This exceptional 11-unit apartment building, located at 313 S Broadway in Baltimore, MD's desirable Fells Point neighborhood (zip code 21231), presents a compelling investment opportunity. The property, built in 1874 and extensively renovated in 2015, boasts a mix of unit sizes: one 1-bedroom/1-bathroom, two 2-bedroom/1-bathroom, four 2-bedroom/2-bathroom, two 2-bedroom/2.5-bathroom, and two 3-bedroom/3.5-bathroom units. All units feature high-end finishes including stainless steel appliances, granite countertops, hardwood flooring, and in-unit washer/dryers. The 3-story building sits on a 9,017 sq ft lot and includes on-site surface parking for 8 vehicles and a courtyard. The property benefits from a C-1 zoning designation. Significant upgrades during the 2015 renovation encompassed all mechanical and electrical systems, roof, and windows, minimizing deferred maintenance for the new owner. The property is currently 100% occupied, offering immediate cash flow. An assumable loan with a balance of $1,913,592.77, a 5.22% interest rate, and a maturity date of December 2028, is available. The property's prime location, less than a 10-minute walk from Fells Point's vibrant main street, provides excellent potential for rental growth. The APN is 02-04-1762-032, and the ownership is Fee Simple.
Highlights
Gut-renovated Fells Point investment opportunity.
Low deferred maintenance.
Assumable financing available.
Prime East Baltimore location.
Property Details
for 313 Broadway
Property type
Apartment buildings
Year Built/Renovated
1874/2015
Buildings
1
Stories
3
Units
11
Location Insight
City
Baltimore
County
Baltimore City
State
Maryland
Latitude
39.2871466
Longitude
-76.5931353
313 Broadway, Baltimore, Maryland
Nearby Similar for Sale
For Sale
$40,000
Baltimore 2-Unit Redevelopment Opportunity
Distressed multifamily, prime West Baltimore location.
How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Contacts
Justin Verner
Brooks Healy
Tom Wohlgemuth
Visit Broker Website
Learn more
Useful Information
Request information
313 Broadway, Baltimore, Maryland, 21231
Message sent successfully
Error
Email this Information
Message sent successfully
Error
Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
313 Broadway
Sign Up
Already a member?
Just one more step, let’s verify your email
We have sent a verification link to
Please check your inbox to complete the process.
Just click on the link in that email to complete your Sign up.
If you don’t see it, you may need to check your spam folder.
Email verification link expired
It seems that the verification link has expired.
No worries! We can send you a new link to email
Log In
Don't have an account?
Reset your password
New to Paperhouses?
Paperhouses
Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
Check your email
We've resent password reset instructions to if it is an email on file.
Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password.
If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.