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520 S Caroline St
Baltimore, MD 21231
The Caroline · Multifamily Property For Sale
·
31 Units
PROPERTY FACTS
| No. Units | 31 | Lot Size | 0.18 AC |
| Property Type | Multifamily | Building Size | 30,000 SF |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 2022 |
| Building Class | A | ||
| Zoning | IMU-1 | ||
| No. Units | 31 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | A |
| Lot Size | 0.18 AC |
| Building Size | 30,000 SF |
| No. Stories | 5 |
| Year Built | 2022 |
| Zoning | IMU-1 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Heating
- Ceiling Fans
- Kitchen
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Freezer
- Island Kitchen
- Patio
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Concierge
- Courtyard
- Fitness Center
- Property Manager on Site
- Tenant Controlled HVAC
- Package Service
- Walking/Biking Trails
- Elevator
- Lounge
- Maintenance on site
ABOUT 520 S CAROLINE ST , BALTIMORE, MD 21231
The Caroline Apartment Development represents a rare opportunity to acquire a fully entitled development site in prominent Harbor East / Fell's Point. Plans and approvals are in place to develop 31 apartments and 2,000 SF of commercial space. The property is currently land with an existing vacant warehouse on site. Upon completion, the developer can take advantage of the Baltimore Development Corporation's 10 Year High Performance Market-Rate Rental Housing tax credit. Pre-paid items include: Architect and Engineering, City DA agreement, Civil Engineer, Fee in Lieu Water Management, Traffic Mitigation, Environmental Reports, Geo-Tech and BGE Supply Moved to Adjacent Lot. Parking agreement in place with neighboring garage to supply parking for residents. The location, where Fell's Point and Harbor East intersect, is one of the most prominent areas in Baltimore. The Caroline will give tenants the ability to live in a highly desirable area, while being more of a value than the larger institutional communities nearby.
PROPERTY TAXES
| Parcel Number | 1443-030 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $6,968,633 |
PROPERTY TAXES
