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Mount Washington MD Real Estate & Commercial for Sale


Showing Homes Nearby Mount Washington, MD
Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDBC2064396
Type:
General Commercial
Lot size:
0.5 Acres
Year built:
1952
Courtesy: Keller Williams Realty Centre, 4103120000
View additional info

Thriving towing company with numerous city/state contracts on high-volume traffic York Rd. Highly competent management and staff in place. High NOI for Owner/Operator or Investor alike. CAP rate 12+%. P&L available.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDBA2091126
Type:
General Commercial
Lot size:
0.03 Acres
Year built:
1900
Courtesy: Lion Acre Realty, 4436356004
View additional info

Don miss this ! Live where you work! Great multi-level office space to run your business out of with the added bonus of a residential uint to help pay the mortgage or to let you live where you work. Previously used as a successful law office. Long term tenant with a great rental history and is on a month to month lease.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDBA2079606
Type:
General Commercial
Year built:
1900
Courtesy: Avenue Real Estate, (410) 342-5263
View additional info

This 2,851sf building is well located in the heart of the Penn Ave commercial corridor in the Upton neighborhood next to Avenue Market and Dollar General. The current tenant is a Metro by T-mobile franchisee. Pennsylvania Ave is the main artery traveling in and out of the city. The property is located just 2 miles from the Inner Harbor. This stretch of Penn Ave has a daily traffic count of approx 10,000 cars and is served by the Upton subway station.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
MDBA2124530
Type:
Apartment Building
Subdivision:
Madison Park Historic District
Lot size:
0.06 Acres
Year built:
1920
Courtesy: Ben Frederick Realty, Inc., 410-752-6400
View additional info

Highlights: > Pick Up Where Seller Left Off at Discounted Price: Gut-to-Stud Renovation 75% From Completion > Less Than 1 Mile to Reservoir Square, A $1,000,000 Mixed-Used Community in Development > High-End Finishes Attract Quality Tenants > Stellar âWalkScores:â Deemed a Walkerâs Paradise with Excellent Transportation. Apartment interiors boast high-end finishes that tenants desire, mostly completed with new stainless-steel appliances in the kitchens, which include 30â³ electric ranges, over-the-range microwaves, modern stainless sinks with faucets, and garbage disposals. The bathrooms feature sleek modern vanities and either vinyl shower stalls or tubs, all with designer ceramic tile surround. Durable vinyl plank flooring throughout the apartments not only ensures longevity for landlords but also offers tenants easy-to-clean surfaces. Each apartment includes a stacked washer and dryer for convenience. While common area hallways and ceilings retain their plaster, apartment interiors now feature new drywall with recessed lighting. This Madison Park 6-Unit stands as an all-electric building with separate metering, allowing tenants to control their environments and pay utility bills directly to providers. Each unit receives 150 amps of power and is equipped with in-unit wall-mounted electric heat pumps and central air conditioning. High-performance electric Rheem 6-gallon or Steibel 4-gallon water heaters serve each unit, with suitable plastic water supply lines and PVC drain lines. Vinyl replacement windows have been installed in the rear, while original wood frame windows remain in the front. Interior water supply lines are plastic; interior drain lines are PVC. Windows in the rear have been upgraded to vinyl replacement, while original wood frame windows remain on the front. Madison Park 6-Unit Punch List: Zoning has approved the permit for 6 dwelling units. Framing and insulation permit complete and approved. Plumbing, mechanical and gas permits need to be re-filed, completed and finalized. Electric and building permits are valid through August 2024 and need to be finalized. The main water supply line has been upgraded to serve the required fire suppression system. The sprinkler system is near completion. Quotes have been obtained for the remaining work, including an estimate to complete the suppression system by Faithful Fire Protection and a quote from Electronic Security Solutions to complete the fire alarm monitoring system. Paving the rear pad would allow for 2 off-street parking spaces, boosting monthly cash flow. Exciting developments are underway nearby, including the redevelopment of an 8-acre plot between Reservoir Hill and Bolton Hill, less than 1 mile from 1520 Madison Avenue. Named Reservoir Square, this new gateway to West Baltimore will feature townhomes, apartments, office space, a national grocer, street-level retail, open space, and green space with a park. Just a mile east lies the vibrant culture of Mount Vernon, home to concert venues like the Joseph Meyerhoff Symphony Hall and The Lyric. Tenants will also appreciate the proximity to the YMCA in Druid Hill, offering an indoor pool, state-of-the-art gym, and cycle studio. According to âWalkscore.com,â this Madison Park 6-Unit boasts a Walk Score of 91 and a Transit Score of 87 (excellent!).

