1733 Linden Avenue presents a compelling opportunity to acquire a four unit multifamily property in Bolton Hill, ideally positioned for either an investor or an owner occupant looking to offset housing costs with rental income. Located on a quiet, non through block just steps from Sumter Park, the property offers convenient access to Penn Station, MICA, the University of Maryland, Johns Hopkins University and Hospital, Mount Vernon, Station North, and downtown Baltimore.
For commuters, Penn Station provides easy access to the MARC train to Washington, DC, as well as Amtrak service to Philadelphia, New York, and destinations throughout the Northeast Corridor.
The property will be delivered completely vacant, giving the next owner the flexibility to establish new leases, renovate and reposition the units, or occupy one unit while renting the remaining three. The property had been owner occupied for many years, and because this is an estate sale, the seller does not have documented rental income history. Any projected rents should therefore be independently verified by the buyer.
The first floor contains two separate units. The front unit is an efficiency or one bedroom configuration, while the rear unit is a one bedroom apartment. The second floor was originally used as the owner’s unit and occupies the entire level, offering a spacious layout that could function as a generous one bedroom or potentially a two bedroom. The third floor contains an additional apartment. The potential tenant pool is broad, including MICA students, University of Maryland and Johns Hopkins students and employees, medical professionals, young professionals, and commuters who value proximity to Penn Station.
The interior has recently been painted from top to bottom, providing a fresh starting point for the next owner. A long rear lot includes an existing parking pad with valuable off street parking. A buyer may also wish to explore the possibility of constructing a garage or making additional improvements to the rear of the property, subject to Baltimore City approvals and buyer due diligence.
This is an estate sale and the property is being sold strictly as is. The seller will make no repairs. Inspections are welcome for the buyer’s informational purposes only.
With four units, vacant delivery, off street parking, a central Bolton Hill location, and multiple options for future use, 1733 Linden Avenue offers significant potential for both an income focused investor and an owner occupant seeking to combine homeownership with rental income.
Bolton Hill is a historic central Baltimore neighborhood known for grand nineteenth century townhomes, tree lined streets, and proximity to cultu...
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