- For Sale $890,000
- Property Type Other
- Units 12
- Date Updated Apr 26, 2024
- Website roslynapartments.sharplaunch.com
2210 Roslyn Ave. | Baltimore, MD 21216
Harbor Stone Advisors is pleased to present the opportunity to acquire Roslyn Apartments, a well-maintained multifamily asset located in Northwest Baltimore City. The property consists of 12 units with a mix of (6) 1 Br-1 Ba and (6) 2 Br-1 Ba. Current ownership completed a gut renovation of the property in 2014 which included apartment renovations. Typical unit features include white appliances, wood cabinets, laminate countertops, and tile/wood flooring. In addition to apartment renovations, ownership also replaced the roof, windows, and doors, updated all mechanical systems, refreshed the common area, and performed exterior brickwork.
The opportunity exists for a new owner to organically increase rents, as rents at Roslyn Apartments are under market. Comparable properties in the area are achieving rents at least $200 higher on average than the Subject property. Additionally, a new owner can also lease to Section 8 tenants, providing a certainty of rental income.
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Attachments
Highlights
- Opportunity to Acquire a Well-Maintained Multifamily Asset in Northwest Baltimore City
- Consists of 12 units with a mix of (6) 1 Br-1 Ba and (6) 2 Br-1 Ba
- Typical unit features include white appliances, wood cabinets, laminate countertops, and tile/wood flooring
- Some units have balconies and all tenants reimburse for water
- Minimal Deferred Maintenance and Ability to Substantially Increase Rents
- Current ownership completed a gut renovation of the property in 2014 which included apartment renovations, roof, window, and door replacements, update of mechanical systems, refresh of the common area, and exterior brickwork
- Opportunity exists for a new owner to organically increase rents; comparable properties in the area are achieving rents at least $200 higher on average than the Subject property
- A new owner can also lease to Section 8 tenants, providing a certainty of rental income
- Located in Mt. Holly Area of NW Baltimore City
- Easy access to major highways and multiple bus stops are located near the property
- Major area employers nearby: Sinai Hospital, Social Security Administration, Coppin State University
- Major area colleges nearby: Coppin State University, Baltimore City Community College
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Contacts
Location
Getting Around
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Walk Score ®
36/100 Car-Dependent -
Transit Score ®
52/100 Good Transit -
Bike Score ®
29/100 Somewhat Bikeable
- City Baltimore, MD
- Neighborhood Windsor Hills
- Zip Code 21216
- Market Baltimore
Points of Interest
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West Cold Spring
1.61 miles
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Mondawmin
1.85 miles
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Rogers Avenue
2.02 miles
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West Baltimore
2.39 miles
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Penn–North
2.41 miles
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Woodberry
2.56 miles
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Reisterstown Plaza
2.67 miles
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Upton
2.86 miles
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Cold Spring Lane
2.87 miles
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North Avenue
3.46 miles
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BP
0.79 miles
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Crown
0.83 miles
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BP
1.02 miles
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CF Carroll Motor Fuels
1.19 miles
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Royal Farms
1.23 miles
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Gulf
1.42 miles
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BP
1.52 miles
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Shell
1.58 miles
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Carroll Motor Fuels
1.59 miles
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Shell
1.75 miles
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Lot J
1.55 miles
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Lot E1
1.58 miles
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I-70 Park and Ride
1.60 miles
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Lot E2
1.61 miles
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Lot E3
1.66 miles
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Lot D
1.68 miles
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Lot F
1.73 miles
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Lot C
1.74 miles
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Lot G
1.78 miles
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Lot B
1.80 miles
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Red Carpet Inn
2.42 miles
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Leisure Inn
2.92 miles
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Days Inn
2.96 miles
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Motel 6
2.99 miles
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Holiday Inn Express & Suites
3.12 miles
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Best Western
3.17 miles
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Hampton Inn & Suites Baltimore/Woodlawn
3.19 miles
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Quality Inn
3.27 miles
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Delta Hotels Marriott
3.47 miles
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Motel 6
3.67 miles
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New York Chicken Fish & Grill
1.00 miles
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Subway
1.20 miles
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EZ-mart
1.22 miles
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Popeyes
1.50 miles
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Kimmy's Soul Food
1.51 miles
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Subway
1.54 miles
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TGI Friday's
1.69 miles
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Auntie Anne's
1.69 miles
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Popeyes
1.70 miles
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Pak Man Fried Chicken
1.80 miles
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Windsor Hills Elementary School
0.23 miles
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Walbrook High School
0.66 miles
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Liberty Elementary School
0.72 miles
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Hilton Elementary School
0.73 miles
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Edgewood Elementary School
0.74 miles
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New Madenah Academy
0.77 miles
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Dickey Hill Elementary School
0.96 miles
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Our Lady of Lourdes School
1.01 miles
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Calvin Rodwell Elementary School
1.06 miles
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All Saints School
1.06 miles
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The New Rogers Avenue Day Nursery
1.84 miles
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Children of Victory Learning Center
2.44 miles
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Homewood Early Learning Center
3.42 miles
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Bolton Hill Nursery
3.46 miles
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Kiddie Calvert
3.55 miles
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Downtown Baltimore Child Care, Inc.
3.70 miles
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Little Darlings Childcare Learning Center
4.01 miles
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All My Children Child Care Center
4.17 miles
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Charles Plaza Child Care & Development
4.17 miles
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Bright Stars Learning Center
4.42 miles
Frequently Asked Questions
What is the lease rate for Roslyn Apartments?
Rental asking rate at Roslyn Apartments is $445,000.00/YR.
What is the total square footage of Roslyn Apartments?
Roslyn Apartments totals 9,669 square feet.
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