Open House:

Friday, 5/17 12:00-1:00PM

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDBA2123950
Type:
General Commercial
Subdivision:
Station North Arts District
Lot size:
0.04 Acres
Year built:
1900
Courtesy: A.J. Billig & Company
View additional info

REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING!! Online Bidding Opens - Tuesday, June 11, 2024. Live On Site Auction - Wednesday, June 12, 2024 at 11:00 AM. List price is opening bid only. Three story brick storefront building, comprising 4,176 square feet of gross building area above-grade and 1,224 square feet below-grade, according to public tax records. The building has two front entrances, shingle and built-up roofs, wood double-hung windows and brick basement foundation. First floor formerly contained a barber shop with apartments on the upper floors. The building needs renovation. Also being auctioned - 1813-1817 N. Charles St.

Open House:

Friday, 5/17 12:00-1:00PM

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDBA2123984
Type:
Other
Subdivision:
Station North Arts District
Lot size:
0.11 Acres
Year built:
1900
Courtesy: A.J. Billig & Company
View additional info

REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING!! Online Bidding Opens - Tuesday, June 11, 2024. Live On Site Auction - Wednesday, June 12, 2024 at 11:00 AM. List price is opening bid only. $100,000 deposit required to bid. Interconnected three and four story brick and stucco buildings, with built-up roofs, commercial entrances and partial basements. According to public tax records, the buildings comprise 17,232 square feet of gross building area above-grade and 4,800 square feet below-grade. The entertainment facility features multiple entrances, coat room, large open area live venue, several additional bars, five DJ booths, dance floors, VIP lounges, multiple rest rooms, offices, ownerâs apartment and storage rooms. The property has gas forced air heat and central air conditioning, security system, video monitoring, bar fixtures and equipment. Sale includes 1815-1817 N. Charles St., Liquor License and Furniture, Fixtures and Equipment.

Open House:

Friday, 5/17 12:00-1:00PM

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDBA2123796
Type:
Other
Subdivision:
Station North Arts District
Lot size:
0.06 Acres
Year built:
1900
Courtesy: A.J. Billig & Company
View additional info

REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING!! Online Bidding Opens - Tuesday, June 11, 2024. Live On Site Auction - Wednesday, June 12, 2024 at 11:00 AM. List price is opening bid only. $100,000 deposit required to bid. Interconnected three and four story brick and stucco buildings, with built-up roofs, commercial entrances and partial basements. According to public tax records, the buildings comprise 17,232 square feet of gross building area above-grade and 4,800 square feet below-grade. The entertainment facility features multiple entrances, coat room, large open area live venue, several additional bars, five DJ booths, dance floors, VIP lounges, multiple rest rooms, offices, ownerâs apartment and storage rooms. The property has gas forced air heat and central air conditioning, security system, video monitoring, bar fixtures and equipment. Sale includes 1815-1817 N. Charles St., Liquor License and Furniture, Fixtures and Equipment.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDBA2117514
Type:
General Commercial
Lot size:
0.08 Acres
Year built:
1920
Courtesy: Argent Realty, LLC, (240) 408-0908
View additional info

Storefront with fully functional kitchen on main level. 2 bedroom 1 bath apartment on upper level. Plenty of storage in the full basement basement. All kitchen appliances convey and including signage (estimated value $36k).

