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1303 N Charles Street is a six-unit mixed-use property located in the vibrant Midtown neighborhood of Baltimore. This fully renovated property consists of five residential units and one ground-floor retail space, complemented by two private parking spaces at the rear. Each residential unit has been updated with modern finishes, including granite countertops, laminate flooring, white shaker cabinets, and in-unit washers and dryers. The property features individual split heating and cooling systems in the residential units, while the basement and retail space benefit from central HVAC. All systems, including a two-year-old roof, are relatively new, ensuring efficient operations and tenant satisfaction. The property’s location is ideal for attracting both residential and commercial tenants. It is situated directly across from the University of Baltimore (3,288 students) and within 0.5 miles of MICA (1,952 students). Tenants also enjoy unparalleled convenience with nearby amenities such as Starbucks, Chipotle, and local favorites like Turp’s Sports Bar & Restaurant. Just 0.2 miles from Baltimore Penn Station and directly off the I-83 highway, the property provides easy access to Washington, D.C., and New York, making it highly appealing to professionals and students alike. The proximity to cultural landmarks, including the Joseph Meyerhoff Symphony Hall, adds to the area’s vibrancy. From a financial perspective, the property offers significant upside. Currently 83% leased, there is an opportunity to increase rents by 23.5% to meet market rates, leveraging its high-quality renovations and prime location. Additionally, buyers can assume existing debt with a competitive 5.8% interest rate, an attractive option in today’s high-rate environment. Located within the CHAP Historic Tax Credit zone, the property also offers potential tax savings for future renovations, further enhancing its value as a long-term investment. 1303 N Charles Street is an exceptional opportunity for investors seeking stable income and growth potential in a sought-after urban location. You can visit our website: https://midfieldre.com/exclusive-listings/#/1303-n-charles-st-baltimore-md-21201 #realestateinvesting #realty #realestateproperties #properties #realtor #house #forsale #realestateinvestment #realestateadvice #realestateagent #realestatebroker #homeownership #realestateagentlife #realtybroker #residential #propertiesforsale #investments #baltimore #maryland #baltimorecounty
6 Unit Mixed-Use Multifamily Building in Downtown Baltimore
This offering presents an exceptional investment opportunity at 2926 Christopher Avenue and 6110 Harford Rd, Baltimore, MD 21214. Situated on a corner lot, the property consists of 6 units: 5 residential units, 1 storefront retail unit, and is currently renting garage space for 2 additional parking spaces. All units are contained within a single building across two addresses, with a bus stop conveniently located directly in front, providing tenants with easy access to public transportation. Strategically located within an Enterprise Zone in Baltimore, this property offers potential tax incentives and benefits for investors. It is near Morgan State University, the vibrant Hamilton-Lauraville Main Street, and major shopping destinations such as Northwood Commons. Additionally, grocery stores like Safeway and Aldi are nearby, and Baltimore’s top employers, including Johns Hopkins University and Hospital, are just a short drive away.
6 Unit Mixed-Use Corner Property Near Morgan State University
The property at 1 Willard St, Baltimore, MD 21223, presents an exceptional opportunity for industrial, commercial, or potential multifamily development. There's a possibility to rezone the property for multifamily use, opening the door for projects like senior housing or affordable housing. Strategically positioned with direct access to major transportation routes, the property’s robust infrastructure supports diverse operations, including manufacturing, warehousing, and distribution. A key advantage is its location within Baltimore’s Enterprise Zone, offering significant tax incentives, including a 10-year real property tax credit on improvements and income tax credits for job creation. These incentives can dramatically reduce operating costs for businesses or developers. Moreover, the property is part of several transformative neighborhood plans, such as the West Baltimore MARC Station Transit-Oriented Development (TOD) Plan, which enhances regional connectivity and accessibility for local workers. The Frederick Elementary School INSPIRE Plan is focused on neighborhood improvements, contributing to a vibrant community that could increase property values. The Southwest Partnership Vision Plan aims to revitalize the area, making this property a prime candidate for businesses or developers looking to be part of a broader community renewal effort. With these strategic advantages, and the possibility of multifamily development, this property is ideally positioned for growth, whether for industrial purposes or innovative housing solutions.
IMU-1 Zoning Developments: Mixed-Use Opportunities in Baltimore
6515 Belair Road, Baltimore, MD 21206, is a strategically located commercial property offering approximately 25,000 SF of retail space along Belair Road, a prominent thoroughfare in Baltimore. The property boasts several parking spaces, 180 feet of frontage on Belair Rd, and features including pylon signage availability, a 15-foot entrance fronting Belair Rd, and 90 feet of display windows along Belair Rd. Situated across from the United States Postal Office and amidst a blend of residential and commercial developments, the property benefits from its good location along this busy road, ensuring high visibility and easy accessibility via major transportation routes, with nearby banks and ATMs enhancing convenience for tenants and customers. Currently leased by No Limit Incorporated, the property enjoys stable occupancy rates and reliable rental income, making it an attractive investment opportunity with potential for further value enhancement through strategic renovations or lease optimization.
