1106 Hollins St Baltimore, MD 21223-2766
Property summary
This exceptional investment opportunity presents a fully-leased, three-unit property located at 1106 Hollins Street in Baltimore, Maryland, 21223. The property consists of a cozy efficiency apartment, a spacious two-bedroom, one-bathroom unit, and a commercial space currently operating as an art gallery. Both the efficiency apartment and the commercial space generate consistent rental income, while the two-bedroom unit is ready for immediate rental. This presents a strong cash flow potential from day one. The property benefits from its prime location directly across from the soon-to-reopen, extensively renovated Hollins Market. This revitalization project is nearing completion, promising increased foot traffic and business activity in the immediate vicinity. The Hollins Market neighborhood is experiencing significant growth, attracting new businesses, restaurants, and cultural attractions, making it a rapidly developing and desirable area. The versatile commercial space offers high visibility and is suitable for a variety of business ventures, allowing for flexibility and potential for increased rental income. The asking price for this property is $239,900. This represents a compelling investment opportunity in a rapidly appreciating area, offering both immediate income and significant long-term growth potential. The property's blend of historic charm and modern convenience, coupled with its strategic location, makes it an attractive proposition for discerning investors seeking strong returns in a thriving Baltimore neighborhood.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
ermitted and Conditional Uses Table 9-401 Rowhouse and Multi-Family Residential Districts - Bulk and Yard Regulations Table 10-301 Commercial Districts - Permitted and Conditional Uses Table 10-401 Commercial Districts (…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Baltimore, MDermitted and Conditional Uses Table 9-401 Rowhouse and Multi-Family Residential Districts - Bulk and Yard Regulations Table 10-301 Commercial Districts - Permitted and Conditional Uses Table 10-401 Commercial Districts (…
Zoning
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Zoning designation
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