Located in the desirable Bolton Hill neighborhood of Baltimore, this multi-family property features three spacious apartments with 10' high ceilings that create an open and welcoming atmosphere. Just 1.5 blocks from Reservoir Square, an impressive 8-acre development with new housing and a grocery store, convenience is right at your doorstep. Additionally, the property is only 5 blocks from the Maryland Institute College of Art (MICA), the third highest-rated art school in the country, attracting a steady stream of potential tenants. aring owner-occupants have meticulously maintained 1722 Bolton Street, consistently improving the apartments over the years. This grand building offers 3,768 square feet of above-grade living space, providing tenants with spacious living areas and bedrooms. The Owner’s first-floor suite features a finished lower-level space, which has been converted into a home office and workout room. Exposed brick walls add historical charm to the Owner’s Unit, in addition to the modern kitchen design being built into the ornate brick hearth that once served the home. An upgraded, stainless steel appliance package features a 30″ gas range, dishwasher and French door refrigerator with bottom freezer. This unit boasts hardwood floors throughout, which complement the soaring ceilings over 10 feet high, lending the apartment a truly expansive and elegant feel. An added amenity for this particular unit is a private deck, lower-level patio and spacious rear yard. The upstairs apartments have similar layouts, with east-facing windows in living rooms capturing the morning light. Kitchens feature laminate, easy-to-clean counters, wood cabinets, gas ranges and dishwashers. Apartment 2 has hardwood flooring and carpeting in the bedrooms; Apartment 3 has painted hardwoods throughout. All kitchens have ceramic tile flooring, modern vanities and steel tubs. This Bolton Hill multi-family property features a central, Columbia gas-fired steam boiler (2017) with radiator distribution. Each unit has its own gas-fired water heater, and a separate gas-fired water heater provides hot water for the washing machine. Each apartment is separately metered for gas and electricity, allowing tenants to pay their own utilities. Monthly cash flow could be enhanced by billing back the cost of heating fuel and having each apartment responsible for one-third of the bill. Each unit has a 60-amp electrical supply. The building has a copper water main, eliminating the concern for a costly repair in the future. All observable water supply pipes are either copper or C-PVC; observable drain lines are PVC. The TPO roof was installed in 2009 and is in good condition. Owners and tenants alike appreciate the $100 million development happening just 1.5 blocks away. Reservoir Square will bring retail to the community, including a large grocery store, making the already in-demand Bolton Hill neighborhood even more convenient, accessible and desirable for tenants. With its close proximity to MICA, 1722 Bolton offers college housing to students, as the institute has very limited on-campus housing options. Bolton Hill is a quiet, historic West Baltimore neighborhood, right in the middle of the city, according to LiveBaltimore. Commuting to points north, south, and east is easy via Martin Luther King Jr. Boulevard, I-83, and two nearby stops on the Baltimore Light Rail. With over 73% of residents being renters, this uniquely well-maintained building is a wonderful asset to add to your portfolio or House Hack & owner-occupy.

Listing courtesy of BRIGHT / Ben Frederick Realty, Inc.

Last checked: Checking… • Last updated Oct 23, 2024 • Source: BRIGHT

MLS# MDBA2133978 — Report a problem