60,000SF
1037 Saint Paul Street
Mount Vernon, Baltimore, MD
Rare Opportunity to Acquire a Heavy Value Add Deal in Historic Mount Vernon. • Fully vacant building with unique floor plans. • Garage with parking on site. • Light demolition and minor plumbing updates have been completed. • Ability to explore 10 yr CHAP Tax Credit Opportunity . Excellent Location in Mount Vernon. • Ranked a Walker's Paradise by WalkScore; just steps away from dining, retail, and cultural attractions. • Close proximity to Downtown Baltimore and the Inner Harbor. • Major area employers nearby: University of Maryland Medical Center (UMMC) Midtown Campus, Social Security Administration, Mercy Medical Center. • Major area colleges nearby: University of Baltimore, Maryland Institute College of Art (MICA), Peabody Institute of the Johns Hopkins University
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906 N Calvert
Inner Harbor, Baltimore, MD
Rare Opportunity to Acquire a Heavy Value Add Deal in Historic Mount Vernon . • Fully vacant building with spacious floor plans. • Light demolition and minor plumbing updates have been completed. • Ability to explore 10 yr CHAP Tax Credit Opportunity . Excellent Location in Mount Vernon. • Ranked a Walker's Paradise by WalkScore; just steps away from dining, retail, and cultural attractions. • Close proximity to Downtown Baltimore and the Inner Harbor. • Major area employers nearby: University of Maryland Medical Center (UMMC) Midtown Campus, Social Security Administration, Mercy Medical Center. • Major area colleges nearby: University of Baltimore, Maryland Institute College of Art (MICA), Peabody Institute of the Johns Hopkins University
Lease:
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706 Park Ave
Charles North, Baltimore, MD
Rare Opportunity to Acquire a Heavy Value Add Deal in Historic Mount Vernon . • 7 Vacant units which allow for work to begin immediately. • Light demolition and minor updates have been completed. • Ability to explore 10 yr CHAP Tax Credit Opportunity . • Diverse unit mix along a prominent corridor . Excellent Location in Mount Vernon. • Ranked a Walker's Paradise by WalkScore; just steps away from dining, retail, and cultural attractions. • Close proximity to Downtown Baltimore and the Inner Harbor. • Major area employers nearby: University of Maryland Medical Center (UMMC) Midtown Campus, Social Security Administration, Mercy Medical Center. • Major area colleges nearby: University of Baltimore, Maryland Institute College of Art (MICA), Peabody Institute of the Johns Hopkins University
Lease:
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Midtown Inn
723 Saint Paul St
Mount Vernon, Baltimore, MD
Building Size:12,000SF
This stately 5 Story building is currently operating as an economy 21-room hotel with mangers unit, laundry facilities and common area. Potential to convert to 1-BR and efficiency apartments. Adding on to the footprint will add another 5000 Sf to the current 12000 Sq Feet. Property needs upgrading. Convenient to Peabody and Mt Vernon Square
Sale:
$1,700,000
$1,700,000
12,000SF
119-121 West Saratoga Street
Downtown, Baltimore, MD
Building Size:12,639SF
This property is conveniently located near Mt. Vernon in a bustling downtown Baltimore location. The property has easy access to many Baltimore City neighborhoods such as Mount Vernon, Bromo Arts District, Downtown Baltimore, the Central Business District, and the Inner Harbor. In addition the property is located just steps away from the Royal Farms Arena, University of Maryland Medical Campus and graduate schools, and Camden Yards. The downtown location offers easy access to 295, 395, and other major Baltimore City thoroughfares. 119 - 121 W Saratoga St. presents an excellent opportunity for a real estate investor or developer to add significant value to an existing, and partially occupied, 13-unit mixed-use building. The property features 11 one-bedroom units and 2-retail units. All tenants are currently on month-to-month leases which allows for investors/developers to make renovations immediately upon closing. The property may have the potential for historic and CHAP property tax credits. Units feature open layouts. Same ownership for over 30-years.
Sale:
$750,000
$750,000
12,639SF
2105-2111 Maryland Avenue
Charles North, Baltimore, MD
Building Size:16,878SF
4 Contiguous mixed use multi-family investment properties located just North of the Maryland Institute of Art. 4 First floor commercial units plans. 6 residential apartments generating over $100k of gross revenue with 6 parking spaces in back/
Sale:
$675,000
$675,000
16,878SF
Washington Street Apartments
207 S Washington St
Upper Fells Point, Baltimore, MD
Building Size:4,090SF
Washington Street Apartments are located in the Southeast Baltimore neighborhood of Fells Point. Established in 1763, this historic neighborhood contains an abundance of boutiques, bars, restaurants, and live music that are accented with beautiful cobblestone streets. This prominent neighborhood is nestled on the outer harbor and roughly just two miles from Baltimore's downtown district. With a Walk Score of 98, this neighborhood is ranked a "Walker's Paradise". The neighborhood sits adjacent to the premier waterfront neighborhoods of Canton and Harbor Point. At the conclusion of development, Harbor Point will feature three million square feet of mixed-use space on twenty-seven acres, including nine and a half acres of waterfront parks. The top employer of the area is the world-renowned Johns Hopkins Hospital, which is separated by just a few blocks from the subject property. Johns Hopkins has sat comfortably as the top-ranked hospital in the nation, per US News & World Report, for the past 22 years and employs 19,340 people. In addition, Johns Hopkins also has four graduate schools located in the area: the School of Medicine, School of Nursing, Bloomberg School of Public Health, and Carey School of Business. Kennedy Krieger is another major employer of the area, employing roughly 2,417 individuals. Krieger is an internationally recognized institution which seeks to improve the lives of children and adults with developmental disabilities. Other major employers in the area include Exelon, H&S Bakery, and Laureate Education. Washington Street Apartments, located at 207 South Washington Street, represent an opportunity to acquire a 2016 gut renovated, turn-key asset in desirable Upper Fells Point. The property is comprised of (2) 1 Br-1 Ba units and (2) 2 Br-2 Ba units with an average rent of $1,600. Each unit contains an open living space with new hardwood floors, carpeted bedrooms, ceramic tile bathrooms, modern kitchens with granite counter tops and stainless steel appliances, in-unit laundry, central HVAC, and a rooftop deck for tenant use. The property has updated electric and plumbing and replacement vinyl windows. Certified lead-free property.
Sale:
$699,000
$699,000
4,090SF
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Market Stats
Baltimore has 1,583 commercial real estate spaces for lease, representing 14,067,991 sqft space.
497 buildings are available for sale.
In the past 30 days, Baltimore has had 66 spaces leased.
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