5,985 Sq Ft

Description of 1701 Linden, Baltimore, MD 21217

The Avalon, a 6 UNIT APARTMENT BUILDING in the heart of Bolton Hill. Each unit consists of 2 bedrooms and 1 bathroom. Units renovated and well maintained with very efficient floor plans (the Avalon was originally designed as an apartment building and is not a conversion). Separate Gas and Electric meters for all units. Wired for high speed internet. Lead certificates, fire alarm and fire standpipe plumbing system. New roof in 2018. $87,900 in annual gross income. $67,839 in net operating income. $7,325 in monthly scheduled rent. 100% occupied. $192 per square foot in average annual rent. Compelling Cap Rate. Record of near full occupancy, Stable historic financial performance. Eligible for CHAP and other tax credits. Value added upside. Class A location in Bolton Hill. Walk to MICA, University of Baltimore, Mount Royal, Penn Station and State Center. Tenant amenities included a laundry room, bicycle room, trash and recycling room. Ample resident parking in Bolton Hill. Neighborhood patrolled by MICA campus security. Excellent walking and transit scores.

Property Features of 1701 Linden, Baltimore, MD 21217

School District
BALTIMORE CITY PUBLIC SCHOOLS
Home Style
Traditional
Type
Other
Year Built
1885
Subdivision
BOLTON HILL
Annual Taxes
$10,405.24
Stories
3
Acres
.07
Features
Natural gas heat
Window unit air conditioner
Brick exterior
Lot acreage is: 0.07
Subdivision: BOLTON HILL
Lot zoned: R080
Smoke alarm
Rubber roof
Basement has outside entrance
Public sewer
Public water
Building design: End of Row/Townhouse
Units in building(s): 4
Total square feet: 5985
Property style: Traditional
Tax year: 2019

Homes for Sale Nearby 1701 Linden, Baltimore, MD 21217

Recent Sales Nearby 1701 Linden, Baltimore, MD 21217



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Data last updated: 10/15/2019.

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