1600 Bolton

For Sale

1600 Bolton St. Baltimore, MD 21217, Baltimore, MD 21217

This Baltimore property for sale is located at 1600 Bolton St. Baltimore, MD 21217. The current listed sale price for 1600 Bolton is $675,000.

Contacts

broker

Justin Verner

Harbor Stone Advisors

(410) 960-3962

broker

Brooks Healy

Harbor Stone Advisors

(443) 523-6865

broker

Tom Wohlgemuth

Harbor Stone Advisors

(240) 444-4656

broker

Shana Callahan

Harbor Stone Advisors

broker

Todd Galvin

Harbor Stone Advisors

Property Details

1600 Bolton St. Baltimore, MD 21217

Harbor Stone Advisors is please to present the opportunity to acquire 1600 Bolton Apartments, a multifamily asset located in the Bolton Hill neighborhood of Baltimore City. 1600 Bolton Apartments features 5 large units with a mix of (2) 1 Br-1 Ba, (1) 1 Br-1.5 Ba w/Den, (1) 2 Br-1 Ba, and (1) 4 Br-2.5 Ba. Typical unit features consist of white appliances, wood cabinets, hard surface countertops, and hardwood/ceramic tile flooring. Current ownership replaced the roof in 2022 and installed HVAC in units 2F and 3R.

The opportunity exists for a new owner to renovate all of the units with a suggested scope of stainless steel appliances, updated cabinets, granite countertops, and updated bathrooms. Properties of similar vintage that have undergone renovations of a comparable scope are achieving rents at least $150 higher compared to the Subject property. Other value add opportunities include implementing a water reimbursement program upon renewal and/or new lease and potentially creating surface parking behind the building.

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Highlights

  • Opportunity to Acquire a Multifamily Asset in Bolton Hill
  • Features 5 large units with a mix of (2) 1 Br-1 Ba, (1) 1 Br-1.5 Ba w/Den, (1) 2 Br-1 Ba, and (1) 4 Br-2.5 Ba
  • Typical unit features consist of white appliances, wood cabinets, hard surface countertops, and hardwood/ceramic tile flooring
  • Current ownership replaced the roof in 2022 and installed HVAC in units 2F and 3R
  • Ability to Increase Rents Via Renovation Program
  • Opportunity exists for a new owner to renovate all of the units with a suggested scope of stainless steel appliances, updated cabinets, granite countertops, and updated bathrooms
  • Properties of similar vintage that have undergone renovations of a comparable scope are achieving rents at least $150 higher compared to the Subject property
  • Other value add opportunities include implementing a water reimbursement program upon renewal and/or new lease and potentially creating surface parking behind the building
  • Excellent Location in Bolton Hill
  • Easy access to I-83 and Downtown Baltimore
  • Located 1 mile away from Penn Station and surrounded by additonal public transportation options such as the Metro, Lightrail, and CityLink bus stops
  • Major area employers/colleges nearby: Maryland Institute College of Art (MICA), University of Baltimore, University of Maryland Medical Center (UMMC) Midtown Campus

Getting around

  • 85/100

    Walk Score ®

  • 91/100

    Transit Score ®

  • 85/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Baltimore, MD
  • Neighborhood Bolton Hill
  • Zip Code 21217
  • Market Baltimore

Points of Interest

  • Mount Royal / University of Baltimore

    0.23 miles

  • North Avenue

    0.24 miles

  • Cultural Center

    0.38 miles

  • Baltimore Penn Station

    0.44 miles

  • State Center

    0.47 miles

  • Upton

    0.71 miles

  • Centre Street

    0.84 miles

  • Penn–North

    0.99 miles

  • Lexington Market

    1.09 miles

  • Lexington Market

    1.15 miles

  • Oceanic

    0.36 miles

  • Marathon

    0.42 miles

  • American Fuel

    0.50 miles

  • Sunoco

    0.50 miles

  • BP

    0.54 miles

  • Crown

    0.60 miles

  • Clark

    0.68 miles

  • Exxon

    0.69 miles

  • eVgo

    0.72 miles

  • Carroll Motor Fuels

    0.75 miles

  • Fitzgerald Garage

    0.26 miles

  • Guest Parking

    0.27 miles

  • Theatre Parking

    0.38 miles

  • Symphony Center Parking

    0.44 miles

  • Penn Station Parking Garage

    0.47 miles

  • 1205 Maryland Avenue Public Parking Lot

    0.48 miles

  • Maryland Avenue Garage

    0.50 miles

  • Area D

    0.51 miles

  • PNC Bank

    0.57 miles

  • Park PMI

    0.64 miles

  • Motel 6

    0.34 miles

  • Downtown Hotel

    0.48 miles

  • Hotel Brexton

    0.58 miles

  • Belvedere

    0.63 miles

  • The Ivy Hotel

    0.69 miles

  • Biltmore Suites Hotel - Main Building

    0.76 miles

  • Biltmore Suites Hotel - Park Avenue Building

    0.76 miles

  • Revival Baltimore

    0.86 miles

  • Hotel Indigo

    1.00 miles

  • Hostelling International

    1.09 miles

  • Save-A-Lot

    0.27 miles

  • Save-A-Lot

    0.40 miles

  • Eddie's of Mount Vernon

    0.65 miles

  • Safeway

    0.69 miles

  • Save-A-Lot

    0.70 miles

  • O K Groceries

    0.82 miles

  • OK Market & Deli

    0.96 miles

  • Harlem Grocery

    0.97 miles

  • Streets Market & Cafe

    1.21 miles

  • Charles Plaza

    1.22 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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