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDBA2118822
Type:
General Commercial
Lot size:
0.02 Acres
Year built:
1920
Courtesy: Ashland Auction Group LLC, (410) 488-3124
View additional info

ONLINE AUCTION: Bidding begins 05/14 @ 10:00 AM. Bidding ends 05/16 @ 12:10 PM. List Price is Suggested Opening Bid. 2 Story End Unit Townhouse located in the Midtown-Edmondson area of Baltimore City. Property was previously used as a restaurant/bar. Residents can enjoy the nearby attractions such as Grace Medical Center, West Baltimore MARC Station, Westside Shopping Center, & Mount Clare Junction Shopping Center. Property is Vacant. Easy Access to Major Traffic Artery Edmondson Ave. Deposit: $7,500.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDBA2101272
Type:
General Commercial
Year built:
1920
Courtesy: Door2Door Realty
View additional info

Commercial property equipped for 3 businesses. Each level has its own bathroom. 2nd floor is currently a 1 bedroom apartment with kitchen and full bath. Central air and central heat. Conveniently located on busline and near Marc train.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDBC2089106
Type:
Medical
Lot size:
0.21 Acres
Year built:
1950
Courtesy: Cummings & Co. Realtors, (410) 823-0033
View additional info

(RESIDENTIAL/OFFICE) Great Visibility to Run a Business, Run a Business & Live in the Property or Use as Your Primary Residence or Make This a Rental and Earn Income for up to 2 Units. Main Level Features 3 Offices, Kitchen & Half Bath. Upstairs has 3 Offices and Full Bath. Basement is Unfinished with Full Bath and Separate Entrance. Lots of Parking out Back. Enjoy Nearby Shopping and Restaurants.. Close to Public Transportation w/Easy Access to I-695. Bring Your Design Ideas! Sold AS-IS

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDBA2100672
Type:
General Commercial
Lot size:
0.07 Acres
Year built:
1970
Courtesy: ExecuHome Realty, (443) 632-3000
View additional info

Rare C-1 commercial property in a central location! Zoning permits commercial spaces along with an allowance for 5 additional residential dwelling units. The current building comprises approximately 6,000 gross square feet. Expanding the square footage is convenient, as the main floor extends 100 feet to the alley, and the owner has the option to increase the height up to 60 feet. The property necessitates a complete gut renovation, but upon its completion, it has the potential to generate a monthly income ranging from $6,000 to $8,000+. A main floor commercial tenant would enjoy the advantages of a high-traffic location situated at the corner of Greenmount and North Avenue, which serves as the intersection of the Barclay, East Baltimore Midway, and Greenmount West neighborhoods. The property is conveniently located along major bus routes, merely half a mile away from the Baltimore Arts and Entertainment District, and a quick 5-minute drive to Penn Station. It's worth exploring the surrounding neighborhoods, especially considering the ongoing community redevelopment initiatives in the area. This is an opportunity you don't want to miss out on. Contact us today to discover more!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDBA2118710
Type:
General Commercial
Lot size:
0.64 Acres
Year built:
1890
Courtesy: Long & Foster Real Estate, Inc.
View additional info

WAITING YOUR RE-IMAGINATION. - 85,875 Sq Ft of Space - Ready for Redeveloment - In the Enterprise Zone - Many Tax Benefits - Call for more details.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDBC2088442
Type:
Business Opportunities
Year built:
2000
Courtesy: Allfirst Realty, Inc., 410-963-3191
View additional info

*** BUSINESS ONLY - REAL ESTATE NOT INCLUDED IN $450K *** Welcome to 2607 Rolling Road, the premier destination for mask manufacturing in Maryland and one of the few in the entire United States. This exceptional property offers a turnkey opportunity, presenting a thriving mask manufacturing business complete with all inventory and equipment included. Nestled within a strategically located facility, this property boasts essential amenities for seamless operations. Featuring a couple of bathrooms, a dedicated breakroom for employees, and well-appointed office spaces, this establishment prioritizes both productivity and comfort. With the added convenience of two loading docks, logistics are streamlined for efficient distribution. This rare opportunity allows prospective buyers to seamlessly transition into ownership. Simply sign the paperwork today, and you could be ready to commence business operations tomorrow. Moreover, existing material suppliers are committed to continuing supply arrangements, ensuring uninterrupted production. Don't miss out on this chance to own the only mask manufacturing business in Maryland, offering a lucrative venture with immense potential. Schedule a viewing today and embark on a journey towards entrepreneurial success.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDBA2117972
Type:
Other
Lot size:
0.12 Acres
Year built:
1920
Courtesy: Real Broker, LLC - McLean, (850) 450-0442
View additional info

