Property Description

Turnkey mixed-use investment opportunity in the heart of Old Goucher, nestled between Charles Village, Remington, and Station North. This four-story brick building delivers immediate cash flow from three 1-bedroom apartments and a ground-floor commercial space currently operating as a private club. Each of the three residential units is a well-appointed 1-bedroom with its own electric meter, individual heat pump, and dedicated water heater — keeping utility management simple and expenses predictable. Every residential unit is plumbed and ducted for an in-unit washer/dryer, a highly sought-after amenity that supports premium rents and strong tenant retention. Two of the three apartments are currently leased at $1,080.75 and $1,135.00/month, respectively, with one unit vacant and ready for your finishing touches — lease it immediately at market rate or move in yourself. The ground-floor commercial space is leased to a private club at $750.00/month. C-1 (Community Commercial) zoning supports a broad range of future uses — food and beverage, retail, office, and personal services — providing long-term flexibility. The space is independently climate-controlled with a ductless mini-split system. The location is exceptional for tenant retention: a Walk Score of 95, Transit Score of 70, and Bike Score of 90 make this one of the most accessible addresses in the city. High visibility on a busy commercial corridor supports strong demand for the retail space. Close to John Hopkins and public transportation.

Property Features

Local Schools