PROPERTY OVERVIEW
Built in 1969, Haddon House is a 10-unit community consisting of two-story townhomes. Set in a residential neighborhood, there are five nearby churches and a YMCA on the same block as the property metabolizing a vibrant atmosphere of community involvement. This suburban community in Northwest Baltimore features tree-lined streets and is a short commute to downtown employers and major highways.
The Property consists of ten 900-square-foot well-maintained two-bedroom-one-bathroom townhomes averaging $912 a month with central HVAC’s. Units are separately-metered for natural gas cooking and electricity with tenants paying for all utilities excluding water and sewer. All units feature wall-to-wall carpeting, while the Property boasts a newly paved parking lot.
Haddon House is located on one of the five corridors slated by the city for revitalization via the Leveraging Investments in Neighborhood Corridors Strategy (LINCS). The city’s initiative is set to improve community economic development,
transportation, housing, code enforcement, sanitation, public safety, and recreation including parks and public art. LINCS for Liberty Heights Avenue and Garrison Boulevard includes Liberty Heights Avenue from West Northern Parkway to Druid Hill Park, as well as the 2900 to 3400 blocks of Garrison Boulevard. The LINCS will apply downward pressure on inventory and yield higher rents for future ownership.
Commuters are less than three miles from the Baltimore Beltway (I-695), which allows easy access to major employers including the Social Security Administration, employing over 11,500, as well as LifeBridge Health, Coppin State University, Under Armour, T. Rowe Price, M&T Bank, and Exelon, which collectively provide jobs for more than 13,000 people. Nearby Metro stations Rogers Avenue and the Mondawmin Transit Center give residents’ access to numerous MTA bus lines as well as the Baltimore Metro Subway effectively connecting residents to BWI International Airport, Inner Harbor, Towson, and areas throughout the Greater Baltimore Region.
