Skip to main content

Multifamily

1207 S Hanover St

1207 S Hanover St, Baltimore, MD 21230

Listing Price: $560,000

Cap Rate
6.35%
Number of Units
4
Occupancy
100.0%
Price/Unit
$140,000

Investment Overview

Marcus & Millichap is proud to present this 4-unit building in Federal Hill-Montgomery, Baltimore. Located in South Baltimore, "Fed Hill" prides itself in being one of the safest neighborhoods in Baltimore, and the best neighborhood for young professionals. The median household income is $112,500, roughly 72% of the residents have at least a bachelor's degree, and the median household age is 32. The neighborhood is close to a plethora of restaurants, bars, educational facilities, sporting stadiums, and other attractive outings & walking distance to downtown. 1207 South Hanover is a 4-unit (2 one-bedroom/one-bathroom units, 1 two-bedroom/one and a half bath duplex unit, and 1 two-bedroom/one-bathroom unit). All units are self-contained, have separate water heaters, and have washers and dryers. 2 units are recently renovated and have stainless steel appliances, however, all units have been well maintained. This well-maintained building has a roof that's less than 10 years old, the gas meters were renovated by BGE in 2020, and there is patio access for 2 units.

Investment Highlights

  • Income Potential Rear Parking
  • Block from Charles Street & Cross Street Market (Home to several bars and restaurants)
  • 1/2 mile from M&T Ravens Stadium 1 mile from Inner Harbor 1 mile from Orioles Park
  • 1 mile from University of Maryland BAltimore 2 miles to Johns Hopkins

Exclusively Listed By

Multifamily

1207 S Hanover St

Listing Price: $560,000

Cap Rate
6.35%
Number of Units
4
Occupancy
100.0%
Price/Unit
$140,000

Investment Highlights

  • Income Potential Rear Parking
  • Block from Charles Street & Cross Street Market (Home to several bars and restaurants)
  • 1/2 mile from M&T Ravens Stadium 1 mile from Inner Harbor 1 mile from Orioles Park
  • 1 mile from University of Maryland BAltimore 2 miles to Johns Hopkins

Investment Overview

Marcus & Millichap is proud to present this 4-unit building in Federal Hill-Montgomery, Baltimore. Located in South Baltimore, "Fed Hill" prides itself in being one of the safest neighborhoods in Baltimore, and the best neighborhood for young professionals. The median household income is $112,500, roughly 72% of the residents have at least a bachelor's degree, and the median household age is 32. The neighborhood is close to a plethora of restaurants, bars, educational facilities, sporting stadiums, and other attractive outings & walking distance to downtown. 1207 South Hanover is a 4-unit (2 one-bedroom/one-bathroom units, 1 two-bedroom/one and a half bath duplex unit, and 1 two-bedroom/one-bathroom unit). All units are self-contained, have separate water heaters, and have washers and dryers. 2 units are recently renovated and have stainless steel appliances, however, all units have been well maintained. This well-maintained building has a roof that's less than 10 years old, the gas meters were renovated by BGE in 2020, and there is patio access for 2 units.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower