3912 W Northern Pkwy, Baltimore, MS 21215
Hilltop Gardens Apartments
Property Qualities
3912 W Northern Parkway, branded as Hilltop Gardens
Apartments, is a garden-style multifamily complex
built in 1962, comprising 50 units across five low-rise
buildings totaling approximately 42,920 sq ft. The
unit configuration includes 20 one-bedroom units
(~564 sq ft) and 30 two-bedroom units (~932 sq ft).
Typical apartments feature a mix of hardwood and
tile floors (upper floors), carpet and tile (basement
units), drywall walls and ceilings, and individual units
equipped with gas-fired forced-air heating, central air
conditioning, and gas hot water heaters, with separate
utility metering for gas and electric . Communal amenities
include on-site laundry, controlled entry, ample parking,
and a property layout that supports pets under a pet-
friendly policy.
Financial Highlights
Hilltop Gardens Apartments at 3912 W Northern
Parkway generates a strong rental income profile, with
a gross potential annual rent of nearly $500,000 and current actual income estimated at
approximately $480,000 per year. The property maintains healthy occupancy and steady
rent collections, supported by unit-level rents that average between $1,150 and $1,250 per
month for one- and two-bedroom layouts.
Location Highlights
The property benefits from proximity to major commuter routes such as Reisterstown Road and I-83, providing easy access to surrounding job centers and city hubs. Public transit options, including the Reisterstown Plaza Metro Station, are just a short distance away.
For shopping and daily conveniences, Reisterstown Road Plaza (0.6 miles) and Northwest Plaza (1 mile) provide multiple retail and grocery options, including The Home Depot and ShopRite. Residents also have access to quality education institutions, with Baltimore City Community College (1.5 miles) and Coppin State University (2.8 miles) nearby. Healthcare needs are met by Sinai Hospital, located just 1.7 miles from the property.
This property represents an excellent investment with strong rental performance, efficient operations, and an attractive location that offers tenants both convenience and accessibility.
- Investment Highlights -
50 Units Across 5 Buildings
Garden-style multifamily complex with 20 one-bedroom and 30 two-bedroom units.
Ideal Unit Mix
One-bedroom units (~564 sq ft) and two-bedroom units (~932 sq ft) to meet diverse tenant needs.
Well-Maintained Units
Units feature a mix of hardwood and tile floors (upper floors), carpet and tile (basement units), and gas-fired heating and hot water systems.
Strong Rental Income
Gross potential annual rent of nearly $500,000 with estimated actual income of approximately $480,000 per year.
Separate Utility Metering
Each unit has its own meter for gas and electricity, allowing for efficient utility management.
Ample Amenities
On-site laundry, controlled entry, and abundant parking, enhancing tenant convenience.
Pet-Friendly
Property layout supports a pet-friendly policy, attracting a broader tenant pool.
Prime Location
Convenient access to major commuter routes, public transit, shopping, dining, healthcare, and educational institutions like Coppin State University and Sinai Hospital.