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30903297
30903312

3442 Auchentoroly Terrace, Baltimore, MD 21217

JV
MD 630799
Harbor Stone Advisors
BH
MD 652985
Harbor Stone Advisors
Harbor Stone Advisors
Listed by Harbor Stone Advisors
$950,000
87 days on market
Updated 87 days ago

3442 Auchentoroly Terrace

Details
APN 13-05-3236-025B
Property Type Multifamily
Sub Type Apartment Building
Units 11
Occupancy 100%
Year Built 1910
Stories 4
Acreage 0.240
Zoning R-8
Investment Type Value Add
Ownership Fee Simple

3442 Auchentoroly Terrace | 11 Spacious Apartments | Adjacent to Baltimore Zoo

Marketing description

Harbor Stone Advisors is pleased to offer 3442 Auchentoroly Terrace, a value-add opportunity in Northwest Baltimore City. The property's prime location is directly across from Druid Hill Park, a historic 745-acre urban park currently undergoing a significant $290 million renovation. This iconic park is home to the Maryland Zoo, numerous cultural landmarks, and extensive recreational amenities, including pools, sports fields, and trails. Residents also benefit from being within walking distance of The Village at Mondawmin, a $25 million redevelopment project transforming the former Target at Mondawmin Mall into a center for health, elderly care, childcare, and workforce training.

3442 Auchentoroly Terrace features (11) spacious apartments with a unit mix of (2) Studios, (8) 1 Br-1 Ba, and (1) 2 Br-1 Ba. Typical unit features consist of stainless steel appliances, formica/granite countertops, wood cabinets, and tile/hardwood/vinyl flooring. The opportunity exists for a new owner to refresh all of the units with a suggested scope of updated bathrooms and modern hardware/fixtures. Properties of similar vintage in the area that have undergone renovations of a similar scope are achieving rents at least $200 higher on average than the Subject property.

For more information, view property website: https://platform.reverecre.com/project/87888739-7bf6-4ab9-a4c3-5cc2254f462b

Investment highlights

  • Opportunity to Acquire a Stabilized Multifamily Asset with Value-Add Potential in Northwest Baltimore

  • Ability to Create Value and Increase Rents

  • Excellent Location in Northwest Baltimore, Across the Street from Druid Hill Park

Listing Contacts

JV
MD 630799
Harbor Stone Advisors
BH
MD 652985
Harbor Stone Advisors
Harbor Stone Advisors
Listed by Harbor Stone Advisors

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Additional Information

Name
Kevin Landolphi
License
5019982
Brokerage
Harbor Stone Advisors
Brokerage Phone
6313559725
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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