Luxury Apartments in Downtown Baltimore

11 E SARATOGA St, Baltimore, MD 21202

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For Sale

$900,000

Boutique apartment building with 20 units, 95% occupied.

Type:Commercial

Property size:

18,360 SF

Price / SF:

$49/SF

HighLights

Income‑producing asset with immediate and stable cash flow, currently 95% occupied.
Fully renovated in 2018 with modern, luxury‑style residences featuring stainless steel appliances, granite countertops, and wood cabinetry.
Strong average rent of $1,212 per unit with a potential gross yearly rent of $274,344.
New mechanical systems and a new roof, minimizing near‑term capital expenditures.
Excellent location in the heart of Downtown Baltimore City, within walking distance of major employers, transit, dining, and cultural destinations (Walk Score: 94, Transit Score: 90, Bike Score: 84).
Desirable unit mix of studio, one‑bedroom, and two‑bedroom apartments appealing to a wide range of urban renters.

We can help!

Listing Contact

Matthew S Cooper

Learn more

For Sale

$900,000

Boutique apartment building with 20 units, 95% occupied.

Type:Commercial

Property size:

18,360 SF

Price / SF:

$49/SF

Added:: Apr 24, 2026
Days on Market:: 53
Last Refresh:: Apr 24 at 3:25 pm

Property Features for 11 E SARATOGA St

General Information

Standard status: Active
Size: 18,360 SF
Property subtype: Commercial

Building Details

Year Built: 1900

We can help!

Listing Contact

Matthew S Cooper

Listing agent Matthew S Cooper License #594308

Listing office Alex Cooper Auctioneers, Inc.

Listing date Apr 24, 2026

Source Elliman

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 Alex Cooper Auctioneers, Inc.

HighLights

Income‑producing asset with immediate and stable cash flow, currently 95% occupied.
Fully renovated in 2018 with modern, luxury‑style residences featuring stainless steel appliances, granite countertops, and wood cabinetry.
Strong average rent of $1,212 per unit with a potential gross yearly rent of $274,344.
New mechanical systems and a new roof, minimizing near‑term capital expenditures.
Excellent location in the heart of Downtown Baltimore City, within walking distance of major employers, transit, dining, and cultural destinations (Walk Score: 94, Transit Score: 90, Bike Score: 84).
Desirable unit mix of studio, one‑bedroom, and two‑bedroom apartments appealing to a wide range of urban renters.

Overview

The Lofts at The Daily Record is a luxury apartment building located in Downtown Baltimore City. The property features 20 residential units spanning approximately 18,360 square feet. The building was originally gut-renovated in 2018. The unit mix includes 3 studio apartments, 13 one-bedroom/one-bath units, and 4 two-bedroom/one-bath units. The average rent is $1,212 per unit. Each residence includes stainless steel appliances, granite countertops, wood cabinetry, and vinyl plank or tile flooring. Select units have in-unit washers and dryers. Tenants reimburse for water. The property benefits from new mechanical systems and a new roof. The building is 95% occupied, offering cash flow. The scheduled gross monthly rent is $21,882, with a scheduled gross yearly rent of $262,584. The potential gross monthly rent is $22,862, and the potential gross yearly rent is $274,344. The location is within walking distance of major employers, transit, dining, and cultural destinations. The bike score is 84, the walk score is 94, and the transit score is 90.

Location Intelligence

Current Use by Public Records

Lofts at the Daily Record Apartment Building Slim Moe Bob Clothes Market

Suggested Use

Location Insight

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Local Demand

City: Baltimore
County: Baltimore
State: Maryland
Longitude: -76.614521
Latitude: 39.2920802

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For sale
Apartment buildings
MD
Baltimore
21202
11 E SARATOGA St

What type of property is this?

Apartment building - Boutique apartment building with 20 units, 95% occupied.

Where is this apartment building located?

The property is located at 11 E SARATOGA St Baltimore, MD.

What is the asking price?

The asking price for this property is $900,000.

What are key features of this property?

This property features: Income‑producing asset with immediate and stable cash flow, currently 95% occupied.; Fully renovated in 2018 with **modern, luxury‑style residences featuring stainless steel appliances, granite countertops, and wood cabinetry.**; Strong average rent of $1,212 per unit with a potential gross yearly rent of $274,344.