Residential Income Property at The
1 E CHASE STREET Unit 414, Baltimore, MD 21202
For Sale
New
$129,900
The residence pairs a private primary suite with a separate powder room and attended building entry.
Property Size748 SF
Days on Market5
Property Features for 1 E CHASE STREET Unit 414
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
grand lobby
secure attended entry
concierge services
Building Details
Building Size
Year Built
Construction
Listing Agency:
Compass
Listed By:
Taylor Franks · License MD #671294
(443) 605-3222
Source:
Thehulsmangroup
Added: Nov 7
Changed: Nov 8
Last Checked: Nov 10 at 6:37PM
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 Compass
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Investment Insights
Based on property information with market context.
Located within The Belvedere, this one-bedroom residence has 1.5 bathrooms, an open living and dining area, and ceilings exceeding 10 feet. Large windows bring natural light into the unit. The primary suite includes an en-suite bath and walk-in closet, while a separate powder room serves the living area. The building dates to 1903 and features an attended entrance with 24/7 concierge service and a grand lobby.
The property is in Mount Vernon, with Baltimore Penn Station three blocks away. Nearby transportation includes MARC and Amtrak service, the Light Rail, I-83, the Charm City Circulator and Johns Hopkins shuttles. Mount Vernon Place, the Walters Art Museum, the George Peabody Library and the Maryland Center for History and Culture are among the nearby destinations.
The property is in Mount Vernon, with Baltimore Penn Station three blocks away. Nearby transportation includes MARC and Amtrak service, the Light Rail, I-83, the Charm City Circulator and Johns Hopkins shuttles. Mount Vernon Place, the Walters Art Museum, the George Peabody Library and the Maryland Center for History and Culture are among the nearby destinations.
Key Highlights
- One‑bedroom residence with 1.5 bathrooms
- Ceilings exceeding 10 feet and large windows
- Primary suite includes a walk‑in closet and en‑suite bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,745
Cap Rate
7.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$194,900
$194.9K
Cap Rate 7%
$139,214
$139.2K
Cap Rate 9%
$108,278
$108.3K
Market Conditions
NOI Build-Up for 748 SF
Gross rent
$18.8K $25.20/SF
− Vacancy
−$1.1K −$1.51/SF
EGI
$17.7K $23.69/SF
− OpEx
−$8.0K −$10.66/SF
NOI
$9.7K $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%
$194,900
Cap Rate 7%
$139,214
Cap Rate 9%
$108,278
Alternative Uses
Best Use
Apartment 5plus
$139.2K
$121.8K – $162.4K
NOI $9,745 @ 7.0% cap · market cap 7.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$179.2K
$156.8K – $209.1K
NOI $12,544 @ 7.0% cap · market cap 9.66%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
4,539
Businesses Nearby
Explore this area
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 - The residence pairs a private primary suite with a separate powder room and attended building entry.
Where is this residential income property located?
The property is located at 1 E CHASE STREET Unit 414 Baltimore, MD.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: One‑bedroom residence with 1.5 bathrooms; Ceilings exceeding 10 feet and large windows; Primary suite includes a walk‑in closet and en‑suite bathroom
