$639,000
1728 Bolton Street is a turnkey Bolton Hill triplex with off-street parking, in-unit laundry and located in one of Baltimore’s prettiest and most established rental neighborhoods. 1728 is near MICA, Light Rail, Penn Station, I-83, MLK Boulevard, downtown Baltimore, and the Reservoir Square redevelopment.
The property has 2 two-bedroom, two-bath apartments and 1 one-bedroom, one-bath apartment. The apartments feature large living areas, tall ceilings, good natural light, and decorative fireplace mantels, giving tenants the space and character that help older Bolton Hill buildings stand out. Kitchens include wood cabinetry, dishwashers, and gas ranges, while bathrooms include modern vanities and ceramic tile flooring. These are durable, tenant-friendly finishes that can stand up to regular rental use.
Laundry is already in place for all three apartments, which is a meaningful tenant amenity in a city rental property. Units 1 and 2 each have a full-size washer and dryer in the basement. Unit 3 has a stacked washer and dryer in the apartment.
Tenants currently pay their in-unit gas and electric, and the washers and dryers are connected to each tenant’s individual electric panel rather than public service electric. This keeps a desirable tenant amenity from becoming a public service expense. A new owner may be able to further improve cash flow by billing tenants back for their share of the water bill and public service electric.
With three licensed apartments, off-street parking, tenant-paid gas and electric, laundry, and 1728 Bolton Street offers a stable long-term hold in prestigious Bolton Hill.
1728 Bolton St, Baltimore
Listing courtesy of Ben Frederick Realty, Inc.. Contact: 4102359500