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1303 N Charles St
Baltimore, MD 21202
Multifamily Property For Sale
·
6 Units
Investment Highlights
- Prime Location: Located in Midtown Baltimore, directly across from the University of Baltimore and 0.5 miles from MICA, ensuring strong rental demand.
- Energy-Efficient Systems: Individual split heating and cooling systems for residential units; central HVAC for the basement and retail space; all syst
- Transportation Access: Just 0.2 miles from Baltimore Penn Station and near the I-83 highway, offering easy access to Washington, D.C., and New York.
- Modernized Units: Fully renovated residential units with granite countertops, laminate flooring, white shaker cabinets, and in-unit washers and dryers
- Tax Credit Advantage: Located in the CHAP Historic Tax Credit zone, providing opportunities for significant tax savings on future renovations.
- Financial Upside: Current rents have a 23.5% growth potential to meet market rates, coupled with the ability to assume existing debt at a competitive
Property Facts
| No. Units | 6 | Lot Size | 0.04 AC |
| Property Type | Multifamily | Building Size | 4,245 SF |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 1900 |
| Building Class | C | ||
| Zoning | C-2 | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 4,245 SF |
| No. Stories | 5 |
| Year Built | 1900 |
| Zoning | C-2 |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Vinyl Flooring
- Quartz Countertops
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 700 |
Property Taxes
| Parcel Number | 0466-002 | Improvements Assessment | $418,000 |
| Land Assessment | $94,200 | Total Assessment | $512,200 |
Property Taxes
Parcel Number
0466-002
Land Assessment
$94,200
Improvements Assessment
$418,000
Total Assessment
$512,200
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