1106 Hollins StBaltimore, MD 21223

For Sale
$239,900

Prime Baltimore location, 3-unit income property

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a fully-leased, three-unit property located at 1106 Hollins Street in Baltimore, Maryland, 21223. The property consists of a cozy efficiency apartment, a spacious two-bedroom, one-bathroom unit, and a commercial space currently operating as an art gallery. Both the efficiency apartment and the commercial space generate consistent rental income, while the two-bedroom unit is ready for immediate rental. This presents a strong cash flow potential from day one. The property benefits from its prime location directly across from the soon-to-reopen, extensively renovated Hollins Market. This revitalization project is nearing completion, promising increased foot traffic and business activity in the immediate vicinity. The Hollins Market neighborhood is experiencing significant growth, attracting new businesses, restaurants, and cultural attractions, making it a rapidly developing and desirable area. The versatile commercial space offers high visibility and is suitable for a variety of business ventures, allowing for flexibility and potential for increased rental income. The asking price for this property is $239,900. This represents a compelling investment opportunity in a rapidly appreciating area, offering both immediate income and significant long-term growth potential. The property's blend of historic charm and modern convenience, coupled with its strategic location, makes it an attractive proposition for discerning investors seeking strong returns in a thriving Baltimore neighborhood.

Highlights

  • $239,900 asking price.
  • Special purpose land property in Baltimore, MD.
  • Located at 1106 Hollins Street, Baltimore, MD 21223.

Location Insight

City
Baltimore
County
Baltimore City
State
Maryland
Latitude
39.2878529
Longitude
-76.6354888
1106 Hollins St, Baltimore, Maryland

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1106 Hollins St
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