711 Gladstone Avenue Baltimore, MD 21210

4,180 Sqft
9,583 Sqft lot
0.22 Acre lot
$525,000 Est. $1,867 / mo.*
Status: Pending
Property Type: Five Or More Units
Year Built: 1900
Days on Website: 23

Courtesy of Benedict J Frederick III, Ben Frederick Realty, Inc..

Description

Located just off of Roland Avenue, a grand tree-lined boulevard designed by world famous landscape architect Frederick Olmstead, your residents are two blocks away from the Roland Park retail district, where they can enjoy a cup of coffee from Starbucks and pick up groceries and prepared meals. One of Baltimore's wealthiest neighborhoods, these Roland Park tenants can enjoy a suburban living experience while benefiting from City life. Roland Avenue features a bike lane and Gladstone Avenue is a quiet, one way street with easy connections, only about a mile away, to I-83 for access to downtown and northern suburbs. This neighborhood has a WalkScore of 73 and A Grade for crime. Additionally, there are public transit options nearby. The first floor Owner's Suite is a 2 bedroom, that has been rented on a three-year lease with built-in annual rent increases. The terrace Apartment was updated more recently and features wall to wall carpeting and a small den for added living space. All other apartments have hardwood flooring in the main living areas. Bathrooms and kitchens have a mix of vinyl, linoleum or laminate flooring. Kitchens include full size refrigerators, mostly original metal cabinets and Formica countertops. 3 of the apartments have 30 electric ranges; 2 have 24 electric ranges. Bathrooms all classic 1950's styling, with wall-mounted sinks, cast iron tubs and ceramic tile tub surround. The owner pays for the heating oil for the building with a 12 year old modern 165,000 BTU Columbia oil-fired hot water radiator heating system. One gas meter provides gas to the 75-gallon water heater. Each apartment has its own electric meter, with 60 Amps of service to each and fuse panels. Take advantage of this incredible opportunity, as the current one-bedroom apartments rent at $800 per month, whereas other one-bedroom apartments in this area rent for $1,000 to $1,500 per month, depending upon the level of upgrades and amenities.

Property Details and Features

  • 4,180 net sqft
  • 4,180 total building sqft
  • Built in 1900
  • 1 unit in building
  • Masonry
  • None
  • None
  • Hardwood
  • Carpet
  • Oil
  • Hot Water
  • Radiator
  • 10 days on market
  • $126 per sqft
  • Property Sub Type: Five Or More Units
  • County: Baltimore City
  • Subdivision: Roland Park
  • 9,375 sqft
  • Lot Size Dimensions: 75' x 125'
  • 0.22 acres
  • Rear Yard
  • SideYard(s)
  • Asphalt
  • Rubber
  • Public Sewer
  • City/Town Tax: $9,242
  • City/Town Tax Pymnt Freq: Annually
  • County Tax: $460
  • County Tax Pymnt Freq: Annually
  • Tax Annual Amount: $9,702
  • Tax Year: 2020
  • Electric Service: Fuses,60 Amp Service
  • Hot Water: Natural Gas