- For Sale $850,000
- Property Type Other
- Units 5
- Additional Rent Contact for pricing
- Date Updated Dec 21, 2024
301 E 29th St. | Baltimore, MD 21218
Harbor Stone Advisors is pleased to present Flats at 29th, a renovated multifamily asset located in Charles Village. The property is a 12 minute walk away from Johns Hopkins University (JHU) and MedStar Union Memorial Hospital, two of the top employers in Baltimore City. Flats at 29th is also a 6-minute walk away from a JHU shuttle stop. The JHU Shuttle not only makes stops at the main university campus, but also stops at Penn Station, Johns Hopkins Hospital, and the Peabody Institute of the Johns Hopkins University.
The property features 5 apartments with a unit mix of (4) 1 Br-1 Ba and (1) 3 Br-2 Ba. Prior ownership completed a renovation of the building in 2015 which included apartment renovations.Typical unit features consist of stainless steel appliances, wood cabinets, granite countertops, hardwood flooring, and in-unit washer/dryers.
The opportunity exists for a new owner to organically increase rents at Flats at 29th, as they are currently under market. Properties of similar vintage that have undergone renovations of a comparable scope are achieving rents at least $180 higher on average than the Subject property. There is also an opportunity to implement a water reimbursement program upon renewal and/or new lease.
Reach out to the broker for more info on lease terms and amenities
Highlights
- Opportunity to Acquire a Renovated Asset in Charles Village
- Features 5 apartments with a unit mix of (4) 1 Br-1 Ba and (1) 3 Br-2 Ba
- Prior ownership completed a renovation of the building in 2015 which included apartment renovations
- Typical unit features consist of stainless steel appliances, wood cabinets, granite countertops, hardwood flooring, and in-unit washer/dryers
- Ability to Organically Increase Rents
- Opportunity exists for a new owner to organically increase rents at Flats at 29th, as they are currently under market
- Similar properties nearby are achieving rents at least $180 higher on average
- There is also an opportunity to implement a water reimbursement program upon renewal and/or new lease
- Half Mile Away from Johns Hopkins University and MedStar Union Memorial Hospital
- 6-minute walk away from a JHU shuttle stop that makes stops at the main university campus, but also stops at Penn Station, Johns Hopkins Hospital, and the Peabody Institute of the Johns Hopkins University.
- Close proximity to neighboring areas such as Old Goucher, Hampden and Station North
- Major area employers/colleges nearby: JHU, MedStar Union Memorial Hospital, Loyola University of Maryland, Morgan State University, University of Baltimore
False
Contacts
Location
Getting Around
-
Walk Score ®
89/100
Very Walkable
-
Transit Score ®
65/100
Good Transit
-
Bike Score ®
71/100
Very Bikeable
- City Baltimore, MD
- Neighborhood Johns Hopkins Homewood
- Zip Code 21218
- Market Baltimore
Points of Interest
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North Avenue
1.04 miles
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Woodberry
1.31 miles
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Baltimore Penn Station
1.34 miles
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Mount Royal / MICA
1.34 miles
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Cultural Center
1.60 miles
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Penn–North
1.68 miles
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State Center
1.75 miles
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Upton
1.80 miles
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Cold Spring Lane
1.94 miles
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Mount Vernon
2.07 miles
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Tesla Destination Charger
0.14 miles
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SemaConnect
0.41 miles
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US Fuel
0.57 miles
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Crown
0.57 miles
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Carroll Motor Fuels
0.58 miles
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Exxon
0.60 miles
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eVgo
0.67 miles
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Blink
0.71 miles
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Sunoco
0.83 miles
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Oceanic
0.97 miles
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West Garage
0.29 miles
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Baltimore Police Department Parking
0.30 miles
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R. House Parking
0.32 miles
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Papermoon Diner
0.34 miles
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Homewood Garage
0.49 miles
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Johns Hopkins at Keswick Parking Garage (Employee Only)
0.70 miles
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Brown Rice Parking
0.72 miles
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Theatre Parking
1.21 miles
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Parking-Loyola
1.32 miles
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Fitzgerald Garage
1.32 miles
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Inn at the Collonade
0.50 miles
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Motel 6
1.07 miles
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Downtown Hotel
1.56 miles
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The Ivy Hotel
1.66 miles
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Belvedere
1.72 miles
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Hotel Brexton
1.77 miles
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Ulysses
1.88 miles
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Biltmore Suites Hotel - Park Avenue Building
1.97 miles
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Biltmore Suites Hotel - Main Building
1.97 miles
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Midtown Inn
1.98 miles
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Gertrude's
0.04 miles
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Levering Kitchens
0.15 miles
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Homeslyce Pizza Bar
0.18 miles
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Kyodai Hibachi Sushi Express
0.18 miles
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THB Bagelry & Deli
0.18 miles
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Honeygrow
0.18 miles
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Kajiken
0.18 miles
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Chipotle
0.20 miles
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Ajumma
0.20 miles
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Potbelly
0.20 miles
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Johns Hopkins University
0.18 miles
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Johns Hopkins University School of Education
0.33 miles
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The Community School
0.38 miles
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Barclay Elementary School
0.45 miles
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Margaret Brent Elementary/Middle School
0.54 miles
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First English Evangelical Lutheran School
0.59 miles
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Hampden Elementary/Middle School #55
0.68 miles
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Career Academy
0.73 miles
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Waverly Career Center
0.75 miles
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Venable High School
0.76 miles
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Homewood Early Learning Center
0.27 miles
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The Waverly Early Head Start Center of Goodwill
0.77 miles
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Bright Stars Learning Center
0.92 miles
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Sherman Early Childhood Center
0.92 miles
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Mema's Early Learning Center LLC, License
0.93 miles
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Play Workz Learning Center
1.02 miles
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Bolton Hill Nursery
1.45 miles
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Dayspring Head Start Harford Heights
1.73 miles
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Saint Vincent de Paul Head Start
1.81 miles
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All My Children Child Care Center
1.93 miles
Frequently Asked Questions
The space currently listed for sale at Flats at 29th asks for $850,000.
Flats at 29th totals 2,406 square feet.
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