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
When you’re researching Baltimore City investment properties, you may find it easy to conduct your research by neighborhood. One Baltimore neighborhood that’s gained a lot of buzz over the past few years is Remington. Ideally located and with a large amount of incoming investment building the neighborhood up, Remington is one of Baltimore’s most intriguing neighborhoods when it comes to real estate investment in Baltimore.
Remington is Up-and-Coming
For many decades, Remington was made up largely by an Appalachian population who had relocated from coal-mining towns in West Virginia. The historic neighborhood struggled with poverty. However, as adjacent neighborhoods, Charles Village and Hampden began to draw in development projects and property values began to rise, Remington underwent an evolution. Today, it’s seen as a great alternative for those who want to live next to the action of Hampden but prefer a calmer, smaller-community oriented environment.
Varied and Diverse Investment
As Remington has grown to be seen as an ideal place for residents, it’s drawn in varied and diverse investments that have helped build the community out. R.house is a hugely popular dining-hall style establishment that not only gives up-and-coming Baltimore chefs a space to try new ideas through their Pop-Up stall but is also a hub for socializing and dining, as well as a collective workspace for young professionals to gather.
Additionally, the Remington Storefront Challenge was a unique method of bringing new shops to the neighborhood by combining community feedback with smart investment oversight. This unique approach to investment strategy allows property investors to be sure that the neighborhood will continue and grow, drawing in new residents to the area.
Remington is one of Baltimore’s best neighborhoods for a positive ROI. According to the Baltimore Business Journal, Remington sits within the only zip code that saw a significant ROI of 152%, with a median price change of 25% or $40,700. This community continues to grow, making it more attractive to both prospective residents and in-turn, to property investors. With its close proximity to the Johns Hopkins University campus and direct access to I-83, it’s no surprise that Remington has experienced such explosive growth in recent years.
Ben Frederick Realty Can Help You Navigate Baltimore City Investment Properties
Our team has worked in the real estate investment industry for decades, and we can help you navigate the challenges to find the best Baltimore City investment properties to meet your needs. Check out our development lot available in Remington right now or contact the BFR team with any questions you have.