Property summary
This exceptional 27-unit apartment building, located at 201 S Conkling St, Baltimore, MD 21224, presents a compelling investment opportunity. The property, built in 1920 and extensively renovated in 2017, boasts 28,822 square feet on a 0.334-acre lot. The three-story building features a mix of studio, one-bedroom, and two-bedroom units, currently enjoying a 96% occupancy rate. The 2017 gut renovation transformed this former schoolhouse into a modern luxury complex, complete with updated mechanical systems, stainless steel appliances, granite countertops, hardwood/ceramic tile flooring, in-unit washer/dryers, and high-end finishes throughout. Building amenities include gated parking, a media club room, and a pet washing station, all secured by controlled access. The property is zoned R-8 and benefits from an existing CHAP Tax Credit extending through the 2026-2027 tax year. Its prime location in Highlandtown offers convenient access to nearby retail, dining, and nightlife, including Mobtown Brewing Company, Canton Crossing Shopping Center, and O'Donnell Square. Furthermore, it's a short six-minute drive to the Johns Hopkins Bayview Campus. The asking price is $4,500,000, representing a unique opportunity to acquire a well-maintained, high-performing asset with significant upside potential for rental increases. The property's APN is 26-16-6302-001 and is offered fee simple.
Property profile
VerifiedCap rate & NOI
Current use
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Apartment Building
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Church Mosque
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Sports Field & Court
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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