Historic Union Square Gem Triplex – Legally Zoned 3-Unit Property. Property SOLD AS-IS.
Just steps from the park, this legally zoned 3-unit property at 1421 Hollins Street offers a prime opportunity for savvy investors. Currently fully rented, this residence generates a total monthly revenue of $3,885 ($3,735 rent + $150 water), making it a solid investment close to key Baltimore landmarks. Rents can be increased. Ground Rent $50 semi-annually.
Property Highlights:
Unit 1: This two-level unit features generous ceiling heights, a main-level bedroom with private deck access, and a fully fenced yard with mature trees. The finished lower level includes a second bedroom, full bathroom, and family room with a gas fireplace.
Units 2 and 3: Two clean and updated one-bedroom apartments provide steady rental income, making this property an excellent financial opportunity.
Utilities: Each unit is separately metered for gas and electric, with three private heating systems and a shared laundry room in the lower level for added convenience.
This end-of-group home is flooded with natural light and boasts a stunning curved staircase from the main level to the top floor. Situated in a strong, owner-occupied community, this property is just moments from the University of Maryland Medical Center, downtown Baltimore, and M&T Bank Stadium.
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