2105, Maryland Avenue, Charles North, Baltimore, Maryland, 21218, United States
For Sale
$525,000
Property ID :
RH-25654-property
Located between the ever-growing Charles Village neighborhood and gentrified Mount Vernon, Old Goucher is the next hot real estate market in Baltimore. 2105-2109 Maryland Avenue offers 6,355 above-grade square feet, plus a full finished basement. C -1 zoning offers density residential apartments and general commercial uses as a matter of right.
2105, 2107, and 2109 Maryland Avenue are three interconnected buildings on one consolidated lot. The third floor houses two apartments, and the second floor houses two apartments, for a total of four apartments. The first floor contains three interconnected commercial suites. The basement contains one large commercial suite that expands across all three buildings.
C-1 zoning allows a wide variety of business uses including retail, restaurant, medical, and office use. C-1 zoning would also allow up to 14 apartments at this site as a matter of right. A new owner could rehab the building in its current configuration, or mix-and-match unit types to their liking.
2105 – 2109 Maryland Avenue has two meter stacks; one has 600 amp service and feeds six meter heads, with space for two additional meter heads; the second has a single meter head. The buildings have one gas meter.
The second and third floor apartments are all-electric, with separate heat pumps, air conditioning, and hot water heaters. The first floor and basement commercial suites share a gas-fired hot water boiler with baseboard distribution.
Observable water supply pipes are copper and steel. Observable drain lines are pvc. The buildings have a mix of aluminum-clad and vinyl double-pane, double-hung windows, with some single-pane wood windows. 2105 Maryland Avenue has a 90 lb mineral felt roof; 2107 Maryland Avenue has a rubber roof; and 2109 Maryland Avenue has a rubber roof with elastomeric coating. The asphalt parking pad in the rear can accommodate up to 5 cars.
According to LiveBaltimore, Old Goucher’s population is 95% renters, making it an excellent opportunity for landlords looking to find tenants. As the area continues to grow and develop, there will be an even greater demand for rental properties.
Old Goucher is home to a diverse array of restaurants and bars, such as Dutch Courage, a gin-centric cocktail bar at 2219 North Charles Street, or Fadensonnen, a beer garden opened by restauranteur Lane Harlan at 3 West 22nd Street. Tenants enjoy the eclectic mix of eateries, art venues, and shops in the neighborhood.
Located in central Baltimore City, Old Goucher offers commuters a quick drive to downtown Baltimore or to points north. 2105-2109 Maryland Avenue garners a 94 WalkScore, or “Walker’s Paradise”; an 88 TransitScore for its “Excellent Transit”; and an 84 BikeScore, being located along Maryland Avenue’s Cycle Track.
$525,000 $83 Per Sq. Ft.
Unless and until there is a written Buyer-Broker Agency Agreement signed with a prospective Buyer, then Ben Frederick Realty, Inc., Ben Frederick Realty, Inc. represents the Seller. Please click here to download the Maryland Real Estate Commission form “Understanding Whom Real Estate Agents Represent”.
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