• 871 Hollins Street BALTIMORE, MD 21201

  • $395,000
  • 0
    Bed(s)
  • 0
    Baths
  • 3,330
    Sq Ft
  • 1200
    Sqft

Opportunity to Increase Rents Through Apartment Upgrades. Located 600′ From the University of Maryland BioTech Park, Employing Over 1,000 Highly Educated Professionals Seeking Housing Nearby their Place of Employment, and Just 3 Blocks Away from the University of Maryland, Whose Student Body of 6,300+ Graduate Students Creates High Demand for Housing.The first-floor apartment spans two stories, with access on both the first and second floors for tenants to easily move in and out, connected on the interior with a spiral staircase. With three large bedrooms and two bathrooms, this unit is highly desirable for educated professionals seeking housing near world-renowned educational facilities. The kitchen features a 30″ gas stove, laminate countertops, and wood cabinets. This unit comes with a stacked, in-unit washer and dryer for added convenience. Second and third-floor apartments have 30″ electric stoves, laminate countertops, and wood cabinets. All bathrooms have steel or fiberglass tubs with fiberglass or vinyl tub surrounds and modern vanities. The first-floor apartment has a Gibson gas-fired furnace with central air conditioning. The second and third floor apartments have electric baseboard heat, and tenants supply their own window air conditioners. A central 2021 Rheem 30-gasllon gas fired serves the building. The landlord currently pays for heating and water and sewer service; a utility bill-back service could significantly improve cash flow. All observable interior water supply lines are copper; observable drain lines are PVC. Tenants in this Hollins Market investment property enjoy living in “one of the most convenient areas of the City,” according to LiveBaltimore.com. Martin Luther King Jr Boulevard provides access to most major connections for traveling in and around the Baltimore metro area. BWI Airport and Penn Station can both be accessed within a 20 minute drive. The B&O Railroad Museum, a popular tourist destination and event venue, is 3 blocks southwest. The area’s close proximity to the BioPark and University of Maryland Graduate Schools ensures consistently high rental demand due to the ongoing expansion of educational facilities.

Property Type :

Multi-Family

County :

BALTIMORE CITY

Style :

Multi-Family

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Property Details

 

Water/Sewer

Water Source : Public

Heating & Cooling

Cooling: Central A/C,Window Unit(s)

Heating: Baseboard - Electric,Forced Air

Cooling Fuel: Electric

Heating Fuel: Natural Gas,Electric

Building Information

Year Built: 1900

Structure: Interior Row/Townhouse

New Construction: No

Total Units: 1

Built: 1900

Construction Material: Brick

Foundation/Basement: Stone

Architecture: Converted Dwelling

Pool/Private: No Pool

Pool Information

Pool: No Pool

Utility Features

Sewer: Public Sewer

Water

Water Heat: Natural Gas

Lot Information

Lot Size: 1,200

Lot Size (Acres): 0.03

Architectural Style: Converted Dwelling

Main Square Feet: 1,200

Property Information

SQ ft: 4,440

SQ ft (Living Area): 3,330

Total Lot SQ ft: 1,200

Total Acreage: 0.03

New Construction: No

Type: Converted Dwelling

Listing Information

Possession: Settlement,Subject to Existing Lease

Days Of Market: 14

Tax Information

Annual Tax: $5,050

Tax Year: 2024

Total Taxes Payment Frequency: Annually

Possession

Settlement,Subject to Existing Lease

Assessment Information

Taxes Assessment Amount: $228,467

Parking Information

Total Parking Spaces: 0

Parking Type: None

Has Garage: N

Homeowners Association Information

Direction: GPS

School Information

School District: BALTIMORE CITY PUBLIC SCHOOLS

Utility Information

Water Source: Public

Sewer: Public Sewer

Cooling Fuel: Electric

Heating Fuel: Natural Gas,Electric

Hot Water: Natural Gas

Location Information

Direction: GPS

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
845 N Howard Street , Baltimore, MD,21201 $350,000 3 2.0 3,234 1000 Sqft
503 W Lexington Street , Baltimore, MD,21201 $315,000 1 1.5 1,534 602 Sqft
10 W Madison Street #1, Baltimore, MD,21201 $249,000 2 1.5 1,397 --
1209 N Charles Street N.., Baltimore, MD,21201 $294,999 1 1 1,466 --
1105 Myrtle Avenue , Baltimore, MD,21201 $259,000 4 2.0 1,980 --
108 W Saratoga Street , Baltimore, MD,21201 $1,200,000 -- -- 4,055 3875 Sqft
832 Edmondson Avenue , Baltimore, MD,21201 $309,900 3 3.0 2,280 --
7 W Biddle Street #7A, Baltimore, MD,21201 $164,000 1 1 666 --
1019 Cathedral Street , Baltimore, MD,21201 $1,250,000 2 2.5 5,601 3075 Sqft
629 Paca Street N, Baltimore, MD,21201 $210,000 3 1.0 -- 707 Sqft

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 05/21/2024 @ 20:54

MLS: MDBA2123424
LISTED BY: Will A Cannon III , Ben Frederick Realty, Inc.
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: Compensation based on net sales price.

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