Property Details
- Property Type Other
- Units 8
- Additional Rent Contact for pricing
- Date Updated Nov 4, 2024
Situated in the heart of Baltimore, 316 N Paca St is a three-story multi-family building offering an outstanding investment opportunity. It is within walking distance to major institutions like the University of Maryland and a short drive from other major universities such as Johns Hopkins University and MICA. The property is also near major employers, including prominent healthcare facilities such as the University of Maryland Medical Center and Mercy Medical Center.
Residents can enjoy shopping at the historic Lexington Market, as well as a variety of retail and dining options at Harborplace & The Gallery and The Shops at Canton Crossing. The property is also well-connected, with quick access to Interstate 95 (I-95) and Interstate 83 (I-83). Additionally, it is only a few blocks away from Oriole Park at Camden Yards and M&T Bank Stadium, the homes of the Baltimore Orioles and the Baltimore Ravens, respectively.
The building features four studios, three 1-bedroom, 1-bathroom units, and one 2-bedroom, 1-bathroom unit, with the potential to increase rents by 22%.
The proximity to major entertainment venues boosts demand for rental properties, leading to higher occupancy rates and rental income. Additionally, properties in such desirable locations often experience appreciation in value over time, presenting opportunities for capital gains for investors.
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Highlights
- - Walking distance from the University of Maryland campuses and a short drive to prominent universities such as Johns Hopkins University and MICA.
- -Convenient for travel, in close proximity to Lexington Market subway station, Charles Center, Interstate 95 (I-95), and Interstate 83 (I-83).
- -Sorrounded by local employers such as University of Maryland Medical Center and Mercy Medical Center
- -A few blocks to Oriole Park at Camden Yards stadium and M&T Bank Stadium, the homes of two prominent professional teams: the Baltimore Orioles of Major League Baseball and the Baltimore Ravens of the National Football League.
- -On-site washer and dryer facility
- - Can increase rents by 22%
Attachments
Getting around
-
Walk Score ®
-
Transit Score ®
-
Bike Score ®
Location
- City Baltimore, MD
- Zip Code 21201
Points of Interest
-
Shot Tower
1.19 miles
-
Charles Center
1.47 miles
-
Johns Hopkins Hospital
1.47 miles
-
Stadium / Federal Hill
1.51 miles
-
Camden Street
1.55 miles
-
Camden Station
1.57 miles
-
Baltimore Arena
1.70 miles
-
Lexington Market
1.93 miles
-
Mount Vernon
2.06 miles
-
State Center
2.41 miles
-
BP
0.51 miles
-
Tesla Supercharger
0.67 miles
-
Mystik
0.74 miles
-
Shell
0.87 miles
-
Maryland Science Center
1.09 miles
-
US Fuel
1.20 miles
-
Citgo
1.30 miles
-
Sunoco
1.31 miles
-
Marathon
1.43 miles
-
ChargePoint
1.76 miles
-
Union Wharf Garage
0.36 miles
-
Caroline Street Garage
0.42 miles
-
Fleet & Eden Garage
0.65 miles
-
Little Italy Garage
0.78 miles
-
Da Mimmo Parking
0.90 miles
-
Old Bay Garage
0.94 miles
-
Pier 6 Parking
0.96 miles
-
Church Garage
1.08 miles
-
Harbor Park Garage
1.12 miles
-
Lockwood Place Garage
1.13 miles
-
The Inn at Henderson's Wharf
0.28 miles
-
Sagamore Pendry Baltimore
0.34 miles
-
Admiral Fell Inn
0.38 miles
-
The Inn at the Black Olive
0.43 miles
-
Courtyard
0.64 miles
-
Hyatt Place Baltimore/Inner Harbor
0.68 miles
-
Four Seasons
0.71 miles
-
Hilton Garden Inn
0.72 miles
-
Homewood Suites
0.73 miles
-
Courtyard Baltimore Downtown/McHenry Row
0.75 miles
-
Whole Foods Market
0.56 miles
-
Harris Teeter
0.75 miles
-
Safeway
0.75 miles
-
Giant
0.77 miles
-
Burlington
1.09 miles
-
Marshalls
1.10 miles
-
Pratt Street Pavilion (Harbor Place)
1.22 miles
-
Light Street Pavilion (Harbor Place)
1.25 miles
-
The Gallery at Harborplace
1.29 miles
-
Target
1.38 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.