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214 E Biddle St
Baltimore, MD 21202
Immeuble residentiel Propriété À vendre
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6 Unités


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Faits saillants de l'investissement
- Opportunity to Acquire Gut-Renovated Asset in Mount Vernon
- Excellent Location in Mount Vernon; 7 Minute Walk to University of Baltimore Campus
- Multiple Value-Add Possibilities Still Exist For a New Owner
Résumé de l'annonce
Harbor Stone Advisors is pleased to present 214 E Biddle, a gut-renovated asset located in Historic Mount Vernon. The property is a 7 minute walk from University of Baltimore and a half mile from UMMC Midtown Campus. 214 E Biddle is also a 10 minute walk to Penn Station, which is under going $150 million worth of renovations over the next several years.
The property features 6 apartments with a unit mix of (1) Studio and (5) 1 Br-1 Ba units. Current ownership completed a comprehensive gut renovation in 2013 which included updating the apartments as well as the plumbing and mechanical systems. Typical unit features include white appliances, formica counter tops, tile/carpet/hardwood floors, and wood cabinets. All but 1 unit are project-based NEDs (Non Elderly Disabled), with the contract expiring in October 2029.
The opportunity exists for a new owner to either renew the NED contract or convert all units to market upon expiration. There is also an ability to perform a light unit renovation upon turn with a suggested scope of updated appliances and modern hardware/fixtures.
The property features 6 apartments with a unit mix of (1) Studio and (5) 1 Br-1 Ba units. Current ownership completed a comprehensive gut renovation in 2013 which included updating the apartments as well as the plumbing and mechanical systems. Typical unit features include white appliances, formica counter tops, tile/carpet/hardwood floors, and wood cabinets. All but 1 unit are project-based NEDs (Non Elderly Disabled), with the contract expiring in October 2029.
The opportunity exists for a new owner to either renew the NED contract or convert all units to market upon expiration. There is also an ability to perform a light unit renovation upon turn with a suggested scope of updated appliances and modern hardware/fixtures.
Faits sur la propriété
| Prix par unité | 139 310 $ CAD | Classe d’immeuble | C |
| Type de vente | Investissement | Taille du lot | 0,04 AC |
| Taux de capitalisation | 7,90% | Taille du bâtiment | 3 259 pi² |
| Nombre d’unités | 6 | Occupation moyenne | 100% |
| Type de propriété | Immeuble residentiel | Nombre d’étages | 3 |
| Sous-type de propriété | Appartement | Année de construction/rénovation | 1900/2013 |
| Style d’appartement | De faible hauteur | ||
| Zonage | OR-2 | ||
| Prix par unité | 139 310 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 7,90% |
| Nombre d’unités | 6 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 0,04 AC |
| Taille du bâtiment | 3 259 pi² |
| Occupation moyenne | 100% |
| Nombre d’étages | 3 |
| Année de construction/rénovation | 1900/2013 |
| Zonage | OR-2 |
Commodités
Commodités des unités
- Climatisation
- Micro-ondes
- Chauffage
- Planchers de tuiles
- Planchers de bois franc
- Réfrigérateur
- Bain/Douche
- Tapis
Commodités du site
- Installations de lessive
- Salle de bain privée
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