1029-1031 W 36th St - Apartments FOR SALE


Baltimore, MD 21211
$1,895,000 USD
443-756-1746
1029-1031 W 36th St, Baltimore, MD for Sale
$1,895,000 USD
Apartments - FOR SALE
1/3
null | 7.42% Cap Rate

1029-1031 W 36th St
Baltimore, MD 21211


HIGHLIGHTS

  • Just blocks from interstate 1-83
  • Walkable to Johns Hopkins University Homewood Campus
  • High traffic location

OVERVIEW

AVENUE REAL ESTATE IS PLEASED TO PRESENT the opportunity to acquire this newly redeveloped, Mixed-use gem in Baltimore’s Beloved Hampden. LOCATED ON A HIGH TRAFFICCORNER OF ‘The Avenue"....W. 36th St. Baltimore city’s historic and charming retail tourist district. This project is walkable to Johns Hopkins University Homewood Campus & just blocks from the I-83 Falls Rd. exit, making any commute a breeze. The property has two retail Tenants in place -- "Grano Pasta Bar", a popular fixture in Baltimore, featured on the Food Network's Diners Drive-ins and Dives, along with "Sandy's Place" a gift shop focused on Baltimore's local brands and sports apparel. The property was overhauled in 2021-2022, scaping an older structure and building new on that portion of the project. The end result is Two (2) brand new furnished studio apartments, One (1) 1-bedroom/2-bath unit, One (1) 2-bedroom/1-bath unit and One (1) 1-bedroom/1-bath unit. Lastly, two new small retail/gallery/office suites have been created along the Hickory Ave. street front, and are leased by Grano. (**all residential units are newly constructed in 2022. Please call listing broker for more information or to schedule a tour.

FOR SALE DETAILS

PRICE

$1,895,000 USD

PRICE/SF

$237 USD /SF

# OF UNITS

8

PRICE/UNIT

$236,875

CAP RATE

7.42%

% LEASED

20%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1029-1031 W. 36th St.

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

-

APN/PARCEL ID

13-13-3528-050

ASK ABOUT THIS PROPERTY

Mike GioiosoAvenue Real EstateMore Info
443-756-1746

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Mike GioiosoAvenue Real EstateMore Info
443-756-1746

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.