11-15 E Saratoga St
Baltimore, MD 21202
The Daily Record Building · Multifamily Property For Sale
·
20 Units
Property Facts
| No. Units | 20 | Lot Size | 0.13 AC |
| Property Type | Multifamily | Building Size | 18,360 SF |
| Property Subtype | Apartment | Average Occupancy | 75% |
| Apartment Style | Mid-Rise | No. Stories | 4 |
| Building Class | C | Year Built/Renovated | 1900/2018 |
| Zoning | C-5-DC | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 18,360 SF |
| Average Occupancy | 75% |
| No. Stories | 4 |
| Year Built/Renovated | 1900/2018 |
| Zoning | C-5-DC |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Pet Play Area
- Walk-Up
- Smoke Detector
About 11-15 E SARATOGA ST , BALTIMORE, MD 21202
The Daily Record Building represents an opportunity to acquire a recently delivered 20 unit multifamily property in Downtown Baltimore. The building previously served as an office building for the Daily Record Newspaper and was subject to a comprehensive conversion project. The asset has a unit mix of (4) Studios, (12) 1 Br-1 Ba, and (4) 2 Br-1 Ba. Typical units feature granite and / or custom refinished wood counters and islands. PVC laminate flooring, ceramic tile in bathrooms, stainless steel appliances, microwaves, laundry in unit, and mini split heating and cooling. Average rents are 30% below other newly renovated nearby product, creating value-based living and ability for future rent growth. Currently in lease up phase with 50% occupancy.
Property Taxes
| Parcel Number | 0608-007 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,106,600 |
Property Taxes
