Welcome home to this Loft-style 2BR/2BA contemporary townhome two blocks from the waterfront in the heart of historic Fells Point with 2-Car Garage Parking and phenomenal rooftop deck. Built in 2015, this gorgeous townhouse looks like a brand new home and boasts an open Gourmet Kitchen with 6-burner commercial range, granite countertops & large island completely open to the spacious Living Room. Other noteworthy details include energy-efficient tankless water heater, custom steel stairs and rails, random-width wood floors, wood garage & entry doors, exposed brick, and study loft. Each upper floor has a bedroom and full bathroom, making it a perfect abode for guests/office/roomma
The property currently averages $1,300 per residential unit, below the projected market rent of $1,962, creating significant income growth potential through residential repositioning. Additional upside comes from leasing the vacant commercial space at a projected market rate of $2.27/SF. At Year 1 stabilization, the property is projected to generate $77,234 in NOI, equating to a 16% cap rate, increasing to 17% by Year 5 through contractual rent escalations. Achieving these returns will depend on successful residential repositioning and commercial lease-up. The two-story mixed-use property includes two residential units totaling approximately 2,240 SF and one vacant 3,520 SF retail unit, for
Wood-look flooring • Updated toilets • Modern vanities
(410) 498-5408
Loading...
ABOUT THIS HOME
21281, MD Homes for Sale
* Fully Renovated Brick Townhome with 4 Bedrooms and 2 Full Baths * * This beautifully renovated brick townhome offers a modern design, quality finishes, and a functional layout across three finished levels. The second floor features three spacious bedrooms and a beautifully updated full bath. The main level offers bright, open living and dining spaces that flow into a stylish, updated kitchen with contemporary finishes, creating an ideal setting for both everyday living and entertaining. The fully finished basement expands the home's living space with a fourth bedroom, a second full bath, and additional flexible space that can be used as a guest suite, family room, home office, or recrea
Welcome to 248 S Collington Ave, a beautifully appointed 3-bedroom, 3.5-bathroom home offering the perfect blend of modern comfort, versatile living space, and incredible outdoor entertaining areas. Just steps from Patterson Park, this home puts one of Baltimore’s most beloved parks and the best of city living right at your doorstep. Inside, you’ll find a spacious and thoughtfully designed layout featuring stainless steel appliances, multiple living areas, and a full basement offering valuable additional living space — perfect for a home office, gym, media room, or recreation area. The third-floor primary suite provides a private retreat with its own deck, while the home&r