Triplex with In-Unit
For Sale
$639,000
1728 BOLTON STREET, Baltimore, MD 21217
Bolton Hill triplex with off-street parking and three apartments with in-unit laundry.
Days on Market52
Property Features for 1728 BOLTON STREET
General Information
Standard status
Active
Property subtype
Triplex
Additional Details
Highway Access
Yes
Amenities
in-unit laundry
off-street parking
decorative fireplace mantels
dishwashers
gas ranges
Building Details
Building Size
3,810 SF
Year Built
1885
Buildings
1
Tenancy
Multi
Listing Agency:
Ben Frederick Realty, Inc.
(410) 916-3331
Listed By:
Will A Cannon III · License #657102
(410) 916-3331
Source:
Thehulsmangroup
Added: Jun 11
Changed: Jul 31
Last Checked: Aug 1 at 10:49AM
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 Ben Frederick Realty, Inc.
Investment Insights
Based on property information with market context.
1728 Bolton Street is a triplex built in 1885 with off-street parking and three licensed apartments. The unit mix includes two two-bedroom, two-bath apartments and one one-bedroom, one-bath apartment. Living spaces feature large living areas, tall ceilings, good natural light, and decorative fireplace mantels. Kitchens include wood cabinetry, dishwashers, and gas ranges, and the bathrooms have modern vanities with ceramic tile flooring.
Laundry is already in place for all three apartments. Units 1 and 2 have full-size washer and dryer located in the basement, while Unit 3 has a stacked washer and dryer in the apartment. Tenants pay their in-unit gas and electric, and the washers and dryers connect to each tenant’s individual electric panel rather than public service electric.
The property is in Bolton Hill and is near MICA, Light Rail, Penn Station, I-83, MLK Boulevard, downtown Baltimore, and the Reservoir Square redevelopment.
Laundry is already in place for all three apartments. Units 1 and 2 have full-size washer and dryer located in the basement, while Unit 3 has a stacked washer and dryer in the apartment. Tenants pay their in-unit gas and electric, and the washers and dryers connect to each tenant’s individual electric panel rather than public service electric.
The property is in Bolton Hill and is near MICA, Light Rail, Penn Station, I-83, MLK Boulevard, downtown Baltimore, and the Reservoir Square redevelopment.
Key Highlights
- Two two‑bedroom, two‑bath apartments and one one‑bedroom, one‑bath apartment
- Off‑street parking for tenants
- Units 1 and 2: full‑size washer and dryer in the basement; Unit 3: stacked washer and dryer in‑unit
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $84.6k | $22.20 |
| − Vacancy | −$4.7k | −$1.22 |
| EGI | $79.9k | $20.98 |
| − OpEx | −$24.0k | −$6.29 |
| NOI | $56.0k | $14.69 |
3,810 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$799.3K
$699.4K – $932.5K
NOI $55,951 @ 7.0% cap · market cap 8.76%
Second Best
Apartment 5plus
$709.1K
$620.5K – $827.3K
NOI $49,638 @ 7.0% cap · market cap 7.77%
Theoretical Best
Office A
$912.8K
$798.7K – $1.06M
NOI $63,894 @ 7.0% cap · market cap 10.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
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 Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Bolton Hill triplex with off-street parking and three apartments with in-unit laundry.
Where is this triplex located?
The property is located at 1728 BOLTON STREET Baltimore, MD.
What is the asking price?
The asking price for this property is $639,000.
What are key features of this property?
This property features: Two two‑bedroom, two‑bath apartments and one one‑bedroom, one‑bath apartment; Off‑street parking for tenants; Units 1 and 2: full‑size washer and dryer in the basement; Unit 3: stacked washer and dryer in‑unit
