$385,000
Active
19 Days Online
0 Beds0 Baths3,628 SQFT
Active

869 Hollins Street Baltimore, MD 21201

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3 Blocks Away From University of Maryland, Whose Student Body of 6, 300+ Graduate Students Creates High Demand for Housing. 600′ From University of Maryland BioTech Park, Employing Over 1, 000 Highly Educated Professionals Seeking Housing Nearby Their Place of Employment. Opportunity to Increase Rents Through Apartment Upgrades. Hollins Market Neighborhood is Considered One of the “Most Convenient Neighborhoods in Baltimore City” By LiveBaltimore.com, with Easy Commuting for Both Landlords and Tenants. A large two-bedroom, two-bath apartment encompasses the entire first floor. New hardwood floors throughout the living space, and full kitchen with 30″ electric range, dishwasher, laminate counters and wood cabinets. Upstairs, the second and third floor each have a large studio apartment. Kitchenettes have laminate counters, wood cabinets, and either 20″ gas or electric ranges. All bathrooms have modern vanities, steel showers or tubs with vinyl enclosure. This Hollins Market investment property is heated by a central Columbia gas-fired hot water boiler with radiator distribution. Tenants supply their own window air-conditioning units. Tandem gas-fired water heaters serve the apartments: 2023 Rheem 50-gallon and 2018 Rheem4 0-gallon. The landlord does pay for hot and cold water. The property has 2 gas meters and three electric meters, with 300-amp electrical service to the building. The landlord pays the electric for 4 of the 5 apartments. A utility bill-back system would increase cash flow, passing through utility charges to tenants. A copper water main prevents the worry for an expensive replacement in the future. All interior water supply lines are copper, and all interior 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 TypeMulti-Family
  • NeighborhoodHollins Market
  • CountyBaltimore City
  • Taxes$6,089
  • HOA/Condo/Coop Fees$0
  • Days on Site18 Days
  • MLS StatusActive
  • MLS ID NumberMDBA2123468
  • Home Size Source Assessor
  • Year Built1900
  • Lot Size0.03 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Style Converted Dwelling
  • Construction Brick
  • Parking None
  • Sewer Public Sewer
  • Acreage 0.03
  • Water Public
  • Zoning R-8
  • Attached Garage No
  • Foundation Stone

Interior Features

  • Cooling Window Unit(s)Electric
  • Heating Forced AirNatural Gas
  • Fireplace No

Exterior Features

  • Spa No
  • Waterfront Property No

Schools

School District
BALTIMORE CITY PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$2,053
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