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.

Listing courtesy of Ben Frederick Realty, Inc. 410-752-6400



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