Bolton Hill Multifamily Investment
For Sale
$669,000
1514 W MOUNT ROYAL Ave, Baltimore, MD 21217
Fully occupied, renovated 4-unit property near MICA and Penn Station.
Days on Market100
Property Features for 1514 W MOUNT ROYAL Ave
General Information
Standard status
Active
Property subtype
Investment
Building Details
Year Built
1880
Listing Agency:
Cottage Street Realty LLC
(703) 819-1023
Listed By:
Alexandra I Burrell-Hodges · License #IB98371676
(703) 819-1023
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Aug 1 at 10:15AM
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 Cottage Street Realty LLC
Investment Insights
Based on property information with market context.
This fully occupied 4-unit property is located in the Bolton Hill neighborhood, directly across from MICA and a short walk to Penn Station. The location provides access to the Hopkins Shuttle, MARC Train to Washington, DC, and Amtrak service to Philadelphia and NYC. The unit mix includes a first-floor 2BR/1BA, a second-floor 1BR/1BA, and two top-floor units consisting of a front 1BR/1BA and a rear studio. All units have been renovated with updated kitchens and baths. Additional features include an unfinished basement and a newly fenced rear yard. Parking is available for two cars. The owner pays for gas heat and hot water. The top-floor units are all-electric, with tenants paying for their own heat. Window A/C units are installed throughout. Bolton Hill is a walkable community known for its historic architecture and proximity to Midtown amenities. The property is very bikeable (bikeScore: 80) and very walkable (walkScore: 89) and has excellent transit options (transitScore: 92). Midtown Special Benefits District Surcharge Tax is $603.10 annually. This property is suitable for an owner-occupant or investor.
Key Highlights
- Prime location across from MICA and near Penn Station (Hopkins Shuttle, MARC, Amtrak).
- Fully renovated units with updated kitchens and baths.
- Four‑unit property ideal for owner‑occupant or investor.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,275
Businesses Nearby
Explore this area
Business Placement
Demographics for 21217, MD
30,448
Population
20,064
Households
1.5
Avg Household Size
38
Median Age
22%
College-Educated
83%
High-School Grad
2.1 sq mi
ZIP Area
14,499
Density / Sq Mi
$37,207
Median Household Income
$40,668
Median Earnings
$1,065
Median Rent
$175,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied, renovated 4-unit property near MICA and Penn Station.
Where is this quadplex located?
The property is located at 1514 W MOUNT ROYAL Ave Baltimore, MD.
What is the asking price?
The asking price for this property is $669,000.
What are key features of this property?
This property features: Prime location across from MICA and near Penn Station (Hopkins Shuttle, MARC, Amtrak).; Fully renovated units with updated kitchens and baths.; Four‑unit property ideal for owner‑occupant or investor.