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$230,000
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Property Description
Prime Investment Opportunity in Vibrant Hollins Market! Welcome to a charming 3-unit property situated in the heart of Baltimore's rapidly revitalizing Hollins Market neighborhood. This unique property comprises a cozy efficiency apartment and a spacious 2-bedroom, 1-bathroom unit, with a commercial space currently operating as an art gallery. The commercial space already generating rental income, and the efficiency apartment and 2-bedroom apartment are equipped with a recent housing inspection and almost rental ready. This is a great opportunity for both investors or savvy owner occupant buyers! Located directly across from the soon-to-reopen Hollins Market, which is undergoing a major renovation set to conclude in just a few weeks, this property offers prime access to the renewed energy and business activity in the area. The neighborhood is experiencing significant growth with a surge of new businesses, eateries, and cultural attractions, making it an up-and-coming hotspot. This investment promises not only immediate income but also long-term value as the area continues to develop. The commercial space is versatile, ideal for various business ventures or to continue its current use as an art gallery, benefitting from high visibility and foot traffic. Embrace the blend of historic charm and modern convenience in a community poised for transformation and seize the opportunity while property prices remain reasonable. Don't miss out-contact us today to explore the potential of this dynamic property in Hollins Market!
Full Property Details
Full Property Details for 1106 Hollins St
General
- Sold For: $230,000
- Taxes: $2,978 (2024)
- Status: Closed
- Type: Triplex
- Source: BrightMLSMidAtlantic
- MLS ID: MDBA2129466
- Added to Site: 590 day(s) ago
Interior
- Interior Features: Carpet, Entry Level Bedroom, Studio
- Appliances: Stove, Refrigerator
- Flooring: Tile/Brick, Carpet, Luxury Vinyl Plank
Parking
- Parking Type: On Street
Location
- Municipality: Baltimore City
- County: Baltimore City
- Development Name: Hollins Market
- Subdivision: Hollins Market
- Driving Directions: On US-40, head west on Franklin - Mulberry Expressway. Turn left onto N Payson St. Turn left onto W Mulberry St. Turn right onto N Carrollton Ave. Turn left onto W Baltimore St. Turn right onto S Arlington Ave. Turn right at the 2nd cross street onto Hollins St. Property will be on the right.
- City Limits: Yes
School Information
- School District: Baltimore City Public Schools
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Colonial
- Architectural Style: Colonial
- Structure Type: Interior Row/Townhouse
- Construction: Brick
- Foundation: Other
- Walls/Ceilings: Dry Wall, Paneled Walls, Plaster Walls
- Stories/Levels: 0
- Square Feet: 1,605
- Sq. Ft. Source: Assessor
- Living Area: 1,605 Sq. Ft.
- Year Built: 1880
- Year Built Source: Assessor
Unit Information
- 1 Bedroom Units: 1
- 2 Bedroom Units: 1
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 661
- Lot Size Source: Assessor
- Zoning: C-1
Financial Considerations
- Price Per Sq. Ft.: $149.47
- Ground Rent: $75
- Assessment Year: 2024
- City/TownTax: $2,837
- City/TownTax Freq: Annually
- County Tax: $141
- County Tax Freq: Annually
- Tax w/Assessment: $128,933
- Tax Amount: $2,978
- Tax Year: 2024
- Terms: Standard Sale
- Owner Pays: Advertising/Licenses and Permits, Common Area Maintenance, Insurance, Lawn/Shrub Care, Management, Repairs, Taxes - Real Estate
- Landlord Pays: Advertising/Licenses and Permits, Common Area Maintenance, Insurance, Lawn/Shrub Care, Management, Repairs, Taxes - Real Estate
- Tax Total Finished Sq. Ft.: 1605
Disclosures and Reports
- Ownership: Ground Rent
- Section: 6
- Lot Number: 49
Listed by Century 21 Downtown, Gina M Gargeu
Sold by Century 21 Downtown, Chris Kouimanis
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Schools
Schools serving 1106 Hollins St
School District:Baltimore City Public Schools
| Name | Grades | Distance |
|---|---|---|
James Mchenry Elementary School, Baltimore, MD 31 South Schroeder Street, Baltimore, MD 21223 | PK-8 | 0.1 mi |
Booker T. Washington Middle School 1301 McCulloh Street, Baltimore, MD 21217 | 6-8 | 1.1 mi |
Stadium School 1400 Exeter Hall Avenue, Baltimore, MD 21218 | 6-8 | 2.9 mi |
Vivien T. Thomas Medical Arts Academy 100 North Calhoun Street, Baltimore, MD 21223 | 9-12 | 0.3 mi |
Augusta Fells Savage Institute Of Visual Arts 1500 Harlem Avenue, Baltimore, MD 21217 | 9-12 | 0.7 mi |
Digital Harbor High School 1100 Covington Street, Baltimore, MD 21230 | 9-12 | 1.7 mi |
Paul Laurence Dunbar High School 1400 Orleans Street, Baltimore, MD 21231 | 9-12 | 2 mi |
Frederick Douglass High School, Baltimore, MD 2301 Gwynns Falls Parkway, Baltimore, MD 21217 | 9-12 | 2.1 mi |
Edmondson-Westside High School 501 North Athol Avenue, Baltimore, MD 21229 | 9-12 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1106 Hollins St
Date
Details
Price
Change
Source
10/10/2024
Sold
$230,000
-4.13%
MLS
6/19/2024
Listed
$239,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1106 Hollins Street, Baltimore, MD 21223 (MLS# MDBA2129466) is a Triplex property that was sold at $230,000 on October 10, 2024. Want to learn more about 1106 Hollins Street? Do you have questions about finding other Triplex real estate for sale in Baltimore? You can browse all Baltimore real estate or contact a Coldwell Banker agent to request more information.

