318 N Paca St, Baltimore, MD 21201

Property Description

Renovated 10-unit apartment property located in Seton Hill, on the edge of the Bromo Arts District. Units have recently been renovated with new kitchens, new HVAC, LVP flooring, vinyl replacement windows, new bathrooms, water heaters, and digital thermostats, and are fully independent and habitable. Kitchens are fully equipped with stainless steel refrigerators, stoves, built-in microwaves, new cabinets, and countertops. The property is fully licensed with a 10-unit rental license, and units have separate meters (gas and electric). Laundry areas are available within the premises. The building includes a 9-car parking lot at the back (entrance through Diamond St). This property puts you in the middle of downtown Baltimore’s medical, educational, and cultural core. Walk to Lexington Market, the Lexington Market Metro station, the University of Maryland Medical Center, UMB campus, BioPark, the Hippodrome, Everyman Theatre, and Royal Farms Arena. A short drive reaches I-395, I-95, I-83, Mercy Medical Center, Johns Hopkins Hospital, the University of Baltimore, MICA, Camden Yards, M&T Bank Stadium, and the Inner Harbor. This investment not only promises great cash flow opportunities and long-term growth potential in a market that values unique residential spaces. Serious inquiries and showings by appointment only.