As part of an ongoing series, Ben Frederick Realty is looking at neighborhoods in Baltimore that present great opportunities for those looking to purchase Baltimore City investment properties.
For many, when you think of Baltimore the first image that comes to mind is the view of the Inner Harbor from Federal Hill Park. This iconic viewpoint is both historic and offers one of the best sights of our beautiful city. In recent years, Federal Hill has also become a hot spot for residents thanks to its abundant nightlife and convenient location. If you’re considering investing in properties across Baltimore City, here’s why you should look to the neighborhood of Federal Hill.
A Historic Legacy
Federal Hill offers more than just sweeping city views. The location of Federal Hill Park has a significant historical context for the city of Baltimore and the United States as a whole. Visitors to the park will notice traditional cannons pointed at the Inner Harbor as they take in the sights. These are placed in reference to the US Civil War when Union General Gerald F. Butler snuck troops to the area by the dead of night, and manned cannons aimed at Baltimore’s prominent business district to demand allegiance from the city to the Union’s cause. This historic legacy gives flavor to an otherwise modern neighborhood.
Federal Hill has drawn in many new residents thanks to its ideal location within the City. Situated on the city’s southern side, Federal Hill provides easy access to I-95 for those who commute to work across the state or to DC. Additionally, the prominent business districts of the Inner Harbor and Harbor East are very close by, which often means the rental market of Federal Hill caters to higher-income levels. Just down the street is the University of Maryland Bio Park and University of Maryland Medical Center, two premier places of both employment and education within the city. As with real estate of all kinds, the ideal location is crucial to the value of Baltimore City investment properties.
Quality Recreation and Amentities
Tenants know that where you live is about more than just its proximity to a place of employment. Enjoying where you live is a key decision factor in where many choose to rent. Federal Hill has options in spades for its residents. The neighborhood’s central area offers a variety of bars and is one of the city’s most popular nightlife destinations. Sports fans can rejoice in Federal Hill, as the neighborhood is a short walk to both M&T Bank Stadium, where the Ravens play, and Camden Yards, home of the Orioles. This fills the neighborhood with a frenetic and passionate energy on game day. For those who prefer more quiet afternoons out can enjoy the museum scene in Fed, where the Maryland Science Center, Baltimore Museum of Industry, and American Visionary Arts Museum all reside. If residents just want time outside, they can take in some of the best waterfront views in the city throughout the neighborhood.
Ben Frederick Realty Can Assist You with All your Baltimore Investment Properties Needs
Federal Hill is a wonderful place for those looking to begin their real estate investment journey in Baltimore, as are many other neighborhoods throughout this diverse city. The team at Ben Frederick Realty has the experience and knowledge to help you get started. Contact us today to learn about investing in Baltimore, and follow our Facebook page to hear about new properties as they’re listed.