London House

For Sale

6101 Park Heights Ave., Baltimore, MD 21215

This Baltimore property for sale is located at 6101 Park Heights Ave.. Contact the listing broker for details on the current sale price for London House.

Contacts

broker

Justin Verner

Harbor Stone Advisors

broker

Brooks Healy

Harbor Stone Advisors

broker

Tom Wohlgemuth

Harbor Stone Advisors

broker

Matt Cooper

Alex Cooper Auctioneers

broker

Shana Sabie

Harbor Stone Advisors

broker

Todd Galvin

Harbor Stone Advisors

Property Details

  • Property Type Other
  • Property Size 38,027.88 SF
  • Units 37
  • Additional Rent Contact for pricing
  • Date Updated Oct 4, 2024
  • Website londonhouse.sharplaunch.com

6101 Park Heights Ave. Baltimore, MD 21215

Harbor Stone Advisors and Alex Cooper Auctioneers are pleased to present London House Apartments, a mid-rise asset with value add potential located in Upper Park Heights. London House Apartments features a mix of (3) Studios, (17) 1 Br-1 Ba, (16) 2 Br-2 Ba, and (1) commercial unit. The commercial space is leased to a medical office through December 2024. Property amenities include a surface parking lot, two garages, balconies/patios for most units, and on-site laundry facility. Typical unit features consist of white/black appliances, formica countertops, wood cabinets, and carpet/laminate/tile flooring. Current ownership has installed a new hardwired fire system and is in the process of replacing the elevator.

The opportunity exists for a new owner to renovate all of the residential units at London House, with a suggested scope of black/stainless steel appliances, granite countertops, updated bathrooms, plank flooring throughout, and modern hardware/fixtures. Comparable properties nearby are achieving rents at least $230 higher than the Subject property. A new owner can also renovate the down unit and bring it back online, refresh the common areas, and convert the two garages to either an amenity space or an additional unit.

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Highlights

  • Mid-Rise Asset with Value Add Potential in Upper Park Heights
  • Features a mix of (3) Studios, (17) 1 Br-1 Ba, (16) 2 Br-2 Ba, and (1) commercial unit
  • Commercial space is leased to a medical office through December 2024
  • Property amenities include a surface parking lot, two garages, balconies/patios for most units, and on-site laundry facility
  • Typical unit features consist of white/black appliances, formica countertops, wood cabinets, and carpet/laminate/tile flooring
  • Significant Potential to Increase Rents Via Renovation Program
  • Opportunity exists for a new owner to renovate all of the residential units, with a suggested scope of black/stainless steel appliances, granite countertops, updated bathrooms, plank flooring throughout, and modern hardware/fixtures
  • Comparable properties nearby are achieving rents at least $230 higher on average than the Subject property
  • Other value add opportunities include renovating the down unit and bringing it back online, refreshing the common areas and converting the two garages to either an amenity space or an additional unit
  • Excellent Location in NW Baltimore
  • Easy access to I-695; multiple public transportation options nearby such as bus stops and the Reisterstown Plaza metro station
  • Major area employers nearby: Sinai Hospital, Social Security Administration
  • Major area colleges nearby: Stevenson University, Towson University, Loyola Blakefield, Goucher College

Attachments

Getting around

  • 49/100

    Walk Score ®

  • 60/100

    Transit Score ®

  • 42/100

    Bike Score ®

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Location

  • City Baltimore, MD
  • Neighborhood Cross Country
  • Zip Code 21215
  • Market Baltimore

Points of Interest

  • West Cold Spring

    1.81 miles

  • Falls Road

    2.59 miles

  • Upton

    4.78 miles

  • Mount Royal / University of Baltimore

    5.19 miles

  • Centre Street

    5.70 miles

  • Owings Mills

    5.83 miles

  • Baltimore Arena

    6.15 miles

  • Timonium Business Park

    6.25 miles

  • Charles Center

    6.30 miles

  • Camden Station

    6.41 miles

  • BP

    0.51 miles

  • Gulf

    0.53 miles

  • Exxon

    0.56 miles

  • BP

    0.61 miles

  • Crown

    0.63 miles

  • Exxon

    0.64 miles

  • CIF

    0.66 miles

  • Sunoco

    0.70 miles

  • Exxon

    0.85 miles

  • Shell

    1.02 miles

  • D

    0.90 miles

  • C

    0.91 miles

  • Cylburn Parking Garage

    1.66 miles

  • Maryland State Police Headquarters

    2.06 miles

  • D-1 Garage

    2.07 miles

  • Lower Lot

    2.08 miles

  • Mt. Washington Conference Center Visitor Lot

    2.10 miles

  • Davis Building Visitor Lot

    2.17 miles

  • Davis Garage

    2.21 miles

  • Mount Washington Park & Ride

    2.22 miles

  • Red Carpet Inn

    0.57 miles

  • Mt. Washington Conference Center

    2.12 miles

  • Delta Hotels Marriott

    2.41 miles

  • Ramada by Wyndham Pikesville/Baltimore North

    2.78 miles

  • DoubleTree by Hilton Baltimore

    2.82 miles

  • Hampton Inn & Suites Baltimore/Woodlawn

    3.92 miles

  • Best Western

    3.95 miles

  • Leisure Inn

    4.09 miles

  • Inn at the Collonade

    4.19 miles

  • Days Inn

    4.22 miles

  • Giant

    0.80 miles

  • Big Lots

    0.84 miles

  • Save-A-Lot

    0.95 miles

  • Stolichny European Deli

    0.98 miles

  • Harvest Fare

    0.98 miles

  • International Food Market

    1.14 miles

  • Shoppers

    1.15 miles

  • ALDI

    1.76 miles

  • Fresh Market

    1.92 miles

  • Shoprite

    1.93 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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