Residential Income Property with Water
675 S PRESIDENT STREET Unit 2102, Baltimore, MD 21202
For Sale
$310,000
An 862-square-foot, one-bedroom residence features floor-to-ceiling windows, an updated kitchen and bath, and deeded garage parking.
Property Size862 SF
Price / SF$359.63
Days on Market21
Property Features for 675 S PRESIDENT STREET Unit 2102
General Information
Standard status
Size
Total Parking Spaces
Elevators
Property subtype
Site & Location
Neighborhood
Highway Access
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
concierge
24-hour security
controlled-access lobby
secured mail room
package acceptance
on-site recycling center
pet-friendly
landscaped terrace with dog walking area
Building Details
Building Size
Year Built
Listing Agency:
Everything Real Estate, LLC
Listed By:
John Stockton · License MD #669972
(410) 660-0013
Source:
Thehulsmangroup
Added: Oct 22
Changed: Nov 8
Last Checked: Nov 10 at 2:08PM
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 Everything Real Estate, LLC
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Investment Insights
Based on property information with market context.
This 862-square-foot, one-bedroom condominium residence, built in 2006, has floor-to-ceiling windows and a layout with separate living and dining areas. Maple hardwood flooring runs through the main living spaces. The kitchen has granite counters, custom backsplash, flat-panel cabinetry, and stainless-steel appliances; the bedroom includes a walk-in closet. The updated bathroom features a frameless glass shower, tiled surround, and built-in bench. In-unit washer and dryer hookups and one deeded garage parking space are included.
The Vue provides on-site management, a staffed front desk and concierge, 24-hour security, controlled lobby access, and package acceptance. Building amenities include a landscaped terrace with a dog-walking area, an on-site recycling center, and access to a fitness club and cinema on level 2. The residence offers water views and is near Whole Foods, Starbucks, restaurants, shops, the waterfront promenade, the Inner Harbor, and Fells Point, with access to I-83 and downtown.
The Vue provides on-site management, a staffed front desk and concierge, 24-hour security, controlled lobby access, and package acceptance. Building amenities include a landscaped terrace with a dog-walking area, an on-site recycling center, and access to a fitness club and cinema on level 2. The residence offers water views and is near Whole Foods, Starbucks, restaurants, shops, the waterfront promenade, the Inner Harbor, and Fells Point, with access to I-83 and downtown.
Key Highlights
- 862‑square‑foot, one‑bedroom condominium residence
- Floor‑to‑ceiling windows with water views
- One deeded garage parking space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,230
Cap Rate
3.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$224,600
$224.6K
Cap Rate 7%
$160,429
$160.4K
Cap Rate 9%
$124,778
$124.8K
Market Conditions
NOI Build-Up for 862 SF
Gross rent
$21.7K $25.20/SF
− Vacancy
−$1.3K −$1.51/SF
EGI
$20.4K $23.69/SF
− OpEx
−$9.2K −$10.66/SF
NOI
$11.2K $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%
$224,600
Cap Rate 7%
$160,429
Cap Rate 9%
$124,778
Alternative Uses
Best Use
Apartment 5plus
$160.4K
$140.4K – $187.2K
NOI $11,230 @ 7.0% cap · market cap 3.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$206.5K
$180.7K – $240.9K
NOI $14,456 @ 7.0% cap · market cap 4.66%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
4,367
Businesses Nearby
Explore this area
Business Placement
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
$307,700
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Baltimore, MD
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Frequently Asked Questions
What type of property is this?
Residential income property - An 862-square-foot, one-bedroom residence features floor-to-ceiling windows, an updated kitchen and bath, and deeded garage parking.
Where is this residential income property located?
The property is located at 675 S PRESIDENT STREET Unit 2102 Baltimore, MD.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: 862‑square‑foot, one‑bedroom condominium residence; Floor‑to‑ceiling windows with water views; One deeded garage parking space
