Two-Bedroom Residential
1 E CHASE STREET Unit 305, Baltimore, MD 21202
For Sale
$192,000
Renovated residence with an open kitchen, in-unit laundry, and access to shared building amenities.
Property Size1,192 SF
Days on Market9
Property Features for 1 E CHASE STREET Unit 305
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
in-unit washer/dryer
decorative fireplace
24-hour lobby service
grand ballrooms
John Eager Howard Room
Owl Bar
13th-floor lounge
lower-level shopping arcade
Building Details
Building Size
Year Built
Listing Agency:
Realty ONE Group Excellence
Listed By:
Kedrick King · License MD #664850
(443) 908-3982
Source:
Thehulsmangroup
Added: Nov 3
Changed: Nov 7
Last Checked: Nov 10 at 2:25PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty ONE Group Excellence
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Investment Insights
Based on property information with market context.
This renovated condo at The Belvedere has two bedrooms, two full bathrooms, and an open-concept layout. The kitchen features an island, granite countertops, and stainless steel appliances; a washer and dryer are located in the unit. Additional details include high ceilings, a decorative fireplace, and natural light. The building dates to 1903.
Residents have access to 24-hour lobby service, grand ballrooms, the John Eager Howard Room, the Owl Bar, a 13th-floor lounge, and a lower-level shopping arcade. The property is at 1 E Chase Street in Baltimore.
Residents have access to 24-hour lobby service, grand ballrooms, the John Eager Howard Room, the Owl Bar, a 13th-floor lounge, and a lower-level shopping arcade. The property is at 1 E Chase Street in Baltimore.
Key Highlights
- Two bedrooms and two full bathrooms
- Renovated condo with an open‑concept layout
- Kitchen includes an island, granite countertops, and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,530
Cap Rate
8.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$310,600
$310.6K
Cap Rate 7%
$221,857
$221.9K
Cap Rate 9%
$172,556
$172.6K
Market Conditions
NOI Build-Up for 1,192 SF
Gross rent
$30.0K $25.20/SF
− Vacancy
−$1.8K −$1.51/SF
EGI
$28.2K $23.69/SF
− OpEx
−$12.7K −$10.66/SF
NOI
$15.5K $13.03/SF
Area
Baltimore, MD
Vacancy
6.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$310,600
Cap Rate 7%
$221,857
Cap Rate 9%
$172,556
Alternative Uses
Best Use
Apartment 5plus
$221.9K
$194.1K – $258.8K
NOI $15,530 @ 7.0% cap · market cap 8.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$285.6K
$249.9K – $333.2K
NOI $19,990 @ 7.0% cap · market cap 10.41%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
4,539
Businesses Nearby
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Business Placement
Demographics for 21202, MD
22,247
Population
12,731
Households
1.7
Avg Household Size
33
Median Age
48%
College-Educated
86%
High-School Grad
1.6 sq mi
ZIP Area
13,904
Density / Sq Mi
$61,578
Median Household Income
$53,609
Median Earnings
$1,497
Median Rent
$307,700
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Baltimore, MD
Properties on Market for Residential income properties in Baltimore
Frequently Asked Questions
What type of property is this?
Residential income property - Renovated residence with an open kitchen, in-unit laundry, and access to shared building amenities.
Where is this residential income property located?
The property is located at 1 E CHASE STREET Unit 305 Baltimore, MD.
What is the asking price?
The asking price for this property is $192,000.
What are key features of this property?
This property features: Two bedrooms and two full bathrooms; Renovated condo with an open‑concept layout; Kitchen includes an island, granite countertops, and stainless steel appliances
