Bought with Unrepresented Buyer • Unrepresented Buyer Office
$210,000
$225,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
1,000 SqFt
SOLD DATE : 08/14/2025
Key Details
Sold Price $210,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 1,000 sqft
Price per Sqft $210
MLS Listing ID MDBA2170764
Sold Date 08/14/25
Year Built 1900
Annual Tax Amount $3,894
Tax Year 2024
Lot Size 1,040 Sqft
Acres 0.02
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
an opportunity to buy an income producing asset in a location that has been steadily increasing in demand for several years. The storefront lease is through 2027 with rent increases built into the lease. The apartment lease is month-to-month, giving the buyer flexibility to renegotiate and increase rents. Storefront is rented for $1,292.27 per month. Lease is through April 30, 2027. There is a 2.5% rent increase every year. Apartment is rented for $875 per month including water. Long term (10+ years) tenants are month- to-month.
Location
State MD
County Baltimore City
Zoning OR-1*
Interior
Hot Water Other
Heating Other
Cooling Other
Heat Source Other
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0312143827 042A
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "