Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1900
Sq.Footage
5,740
Rare opportunity to acquire a substantially renovated five-unit apartment building in the heart of Roland Park. Four of the five apartments have been renovated with quartz counters, wood shaker cabinets, modern appliance packages, updated bathrooms, and contemporary finishes. Each apartment also has its own washer and dryer. The newly renovated terrace-level apartment offers one bedroom plus a den, while the spacious first-floor apartment spans the entire floor and has walk-out access to the large backyard. Located on a quiet, one-way street just off Roland Avenue, 711 Gladstone is one block from the Stony Run stream and its popular tree-shaded walking and biking trail and just two blocks from the Roland Park retail district. Eddie’s of Roland Park, neighborhood shops and restaurants are nearby, while Gilman School and Roland Park Country School are within one-half mile. I-83 is just over a mile away, providing convenient access to downtown Baltimore and the northern suburbs. Significant improvements have already been completed throughout the property. The building recently received a 400-amp electrical service upgrade and has six electric meters and five gas meters. Each apartment has a high-efficiency gas furnace with central air conditioning; three furnaces are brand new and two are approximately four years old. Each apartment also has its own water heater. Tenants pay their individual gas and electric consumption, along with an allocated portion of water, sewer, and public service electric, helping reduce landlord operating expenses. With four renovated apartments, largely new mechanical systems, tenant-paid utilities, and off-street parking for five cars, 711 Gladstone offers a turnkey opportunity in an exceptional Roland Park location. All five apartments are leased through May 31, 2027, providing a new owner with immediate, stabilized income.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Natural Gas, Radiant
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Frame
-
Parking
Parking Lot
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.22
-
Lot Size(square feet)
9,375
-
Property Type
Commercial Sale
Price
-
Sales Price
$925,000
-
Tax Amount
$10,000
-
Zoning
Licensed for 5 Dwelling Units
-
Sq. Footage
5,740
-
Price/SqFt
$161
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Sewer
Public Sewer
-
Tax Lot
009
-
Water Source
Public
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
BALTIMORE CITY
Elementary School
Middle School
High School
Listing Courtesy of Will A Cannon III , Ben Frederick Realty, Inc.
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
AGENT
Jessie Doyle
Call Jessie today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.