1300 Blk of N Charles St, Baltimore, MD 21202
Description
- 1300 Blk of N Charles St, Baltimore, MD 21202 6 UNITS MULTI-FAMILY1Beds/1Bath
Asking Price: 900,000
Built in 1900 – 4245Sq Ft
MID-TOWN BELVEDERE. Prime Location: Situated in the heart of Baltimore, this property offers easy access to amenities and services. Close to renowned universities like the University of Baltimore, MICA, and Johns Hopkins University, it presents an excellent opportunity for student housing or attracting faculty members. Convenient access to major highways like I-83 enhances accessibility. Nearby coffee shops and grocery stores foster a vibrant community atmosphere.Assumable Debt at Attractive Rate: The property comes with an assumable debt option at a competitive interest rate of around 5.5%, offering potential cost savings and favorable financing terms for investors.
Opportunity for Rental Income Growth: Recent renovations have temporarily impacted occupancy rates, but they present an opportunity for future rental income growth. With strategic marketing and positioning, the improved units can attract higher-quality tenants, maximizing returns for investors.
Address
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Address 1300 Blk of N Charles St, Baltimore, MD 21202
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Country United States
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City/Town DMV
Overview
- Property ID 12098
- Price $900,000
- Property Type Apartments Buildings
- Bedrooms 1
- Bathrooms 1
- Year Built 1900
- Size 4,545 SqFt
- Label SOLD
Contact
Patriarch Property MGMT LLC.
443 - 741 - 2308
salesproperties@gopatriarch.com