201 Conkling StBaltimore, MD 21224

For Sale
$4,500,000
27-unit luxury building, high occupancy.

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional 27-unit apartment building, located at 201 S Conkling St, Baltimore, MD 21224, presents a compelling investment opportunity. The property, built in 1920 and extensively renovated in 2017, boasts 28,822 square feet on a 0.334-acre lot. The three-story building features a mix of studio, one-bedroom, and two-bedroom units, currently enjoying a 96% occupancy rate. The 2017 gut renovation transformed this former schoolhouse into a modern luxury complex, complete with updated mechanical systems, stainless steel appliances, granite countertops, hardwood/ceramic tile flooring, in-unit washer/dryers, and high-end finishes throughout. Building amenities include gated parking, a media club room, and a pet washing station, all secured by controlled access. The property is zoned R-8 and benefits from an existing CHAP Tax Credit extending through the 2026-2027 tax year. Its prime location in Highlandtown offers convenient access to nearby retail, dining, and nightlife, including Mobtown Brewing Company, Canton Crossing Shopping Center, and O'Donnell Square. Furthermore, it's a short six-minute drive to the Johns Hopkins Bayview Campus. The asking price is $4,500,000, representing a unique opportunity to acquire a well-maintained, high-performing asset with significant upside potential for rental increases. The property's APN is 26-16-6302-001 and is offered fee simple.

Highlights

  • $4,500,000 asking price for a 27-unit apartment building in Baltimore, MD.
  • 2017 gut renovation minimizes deferred maintenance.
  • Excellent Highlandtown location, six-minute drive to Johns Hopkins Bayview Campus, near retail and dining.

Property Details for 201 Conkling St

Property type
Apartment buildings
Square Feet
28,822 SF
Year Built/Renovated
1920/2017
Buildings
1
Stories
3
Lot Size (sq. ft)
14,549 SF
Units
27

Location Insight

City
Baltimore
County
Baltimore City
State
Maryland
Latitude
39.2898611
Longitude
-76.5671413
201 Conkling St, Baltimore, Maryland

FAQs

What type of property is this?
Apartment building - 27-unit luxury building, high occupancy.
Where is the apartment building located?
The property is located at 201 Conkling St Baltimore, MD.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: $4,500,000 asking price for a 27-unit apartment building in Baltimore, MD.; 2017 gut renovation minimizes deferred maintenance.; Excellent Highlandtown location, six-minute drive to Johns Hopkins Bayview Campus, near retail and dining.
How can I contact the broker?
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201 Conkling St
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