Property profile

201 Conkling St Baltimore, MD 21224

OFF-MARKET
Apartment buildings
Property ID
US40-1522600
28,822 SF 0.33 ac lot Built 1920
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Property summary

AI-generated overview

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

Verified
Property type Apartment buildings
Year built 1920
Total area 28,822 SF
Lot 0.33 ac (14,549 SF)
UPID US40-1522600

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Building
  • Church Mosque
  • Sports Field & Court

Location

201 Conkling St Baltimore, MD 21224
Baltimore metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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