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.
