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Residential Income Property with Terraces

675 PRESIDENT STREET Unit 2801, Baltimore, MD 21202

For Sale
New
$1,299,000

A renovated high-floor residence pairs three bedrooms with two private terraces and two garage parking spaces.

Property Size3,913 SF
Days on Market7

Property Features for 675 PRESIDENT STREET Unit 2801

General Information

Standard status Active
Size 3,913 SF
Total Parking Spaces 2
Elevators Yes
Property subtype Penthouse Unit/Flat/Apartment

Site & Location

Neighborhood Harbor East

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $23,086

Amenities

concierge
security
fitness center
cinema
private terrace
gas fireplace

Building Details

Building Size 3,913 SF
Year Built 2006
Listing Agency: Monument Sotheby's International Realty
Listed By: Holly D Winfield · License MD #36089
Source: Thehulsmangroup
Added: Nov 5 Changed: Nov 8 Last Checked: Nov 10 at 5:44PM

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 Monument Sotheby's International Realty

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Investment Insights

Based on property information with market context.

At The Vue, this renovated corner residence occupies the 28th floor and offers more than 3,900 square feet of combined interior and exterior space. The single-level layout includes three bedrooms, three-and-a-half baths, two private terraces, and a living room with gas fireplaces. Hardwood flooring, high ceilings, and extensive glazing complement a kitchen with a quartz island, custom cabinets, and Viking and Sub-Zero appliances. The primary suite has terrace access, a walk-in closet, and a bath with a soaking tub, shower, and double vanity. Two additional bedrooms have renovated en-suite baths. Two garage parking spaces are included.

Building services include concierge access and security. Heating, air conditioning, and water are covered by the condominium fee. Residents also have direct elevator access to Coppermine Health & Fitness and Harbor East Cinemas. Restaurants, shops, Whole Foods, Starbucks, and the Inner Harbor are nearby in Baltimore.

Key Highlights

  • 28th‑floor corner residence at The Vue
  • More than 3,900 square feet of combined interior and exterior space
  • Three bedrooms and three‑and‑a‑half baths, including two bedrooms with renovated en‑suite baths

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$50,980
Cap Rate
3.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,019,600 $1.0M
Cap Rate 7%
$728,286 $728.3K
Cap Rate 9%
$566,444 $566.4K
Market Conditions
NOI Build-Up for 3,913 SF
Gross rent
$98.6K $25.20/SF
− Vacancy
−$5.9K −$1.51/SF
EGI
$92.7K $23.69/SF
− OpEx
−$41.7K −$10.66/SF
NOI
$51.0K $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%
$1,019,600
Cap Rate 7%
$728,286
Cap Rate 9%
$566,444

Alternative Uses

Best Use
Apartment 5plus
$728.3K
$637.3K – $849.7K (±1% cap)
NOI $50,980 @ 7.0% cap · market cap 3.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$937.4K
$820.3K – $1.09M (±1% cap)
NOI $65,621 @ 7.0% cap · market cap 5.05%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

4,367
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Residential income properties in Baltimore, MD

$157 Jul
$152 Aug
$149 Sep
$144 Oct

Properties on Market for Residential income properties in Baltimore

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - A renovated high-floor residence pairs three bedrooms with two private terraces and two garage parking spaces.
Where is this residential income property located?
The property is located at 675 PRESIDENT STREET Unit 2801 Baltimore, MD.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: 28th‑floor corner residence at The Vue; More than 3,900 square feet of combined interior and exterior space; Three bedrooms and three‑and‑a‑half baths, including two bedrooms with renovated en‑suite baths
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