6515 Belair Road Baltimore, MD 21206
This 27-unit mixed-use property offers an exceptional investment opportunity, with an 11.6% cap rate from day one. Currently, the property has both vacant units and under-market rents, allowing new ownership to raise income and further enhance returns. With untapped potential for rental growth, this property presents an immediate opportunity to add value. Located near major transit lines, this property enjoys close proximity to prominent institutions, including Loyola University Maryland, Johns Hopkins University, Johns Hopkins Hospital, and MedStar Union Memorial Hospital, which strengthen tenant demand. The area is also rich with conveniences such as major banks like PNC Bank, Wells Fargo, and Bank of America, as well as nearby shopping destinations like The Rotunda Shopping Center and Towson Town Center. The building itself is two stories, featuring both retail and office spaces, with dedicated parking in the back. Recent upgrades include a newly updated roof, ensuring low maintenance needs for years to come. Additionally, the property benefits from the Enterprise Zone designation, offering valuable tax advantages to the future owner.
High-Return Investment Opportunity on 5900 York Road
Located along the busy 6200 Harford Rd in Baltimore, MD 21214, this property offers two units with established long-term tenants. This setup ensures stable, predictable income, with tenants covering property taxes and insurance, reducing financial responsibilities for the owner. Both units are backed by secure long-term leases, lowering vacancy risks and enhancing revenue stability. The property also features an existing curb cut, providing easy access for vehicles and enhancing its commercial appeal. Additionally, it is situated within an Enterprise Zone, offering potential tax incentives and benefits that can further improve the financial outlook for investors. With a location on a high-traffic road, the property enjoys excellent visibility and easy access, attracting a diverse customer base. Nearby banks and ATMs add further convenience for tenants and customers, supporting the growth potential for businesses in the area. In summary, 6200 Harford Rd presents a solid investment opportunity, combining stable lease income, convenient vehicle access with its curb cut, tax benefits from its Enterprise Zone status, and strategic high-visibility location, making it a desirable option for investors seeking consistent returns in the Baltimore market.
Investment Property for Sale with Long-Term Tenants and Enterprise Zone Benefits
201 Milford Mill Rd offers impressive returns with an estimated 8.2% cap rate on day one. With the potential to further increase income by adjusting rents on under-market units, there are numerous opportunities for value-add. For example, a recently turned unit now has a long-term tenant paying $2,200, up from $1,800. Additionally, the property allows flexibility for an owner-user to take over tenant spaces as leases expire or subdivide larger units to maximize rental income. Located in the sought-after area of Pikesville in Baltimore County, this property benefits from an array of amenities that appeal to tenants and employees alike. Nearby ATMs and branch services from Capital One and Wells Fargo enhance convenience, while easy access to shipping centers facilitates efficient package handling. Dining options such as The Silk Road Bistro, First Watch, and Applebee's Grill + Bar, along with nearby supermarkets like Seven Mile Market, Target, and Giant Food, add to the appeal. Additionally, the property is well-connected to public transit, with nearby subway stations (Old Court Metro, Milford Mill Metro, Rogers Ave Metro) and bus stops. Built in 1989, 201 Milford Mill Rd is a two-story building equipped with an active elevator, providing convenient access across floors. Recent roof updates, ensuring minimal future maintenance needs. Each unit has separate electric meters, along with a common meter, offering tenants control over their usage. The building sits on an expansive 55,000-square-foot lot with ample parking. Notably, the property is all-electric, with no gas utilities, streamlining utility management and costs.
Milford Mill Professional Building offered at ~8.2% Cap
Nestled within the dynamic Charles Village neighborhood, adjacent to Johns Hopkins University, 2800 N Calvert in Baltimore presents itself as a notable three-story multi-family property. The strategic benefit of its close proximity to Johns Hopkins University, a well-regarded educational institution, significantly adds to its allure. This advantageous location positions the property to consistently attract potential tenants, ensuring a dependable occupancy rate and a steady stream of rental income. This property emerges as a compelling investment opportunity; the combination of its strategic location and the potential for substantial returns makes it an attractive choice for savvy investors. Currently boasting 100% occupancy, a garage with two parking spaces offers potential increased income, and an on-site washer and dryer facility further enhances its appeal. With efficient management practices and strategic leasing enhancements, the property can increase rents by 100%. This property stands out as an appealing option for investors seeking both stability and significant financial returns in this highly sought-after locale. Its historical charm, coupled with its advantageous position, makes it a promising investment for those looking to capitalize on the real estate market in the area.
Value add multi-family with 9 units near Johns Hopkins University
Situated in the heart of Baltimore, 316 N Paca St is a three-story multi-family building offering an outstanding investment opportunity. It is within walking distance to major institutions like the University of Maryland and a short drive from other major universities such as Johns Hopkins University and MICA. The property is also near major employers, including prominent healthcare facilities such as the University of Maryland Medical Center and Mercy Medical Center. Residents can enjoy shopping at the historic Lexington Market, as well as a variety of retail and dining options at Harborplace & The Gallery and The Shops at Canton Crossing. The property is also well-connected, with quick access to Interstate 95 (I-95) and Interstate 83 (I-83). Additionally, it is only a few blocks away from Oriole Park at Camden Yards and M&T Bank Stadium, the homes of the Baltimore Orioles and the Baltimore Ravens, respectively. The building features four studios, three 1-bedroom, 1-bathroom units, and one 2-bedroom, 1-bathroom unit, with the potential to increase rents by 22%. The proximity to major entertainment venues boosts demand for rental properties, leading to higher occupancy rates and rental income. Additionally, properties in such desirable locations often experience appreciation in value over time, presenting opportunities for capital gains for investors.
8-unit multifamily near University of Maryland
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