2105-2111 Maryland Avenue

Description

Located between the ever-growing Charles Village neighborhood, the Mount Vernon district, Station North Arts District and fast-growing Remington, Old Goucher is the next hot real estate market in Baltimore. 2105-2111 Maryland Avenue offers 8,432 above-grade square feet. C -1 zoning offers density residential apartments and commercial uses as a matter of right.Current Unit Mix:One 3-Bedroom, 2-Bathroom ApartmentOne 2-Bedroom ApartmentFour 1-Bedroom ApartmentsFour Commercial Office SpacesC-1 Zoning density allows as many as 20 apartments on this site; however, within the existing building envelope and room layout, creating 15 apartments seems feasible and reasonable.One apartment is renovated: its kitchen features granite countertops, shaker cabinets, and stainless steel appliances; living areas have high ceilings and engineered plank floors; in-suite clothes washer and dryer; and an updated bathroom with modern vanity and ceramic tile floor and tub enclosure.One apartment is roughed-in and could be easily finished to the same degree.One apartment is tenant-occupied and could cash-flow as-is, or updates could increase rents. Current finishes include kitchens with laminate counters, wood and laminate cabinets, and laminate floors; living areas with carpet and laminate floors, and bathrooms with a mix of modern vanities and pedestal sinks; steel tubs and stand-up showers; and ceramic tile floors.2111 Maryland Avenue houses an additional two apartments: a three-bedroom on the upper floors, and large one-bedroom on the lower floors, which has significant water damage and will require extensive rehab.2105-2109 Maryland is permitted for two dwelling units. 2111 Maryland is permitted as single-family.2105, 2107, and 2109 Maryland each have first-floor walk-up office spaces. These spaces could be contiguous for tenants in need of larger spaces; or split off for tenants in need of smaller spaces.The basement of all three buildings is combined into one large office space. Currently tenant-occupied, this space includes a large open working area, a conference room, a kitchenette, and two bathrooms.2105-2109 Maryland Avenue has seven electric meters and one gas meter; 2111 Maryland has two electric meters and one gas meter.Four apartments have separate electric heat pumps with corresponding air conditioning systems, and have separate hot water heaters. Two apartments use a gas-fired hot water boiler with baseboard distribution. The commercial suites share a hot water boiler with baseboard distribution.Observable water supply pipes are copper and steel. Observable drain lines are pvc. The buildings have a mix of aluminum-clad and vinyl double-pane, double-hung windows, with some single-pane wood windows. 2105 and 2111 Maryland Avenue have 90 lb mineral felt roofs; 2107 Maryland Avenue has a rubber roof; and 2109 Maryland Avenue has a rubber roof with elastomeric coating. Asphalt parking pad in rear can accommodate 7 cars.Old Goucher is home to a diverse array of restaurants and bars, such as Dutch Courage, a gin-centric cocktail bar at 2219 North Charles Street, or Fadensonnen, a beer garden opened by restauranteur Lane Harlan at 3 West 22nd Street. Tenants enjoy the eclectic mix of eateries, art venues, and shops in the neighborhood.Located in central Baltimore City, Old Goucher offers commuters a quick drive to points north or south via I-83. 2105-2111 Maryland Avenue garners a 94 WalkScore, or +G+Walker+GGs Paradise+G-; an 88 TransitScore for its +G+Excellent Transit+G-; and an 84 BikeScore, being located along Maryland Avenue+GGs Cycle Track.