3 Blocks Away From University of Maryland, Whose Student Body of 6,300+ Graduate Students Creates High Demand for Housing. 600′ From University of Maryland BioTech Park, Employing Over 1,000 Highly Educated Professionals Seeking Housing Nearby Their Place of Employment. Opportunity to Increase Rents Through Apartment Upgrades. with Easy Commuting for Both Landlords and Tenants. A large two-bedroom, two-bath apartment encompasses the entire first floor. New hardwood floors throughout the living space, and full kitchen with 30″ electric range, dishwasher, laminate counters and wood cabinets. Upstairs, the second and third floor each have a large studio apartment. Kitchenettes have laminate counters, wood cabinets, and either 20″ gas or electric ranges. All bathrooms have modern vanities, steel showers or tubs with vinyl enclosure. This Hollins Market investment property is heated by a central Columbia gas-fired hot water boiler with radiator distribution. Tenants supply their own window air-conditioning units. Tandem gas-fired water heaters serve the apartments: 2023 Rheem 50-gallon and 2018 Rheem4 0-gallon. The landlord does pay for hot and cold water. The property has 2 gas meters and three electric meters, with 300-amp electrical service to the building. The landlord pays the electric for 4 of the 5 apartments. A utility bill-back system would increase cash flow, passing through utility charges to tenants. A copper water main prevents the worry for an expensive replacement in the future. All interior water supply lines are copper, and all interior drain lines are PVC. Martin Luther King Jr Boulevard provides access to most major connections for traveling in and around the Baltimore metro area. BWI Airport and Penn Station can both be accessed within a 20 minute drive. The B&O Railroad Museum, a popular tourist destination and event venue, is 3 blocks southwest.
The area’s close proximity to the BioPark and University of Maryland Graduate Schools ensures consistently high rental demand due to the ongoing expansion of educational facilities.