Flats at 29th

For Sale

301 E 29th St., Baltimore, MD 21218

This Baltimore property for sale is located at 301 E 29th St.. The current listed sale price for Flats at 29th is $850,000.

Contacts

broker

Justin Verner

Harbor Stone Advisors

broker

Brooks Healy

Harbor Stone Advisors

broker

Tom Wohlgemuth

Harbor Stone Advisors

broker

Shana Sabie

Harbor Stone Advisors

broker

Todd Galvin

Harbor Stone Advisors

Property Details

  • Property Type Other
  • Property Size 2,406 SF
  • Units 5
  • Additional Rent Contact for pricing
  • Date Updated Nov 4, 2024

301 E 29th St. | Baltimore, MD 21218

Harbor Stone Advisors is pleased to present Flats at 29th, a renovated multifamily asset located in Charles Village. The property is a 12 minute walk away from Johns Hopkins University (JHU) and MedStar Union Memorial Hospital, two of the top employers in Baltimore City. Flats at 29th is also a 6-minute walk away from a JHU shuttle stop. The JHU Shuttle not only makes stops at the main university campus, but also stops at Penn Station, Johns Hopkins Hospital, and the Peabody Institute of the Johns Hopkins University.

The property features 5 apartments with a unit mix of (4) 1 Br-1 Ba and (1) 3 Br-2 Ba. Prior ownership completed a renovation of the building in 2015 which included apartment renovations.Typical unit features consist of stainless steel appliances, wood cabinets, granite countertops, hardwood flooring, and in-unit washer/dryers.

The opportunity exists for a new owner to organically increase rents at Flats at 29th, as they are currently under market. Properties of similar vintage that have undergone renovations of a comparable scope are achieving rents at least $180 higher on average than the Subject property. There is also an opportunity to implement a water reimbursement program upon renewal and/or new lease.

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Highlights

  • Opportunity to Acquire a Renovated Asset in Charles Village
  • Features 5 apartments with a unit mix of (4) 1 Br-1 Ba and (1) 3 Br-2 Ba
  • Prior ownership completed a renovation of the building in 2015 which included apartment renovations
  • Typical unit features consist of stainless steel appliances, wood cabinets, granite countertops, hardwood flooring, and in-unit washer/dryers
  • Ability to Organically Increase Rents
  • Opportunity exists for a new owner to organically increase rents at Flats at 29th, as they are currently under market
  • Similar properties nearby are achieving rents at least $180 higher on average
  • There is also an opportunity to implement a water reimbursement program upon renewal and/or new lease
  • Half Mile Away from Johns Hopkins University and MedStar Union Memorial Hospital
  • 6-minute walk away from a JHU shuttle stop that makes stops at the main university campus, but also stops at Penn Station, Johns Hopkins Hospital, and the Peabody Institute of the Johns Hopkins University.
  • Close proximity to neighboring areas such as Old Goucher, Hampden and Station North
  • Major area employers/colleges nearby: JHU, MedStar Union Memorial Hospital, Loyola University of Maryland, Morgan State University, University of Baltimore

Attachments

Getting around

  • 89/100

    Walk Score ®

  • 65/100

    Transit Score ®

  • 71/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Baltimore, MD
  • Neighborhood Johns Hopkins Homewood
  • Zip Code 21218
  • Market Baltimore

Points of Interest

  • North Avenue

    1.04 miles

  • Woodberry

    1.31 miles

  • Baltimore Penn Station

    1.34 miles

  • Mount Royal / MICA

    1.34 miles

  • Cultural Center

    1.60 miles

  • Penn–North

    1.68 miles

  • State Center

    1.75 miles

  • Upton

    1.80 miles

  • Cold Spring Lane

    1.94 miles

  • Mount Vernon

    2.07 miles

  • Tesla Destination Charger

    0.14 miles

  • SemaConnect

    0.41 miles

  • US Fuel

    0.57 miles

  • Crown

    0.57 miles

  • Carroll Motor Fuels

    0.58 miles

  • Exxon

    0.60 miles

  • eVgo

    0.67 miles

  • Blink

    0.71 miles

  • Sunoco

    0.83 miles

  • Oceanic

    0.97 miles

  • West Garage

    0.29 miles

  • Baltimore Police Department Parking

    0.30 miles

  • R. House Parking

    0.32 miles

  • Papermoon Diner

    0.34 miles

  • Homewood Garage

    0.49 miles

  • Johns Hopkins at Keswick Parking Garage (Employee Only)

    0.70 miles

  • Brown Rice Parking

    0.72 miles

  • Theatre Parking

    1.21 miles

  • Parking-Loyola

    1.32 miles

  • Fitzgerald Garage

    1.32 miles

  • Inn at the Collonade

    0.50 miles

  • Motel 6

    1.07 miles

  • Downtown Hotel

    1.56 miles

  • The Ivy Hotel

    1.66 miles

  • Belvedere

    1.72 miles

  • Hotel Brexton

    1.77 miles

  • Ulysses

    1.88 miles

  • Biltmore Suites Hotel - Park Avenue Building

    1.97 miles

  • Biltmore Suites Hotel - Main Building

    1.97 miles

  • Midtown Inn

    1.98 miles

  • Charles Street Market

    0.19 miles

  • Streets Market

    0.21 miles

  • Punjab Groceries & Halal Meat

    0.43 miles

  • International Grocery & Halal Meat

    0.55 miles

  • Giant

    0.63 miles

  • Safeway

    0.72 miles

  • The Rotunda

    0.88 miles

  • MOM's Organic Market

    0.89 miles

  • Supermarket

    1.03 miles

  • Save-A-Lot

    1.43 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.

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