- For Sale $3,650,000
- Property Type Other
- Units 25
- Date Updated Apr 24, 2024
- Website stjamescourtapartments.sharplaunch.com
1312-1316 Eutaw Pl | Baltimore, MD 21217
Harbor Stone Advisors is pleased to present St. James Court Apartments, a multifamily asset in the Bolton Hill neighborhood of Baltimore City. St. James Court Apartments features 25 large units with a mix of (1) Studio, (6) 1 Br-1 Ba, (14) 2 Br-1 Ba, (2) 3 Br-1 Ba, and (2) carriage homes. There is a landscaped courtyard with secured entry that tenants walk through to reach their units and a shared laundry area. Typical unit features consist of white appliances, wood cabinets, formica countertops, and hardwood/tile flooring.
The opportunity exists for a new owner to renovate all of the units with a suggested scope of stainless steel appliances, updated cabinets, granite countertops, and updated bathrooms. Properties of similar vintage that have undergone renovations of a comparable scope are achieving rents at least $350 higher on average compared to the Subject property. Other value add opportunities include evaluating the possibility of implementing a utility reimbursement program upon renewal and/or new lease.
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Highlights
- Opportunity to Acquire a Multifamily Asset in Bolton Hill
- - Features 25 large units with a mix of (1) Studio, (6) 1 Br-1 Ba, (14) 2 Br-1 Ba, (2) 3 Br-1 Ba, and (2) carriage homes
- - There is a landscaped courtyard with secured entry that tenants walk through to reach their units and a shared laundry area
- - Typical unit features consist of white appliances, wood cabinets, formica countertops, and hardwood/tile flooring
- Ability to Increase Rents Via Renovation Program
- - Opportunity exists for a new owner to renovate all of the units with a suggested scope of stainless steel appliances, updated cabinets, granite countertops, and updated bathrooms
- - Properties of similar vintage that have undergone renovations of a comparable scope are achieving rents at least $350 higher on average compared to the Subject property
- - Other value add opportunities include evaluating the possibility of implementing a utility reimbursement program upon renewal and/or new lease
- Excellent Location in Bolton Hill
- - Easy access to I-83 and Downtown Baltimore
- - Less than a mile from Penn Station and only an 8-minute walk to the closest light rail station
- - Major area employers/colleges nearby: Maryland Institute College of Art (MICA), University of Baltimore, University of Maryland Medical Center (UMMC) Midtown Campus, Social Security Administration
False
Contacts
Location
Getting Around
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Walk Score ®
73/100
Very Walkable
-
Transit Score ®
91/100
Rider's Paradise
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Bike Score ®
69/100
Bikeable
- City Baltimore, MD
- Neighborhood Bolton Hill
- Zip Code 21217
- Market Baltimore
Points of Interest
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State Center
0.38 miles
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Mount Royal / University of Baltimore
0.38 miles
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Cultural Center
0.39 miles
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North Avenue
0.45 miles
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Upton
0.50 miles
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Baltimore Penn Station
0.60 miles
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Centre Street
0.76 miles
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Penn–North
0.87 miles
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Lexington Market
0.98 miles
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Lexington Market
1.05 miles
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Crown
0.50 miles
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Clark
0.57 miles
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Oceanic
0.59 miles
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Marathon
0.62 miles
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BP
0.65 miles
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Sunoco
0.71 miles
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American Fuel
0.72 miles
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Exxon
0.89 miles
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Carroll Motor Fuels
0.91 miles
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Gulf
0.91 miles
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Guest Parking
0.31 miles
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Fitzgerald Garage
0.42 miles
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Symphony Center Parking
0.44 miles
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Maryland Avenue Garage
0.53 miles
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1205 Maryland Avenue Public Parking Lot
0.55 miles
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Theatre Parking
0.57 miles
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Penn Station Parking Garage
0.61 miles
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PNC Bank
0.62 miles
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Maryland General Hospital Parking Garage
0.62 miles
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Monument Place Resident Parking
0.67 miles
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Motel 6
0.56 miles
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Downtown Hotel
0.56 miles
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Hotel Brexton
0.56 miles
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Belvedere
0.67 miles
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Biltmore Suites Hotel - Main Building
0.70 miles
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Biltmore Suites Hotel - Park Avenue Building
0.71 miles
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The Ivy Hotel
0.77 miles
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Revival Baltimore
0.81 miles
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Hotel Indigo
0.94 miles
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La Quinta
1.00 miles
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CookHouse
0.07 miles
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The Tilted Row Pub
0.09 miles
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Sutton Sandwich Shop
0.29 miles
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Wendy's
0.49 miles
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Domino's
0.49 miles
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Hip Hop Fish & Chicken
0.50 miles
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The Land of Kush
0.51 miles
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Poblano Mexican Grill
0.53 miles
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Linden Deli
0.53 miles
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Soup’s On
0.55 miles
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Eutaw-Marshburn Elementary School
0.19 miles
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Mount Royal Elementary-Middle School
0.20 miles
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Renaissance Academy
0.21 miles
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Baltimore School of the Bible
0.22 miles
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Booker T. Washington Middle School
0.23 miles
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Renaissance Academy Booker T. Washington Campus
0.24 miles
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Midtown Academy
0.27 miles
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Maryland Institute College of Art
0.30 miles
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Bethel Christian School
0.33 miles
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Furman L Templeton Elementary School
0.48 miles
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Bolton Hill Nursery
0.18 miles
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All My Children Child Care Center
0.93 miles
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Downtown Baltimore Child Care, Inc.
0.99 miles
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Charles Plaza Child Care & Development
1.14 miles
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Homewood Early Learning Center
1.39 miles
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Saint Vincent de Paul Head Start
1.55 miles
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Headstart, Harford Elementary School Modular
1.88 miles
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Bright Stars Learning Center
2.34 miles
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Mema's Early Learning Center LLC, License
2.36 miles
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Dynamic Deliverance Childcare Center
2.73 miles
Frequently Asked Questions
What is the lease rate for St. James Court Apartments ?
Rental asking rate at St. James Court Apartments is $1,825,000.00/YR.
What is the total square footage of St. James Court Apartments ?
St. James Court Apartments totals 1 square feet.
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