1700 Park

Description

A rare opportunity in the heart of Bolton Hill, this massive end of group building occupies a prominent corner overlooking the Park Avenue median and fountains. Originally built as a grand single family residence, the property was later converted into three apartments with careful attention to preserving its historic architectural character.The building retains an exceptional collection of original details, including soaring ceilings, gracious room proportions, crown moldings, dramatic newel posts, original banisters and railings, and period mantels. Each of the three residences has also received recent updates to kitchens and bathrooms, creating a compelling combination of historic Baltimore architecture and modern functionality.The property is currently configured as a three unit condominium building, with all three units owned by the same ownership. The owners are in the process of decommissioning the condominium regime and converting the property back to a three unit multifamily building. That process is currently underway.Only the top floor residence is presently tenant occupied, a deliberate decision to provide maximum flexibility during the sale process. The building may be delivered fully vacant or with the existing tenant in place. Heat and hot water are provided through common building systems and are currently included in the rent.The owners have made substantial investments in the property’s infrastructure, including a new gas boiler and other important building repairs and capital improvements. A lovely brick courtyard provides private outdoor space with direct access from the first floor residence and the basement. A two car carport provides valuable off street parking, a significant advantage for Baltimore City real estate.The property offers exceptional long term flexibility. A future owner could operate it as a three unit Baltimore multifamily investment property, live in one residence while renting the other two, combine two apartments to create a larger owner’s residence, or explore restoring the building to its original use as a grand single family home, subject to applicable zoning, permitting, licensing, financing, and legal requirements.Bolton Hill remains one of Baltimore’s most distinctive and desirable historic neighborhoods, prized for its grand 19th century architecture, tree lined streets, landscaped medians, fountains, pocket parks, and strong sense of community. Residents are drawn to the neighborhood for its combination of architectural beauty and urban convenience, with easy access to Downtown Baltimore, Mount Vernon, Station North, Penn Station, MICA, the University of Baltimore, Johns Hopkins, restaurants, cultural institutions, and major commuter routes.This particular block is predominantly owner occupied, creating a stable residential setting surrounded by substantial historic homes and established neighbors. The property’s corner position, park facing outlook, scale, and architectural presence make it especially distinctive within the Bolton Hill real estate market.With its extraordinary proportions, preserved historic details, updated kitchens and baths, major infrastructure improvements, private brick courtyard, two car parking, prominent corner location, and multiple potential ownership strategies, this is a rare opportunity to acquire a significant historic property in one of Baltimore’s most sought after neighborhoods.