One-of-a-kind opportunity to own a historic 4.5 level, 8 bedroom, 7.5 bath, over 12,000 sq. foot brownstone in Mt. Vernon, zoned commercially, currently used as a residence. Extremely well appointed, absolutely immaculate from top to bottom, wrought iron on all windows and doors, marble flooring, ceramic tile and hardwoods throughout. Full size elevator, 3 car garage, gated (brand new opener) off street private parking for 2 additional cars. Crown molding throughout, gourmet kitchen with Viking appliances. Enjoy your morning coffee in your own private court yard. Whole house Kohler Power Systems generator, central vac, 400-amp service, 5 heating zones. Theater room on 2nd floor, several additional sitting areas, fully finished basement with bar, family room, full bathroom, 2 storage areas, mechanical room for elevator, industrial sinks, in the laundry area, additional refrigerators. This home will not disappoint with the preserved charm and character of yesteryear yet every modern-day amenity you could dream of! SELLER WILL CONSIDER OWNER FINANCING WITH ACCEPTABLE TERMS.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDBA2097618
Type:
General Commercial
Lot size:
0.36 Acres
Year built:
1920
Courtesy: Keller Williams Gateway LLC, (443) 318-8800
View additional info

Rarely available square footage in Baltimore's Station North Art's and Entertainment District. This approx 48,000 sf building has exceptionally versatile mixed use IMU-1 zoning and is located in the 2003 Greenmount West Planned Urban Development (PUD). Allowable uses are extensive and range from multi-family, industrial, office, and retail to specialty uses like medical, laboratory, institutional, education, and urban agriculture to name a few. The building consists of 4 stories. The building is served by a center stairwell and freight elevator serving each unit. 2 Additional shafts exist for the potential of lifts. Each floor consists of two 5,000 SF +/- units for a total of 8 units. Additional unit(s) could possibly be added to the lower level. The last use of the building was 6 Multi-Family Live-Work Artist Lofts and collaborative space, 1 large common collaboration unit on the first floor, and 1 first floor unit serving as a parking garage. The property also has a gated storage yard, 2 drive in bays, and 1 loading dock. The building has solid constriction consisting of steel, concrete, brick, and block. window openings, while currently covered by pebble board, are expansive offering a flood of natural light into the building on all sides, and are large enough for the hoisting of furniture and goods. This offering is a short walk from Penn Station, bringing approx 3M commuters per year through the neighborhood and a migration of DC Metro Area workers taking advantage of capital beltway wages and affordable Baltimore living through MARC Train commuting. This creates opportunity to answer the current housing shortage in a value-add property in a neighborhood on the up-swing that is heavy on tax, employment, and financial incentives. Anywhere from 30-50 residential units or more could be possible depending on the unit mix and bedroom count. For the investor looking for a buy-and-hold with minimal relative capital improvements needed: eight 5K sf self-contained units could offer an answer to the neighborhood's shortage of available industrial and retail space for small users, and still create a lucrative gross yearly income. Showings and additional non-public information require proof of wherewithal, Non Disclosure Agreement, and Site Access Waiver. All tours must be accompanied by the Lister.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDBA2112684
Type:
General Commercial
Subdivision:
Mount Vernon Place Historic District
Lot size:
0.07 Acres
Year built:
1900
Courtesy: Guerilla Realty LLC, 443-841-5916
View additional info

