Multifamily Building with Office
For Sale
Contact for pricing
1518 Park Ave, Baltimore, MD 21217
Apartment building offers bi-level units, secured entry, elevator, fitness center, and a parking garage with 60 surface spaces.
Property SizeContact for details
Days on Market121
Property Features for 1518 Park Ave
General Information
Standard status
Active
Total Parking Spaces
60
Property subtype
Multifamily
Units
Multifamily Units
60
Office Units
4
Amenities
secured entry system with intercom
elevator
fitness center
parking garage
Listing Agency:
Harbor Stone Advisors
Listed By:
Justin Verner · License #MD 630799
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 22 at 7:23AM
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 Harbor Stone Advisors
Investment Insights
Based on property information with market context.
The Beethoven is a multifamily property featuring bi-level apartment units and an on-site mix that includes office units. The building contains (20) one-bedroom units, (39) two-bedroom units, and (1) three-bedroom unit, along with (4) office units. Resident amenities include a secured entry system with intercom, elevator service, a fitness center, and a parking garage with 60 surface spaces. Unit features are described as including a white appliance package with microwave and dishwasher, laminate countertops, wood cabinets, carpet/hardwood/tile flooring, and in-unit washer/dryer.
The property is located in Bolton Hill and is described as a 4-minute walk from the Maryland Institute College of Art (MICA).
The current ownership has completed capital improvements including roof and elevator repairs, exterior painting, minor unit improvements upon turn, and approximately $200,000 in garage work. The offering also highlights an opportunity to renovate the residential units and notes additional value-add ideas related to the office spaces and parking rent upon renewal and/or new lease.
The property is located in Bolton Hill and is described as a 4-minute walk from the Maryland Institute College of Art (MICA).
The current ownership has completed capital improvements including roof and elevator repairs, exterior painting, minor unit improvements upon turn, and approximately $200,000 in garage work. The offering also highlights an opportunity to renovate the residential units and notes additional value-add ideas related to the office spaces and parking rent upon renewal and/or new lease.
Key Highlights
- (20) 1BD, (39) 2BD, (1) 3BD, and (4) office units in a multifamily building in Bolton Hill
- All residential units are bi‑level with an average size of 1,129 SF
- Secured entry system with intercom, elevator, fitness center, and parking garage plus 60 surface spaces
Property Analytics
Current Use
Lease Details
4
Office units
60
Residential units
Location Intelligence
Trade Area within ½ mile
2,001
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 Office in Baltimore, MD
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Apartment building offers bi-level units, secured entry, elevator, fitness center, and a parking garage with 60 surface spaces.
Where is this apartment building located?
The property is located at 1518 Park Ave Baltimore, MD.
What are key features of this property?
This property features: (20) 1BD, (39) 2BD, (1) 3BD, and (4) office units in a multifamily building in Bolton Hill; All residential units are bi‑level with an average size of 1,129 SF; Secured entry system with intercom, elevator, fitness center, and parking garage plus 60 surface spaces
