Harbor Stone Advisors is pleased to present the opportunity to acquire 714-716 N Fremont, a Baltimore City asset. The property is located in close proximity to the Walters Art Museum, Lexington Market, and the newly renovated CFG Arena.
714-716 N Fremont features 7 units with a mix of (6) 1 Br-1 Ba and (1) Commercial unit. Typical unit features consist of stainless steel/white/black appliances, formica countertops, wood cabinets, and tile and carpeted flooring.
At 714-716 N Fremont, the ground floor is currently leased to a rehabilitation company specializing in outpatient rehabilitation housing through August 2025. The same tenant also has individual leases in all residential units through November 2025. A new owner will have the opportunity to turn existing leasing into a long term master lease; providing certainty of rental income through that time. A new owner has the opportunity to negotiate an extension of the individual leases or rent the units to market rate tenants upon the end of the term.