UPDATED:
11/25/2024 09:44 PM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,768 sqft
Price per Sqft $162
Subdivision None Available
MLS Listing ID MDBA2124970
Style Dwelling w/Separate Living Area
Bedrooms 4
Full Baths 2
Half Baths 1
HOA Y/N N
Abv Grd Liv Area 2,768
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $4,576
Tax Year 2024
Lot Size 1,032 Sqft
Acres 0.02
Property Description
A highly visible mixed-use building strategically located in the heart of downtown Baltimore. This property offers an exceptional opportunity, boasting prime store-front commercial space complemented by two residential rental units above.
The condominiums currently generate a total monthly rent of $2400, while the commercial space has the potential to command $3500 in rental income, positioning it favorably within the local commercial rental market.
The commercial space encompasses 1,032 square feet and is equipped with a complete jewelry workshop, along with a convenient half bath. Additionally, the property offers 1,032 square feet of unfinished basement storage. Notably, the sale price includes all jewelry merchandise items, including silver items, watches, and machinery, enhancing the value proposition for prospective buyers.
Adjacent to the property, plans are underway for a transformative development project across the street, which is poised to elevate the entire block with the introduction of a wholesale store and condominiums. This significant development is anticipated to have a positive impact on the future value appreciation of the building.
We wish to highlight that the seller is motivated and open to negotiations, presenting an opportunity for savvy investors to capitalize on this prime asset.
Location
State MD
County Baltimore City
Zoning C-5DC
Rooms
Basement Connecting Stairway
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility Other
Garage N
Building
Story 3
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Dwelling w/Separate Living Area
Level or Stories 3
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Senior Community No
Tax ID 0304100619 032
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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