1503 Eutaw Pl | Baltimore, MD 21217
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1503 Eutaw Pl
Baltimore, MD 21217
Auction - 1503 Eutaw Place | 87.5% Occupied · Multifamily Property For Sale
·
8 Units
Investment Highlights
- STARTING BID $150,000 | 87.5% Occupied | $40K NOI | AUCTION JUNE 23-25, 2025
- $40K NOI with Upside: Significant potential to increase NOI through unit upgrades and mark-to-market rent adjustments.
- Strong Rental Demand: Proximity to institutions, transit, and amenities supports long-term leasing stability and occupancy.
- 87.5% Leased Mixed-Use Asset: 7 residential units and 1 commercial unit offering immediate in-place cash flow.
- Desirable Urban Location: Located on Eutaw Place in the Bolton Hill/Mount Vernon area—close to downtown, MICA, and University of Maryland Medical Cent
- Mixed-Use Flexibility: Basement-level commercial space adds tenant diversification and additional income stream.
Property Facts
| No. Units | 8 | Building Size | 4,200 SF |
| Property Type | Multifamily | Average Occupancy | 88% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1900 |
| Building Class | C | Parking Ratio | 1.19/1,000 SF |
| Lot Size | 0.07 AC | ||
| Zoning | Y020 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 4,200 SF |
| Average Occupancy | 88% |
| No. Stories | 3 |
| Year Built | 1900 |
| Parking Ratio | 1.19/1,000 SF |
| Zoning | Y020 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | - | - |
| 1+1 | 6 | - | - |
Property Taxes
| Parcel Number | 0366-002 | Improvements Assessment | $523,200 |
| Land Assessment | $100,000 | Total Assessment | $623,200 |
Property Taxes
Parcel Number
0366-002
Land Assessment
$100,000
Improvements Assessment
$523,200
Total Assessment
$623,200
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