Four-Unit Gut-Rehab Opportunity in Remington
Ben Frederick Realty, Inc. is pleased to present 200 West Lorraine Avenue, a full gut-rehab opportunity with the potential to create four modern apartments in one of Central Baltimore’s most active investment areas. Offered at $200,000, the property is priced at just $50,000 per proposed unit and $109 per square foot.
Remington has attracted more than $70 million in investment along three blocks of Remington Avenue, adding more than 100 apartments, neighborhood retail, restaurants and community destinations including Remington Row and R. House. This sustained investment, combined with proximity to Johns Hopkins University, Hampden and Charles Village, has established Remington as a desirable neighborhood for renters and continued redevelopment.
The property is directly across from Sweet 27, 1.5 blocks from R. House, two blocks from Wyman Park Dell and four blocks from Johns Hopkins University’s Homewood Campus. A Walk Score of 96, Transit Score of 78 and Bike Score of 89 provide future tenants with convenient access to restaurants, shopping, universities, parks and public transportation.
Situated at Howard Street and West Lorraine Avenue, the corner property includes two above-grade floors, a full unfinished basement and 1,834 square feet of gross building area. Windows along multiple elevations provide additional natural light and flexibility when designing the proposed apartments. The building contains areas formerly used for residential and commercial purposes and requires a complete renovation.