Penthouse Residential Income
For Sale
$95,000
1011 HUNTER STREET N Unit F2, Baltimore, MD 21202
One-bedroom condo with elevator access, skyline views, and recently replaced carpets.
Property Size538 SF
Days on Market197
Property Features for 1011 HUNTER STREET N Unit F2
General Information
Standard status
Active
Size
538 SF
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,800
Building Details
Building Size
538 SF
Year Built
1986
Listing Agency:
Flucas & Flucas Realty
Listed By:
Regina Flucas · License #519259
(443) 525-7546
Source:
Thehulsmangroup
Added: Mar 28
Changed: Oct 3
Last Checked: Oct 10 at 12:20AM
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 Flucas & Flucas Realty
Investment Insights
Based on property information with market context.
This penthouse-level residential income property is a one-bedroom, one-bathroom condominium with expansive exterior windows, city skyline views, and substantial natural light. The carpets were replaced in 2024, while the washing machine was replaced in 2021. Building management regularly services the HVAC system and water heater, and elevator access serves the unit. The building was constructed in 2005.
The property is in Baltimore’s Mount Vernon neighborhood near Mount Vernon Square, with coffee shops, restaurants, and cultural landmarks in the surrounding area. The Inner Harbor and Whole Foods are each approximately 5 minutes away, the Target shopping center in Canton is 10 minutes away, and Towson is 20 minutes away by the stated travel times.
The property is in Baltimore’s Mount Vernon neighborhood near Mount Vernon Square, with coffee shops, restaurants, and cultural landmarks in the surrounding area. The Inner Harbor and Whole Foods are each approximately 5 minutes away, the Target shopping center in Canton is 10 minutes away, and Towson is 20 minutes away by the stated travel times.
Key Highlights
- Penthouse‑level one‑bedroom, one‑bathroom condominium
- Unobstructed Baltimore city skyline views through exterior windows
- Carpets replaced in 2024; washing machine replaced in 2021
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,009
Cap Rate
7.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$140,180
$140.2K
Cap Rate 7%
$100,129
$100.1K
Cap Rate 9%
$77,878
$77.9K
Market Conditions
NOI Build-Up for 538 SF
Gross rent
$13.6K $25.20/SF
− Vacancy
−$813 −$1.51/SF
EGI
$12.7K $23.69/SF
− OpEx
−$5.7K −$10.66/SF
NOI
$7.0K $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%
$140,180
Cap Rate 7%
$100,129
Cap Rate 9%
$77,878
Alternative Uses
Best Use
Apartment 5plus
$100.1K
$87.6K – $116.8K
NOI $7,009 @ 7.0% cap · market cap 7.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$128.9K
$112.8K – $150.4K
NOI $9,022 @ 7.0% cap · market cap 9.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
4,679
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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Frequently Asked Questions
What type of property is this?
Residential income property - One-bedroom condo with elevator access, skyline views, and recently replaced carpets.
Where is this residential income property located?
The property is located at 1011 HUNTER STREET N Unit F2 Baltimore, MD.
What is the asking price?
The asking price for this property is $95,000.
What are key features of this property?
This property features: Penthouse‑level one‑bedroom, one‑bathroom condominium; Unobstructed Baltimore city skyline views through exterior windows; Carpets replaced in 2024; washing machine replaced in 2021
