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300 N Charles St
Baltimore, MD 21201
The Residences at 300 N Charles · Multifamily Property For Sale
·
42 Units
PROPERTY FACTS
| No. Units | 42 | Lot Size | 0.20 AC |
| Property Type | Multifamily | Building Size | 42,255 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Mid-Rise | No. Stories | 5 |
| Building Class | B | Year Built/Renovated | 1875/2001 |
| Zoning | C-5HT - Mixed-use commercial zoning; supports office, retail, and residential uses (as implied by the creative office and ADA-compliant suite layout). | ||
| No. Units | 42 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.20 AC |
| Building Size | 42,255 SF |
| Average Occupancy | 100% |
| No. Stories | 5 |
| Year Built/Renovated | 1875/2001 |
| Zoning | C-5HT - Mixed-use commercial zoning; supports office, retail, and residential uses (as implied by the creative office and ADA-compliant suite layout). |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
SITE AMENITIES
- Laundry Facilities
- Security System
- Wheelchair Accessible
- Wi-Fi
- Elevator
- Maintenance on site
- Public Transportation
ABOUT 300 N CHARLES ST , BALTIMORE, MD 21201
The Residences at 300 N Charles provides a unique opportunity to acquire a historically significant, gut renovated asset on one of downtown Baltimore's best blocks. The subject property is comprised of 39 loft style apartments and 3 street level commercial spaces. The apartments have a unit mix of (31) 1 Br-1 Ba, (4) 2 Br-1 Ba and (4) 2 Br-1.5 Ba. The commercial spaces include national retailers 7-11 and Subway, and Baltimore City Dental Group. Value add potential to update kitchens with granite counters, stainless steel appliances, refinished cabinets and new flooring. Similar units are renting at 330 N Charles for a 15+% rental premium. Further implementation of water reimbursement programs represents additional revenue opportunity. Originally a downtown YMCA, 300 N Charles was subject to a comprehensive gut renovation in 2001. The historic facade was restored and 36 unique loft style apartments were created. 3 additional apartments (101, 102, 103) are under construction to be delivered in the spring of 2018. Each unit is self-contained with its own central heating/air unit and hot water heater. Typical unit features include high ceilings, hardwood floors, kitchens with formica counters and dishwasher, ceramic tile baths, washer/dryer, walk in closets and large windows. Private lobby and gallery space. 2 elevators service the property.
PROPERTY TAXES
| Parcel Number | 0580-021 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $5,794,333 |
PROPERTY TAXES
