Harbor Stone Advisors is pleased to offer the opportunity to acquire 797 Carroll St., a renovated mixed-use property located in Baltimore City's culturally rich Pigtown neighborhood. This vibrant area boasts numerous award-winning restaurants and unique shops. The property's prime location is also within a half-mile of major institutions and attractions, including the University of Maryland, Baltimore, University of Maryland Medical Center (UMMC), Camden Yards, and M&T Bank Stadium.
797 Carroll St. features 6 units with a mix of (2) Efficiencies and (3) 1 Br-1 Ba, as well as (1) commercial space. The commercial space is leased to a hair salon through December 2035. Current ownership completed a comprehensive renovation of the property between 2019 and 2024, leaving minimal deferred maintenance for a new owner. Typical apartment unit features include white/stainless steel appliances, granite/quartz/hard surface countertops, wood cabinets, and LVT/carpet flooring. Beyond the units, the current owner also replaced the sewage line, rebuilt the central staircase, and partially replaced the roof. Opportunities exist for a new owner to increase rents organically through unit turnover or lease renewals. Minor updates, such as adding stainless steel appliances to some units, could further enhance rental income potential.