Welcome to 1019 Cathedral Street, a one of a kind live/work space in the heart of Mount Vernon/Mid-Town Belvedere. A meticulous design that offers an incomparable mix of professional space with a luxurious private residence. The commercial space allows for an ideal base of operations for any enterprising creative professional, while the private residential executive living quarters with high-end finishes will have you considering a personal day, despite your short commute.***Mt. Vernon is known for its cultural offerings by being home to some of the finest art institutions, performance & educational centers, and architecturally stunning buildings in the region. The neighborhood streets are lined with restaurants, shops, and boutique hotels. It is centrally located, and moments from Baltimore Penn Station, the Cityâs transportation hub with Amtrak and M.A.R.C. trains providing service to D.C., Philadelphia, N.Y. and beyond. For local trips, the Charm City Circulator & Light Rail have convenient stops just blocks away.***The storefront faces Cathedral Street, a well-traveled vibrant street in the historic Mt. Vernon district, the heart of Baltimore City. Floor to ceiling windows provide exceptional business exposure and ample natural light, while the custom blinds allow for privacy when the mood calls for it. The spacious showroom/gallery has 14â high ceilings with track lighting & and an art hanging system that accommodates the ultimate in design flexibility.***Just past the showroom and up a few steps sits a large conference room thoughtfully considered with recessed lighting and tv hookups for meetings, planning and group discussions. Numerous cabinets and an expansive countertop runs along the length of the north wall creating room for work stations, as well as a convenient place to offer coffee and cool beverages from the mini-fridge when hosting a group event. A separate dedicated office space on the second floor is complete with multiple work stations, cabinets and desktops.***A utility space beyond the formal conference room on the main floor offers a kitchenette with full-size refrigerator and microwave, plenty of storage, a nearly indestructible epoxy floor, plus a convenient half bath and access to the basement and utilities.***Direct wide-door access to a 4-car parking garage with automatic commercial overhead door is the desire of anyone considering mixed-use space.***The private residence evokes a serene, tranquil setting and is impeccably styled. The main living room with tall ceilings, crown molding, and decorative fireplace flows directly into the open kitchen perfect for entertaining with granite countertops, high-end appliances, custom cabinets and pedant, recessed and under-cabinet lighting. A half-bath just behind the kitchen is perfectly located, as it also sits near the roof-top access which would be an ideal setting for adding a deck for views of starry nights and the city skyline.***The primary suite just above the living space has a large bathroom with a walk-in shower and geometric tile, while the bedroom has a walk-in closet and convenient office nook. Just outside the door is a closet with a front loading washer and dyer and extra room for storage.***The guest suite which resides on a different level creating privacy, and is complete with a large living room ideal for movie night, while still offering a substantial bedroom, full bath and mirrored closets.***Every detail was considered in both the professional and personal aspects of the space making this a must-see.***Considering an upgrade? For a seasoned investor, this property could make an ideal 1031 Tax Exchange option.***CHAP Mt. Vernon Historic District. Subject to the Midtown Special Benefits District Surcharge Tax.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDBA2112576
Type:
Apartment Building
Lot size:
0.05 Acres
Year built:
1900
Courtesy: Keller Williams Integrity, (443) 574-1600
View additional info

Discover an exceptional investment opportunity in the heart of Mid-Town Belvedere with this beautifully renovated 5-unit property. Boasting a prime location within walking distance to premier dining, shopping, and transportation options, this property is primed to deliver solid positive cash flow for discerning investors. Comprising five spacious one-bedroom, one-bathroom apartments, this property offers a harmonious blend of modern comfort and historic charm. Residents will appreciate the tranquility of the enclosed rear brick patio, along with the convenience of a two-car garage and ample basement storage. Maintaining its historic character, the building showcases charming architectural details including a sweeping staircase, high ceilings, marble fireplace mantles, large windows, and hardwood floors. Units are individually-metered for electric and thoughtfully designed, with in-unit washer/dryer facilities and kitchens featuring granite countertops, stainless steel appliances, and quality cabinetry. There's also additional value-add opportunity to bill back water expenses to tenants in the future. Select units are further enhanced with dishwashers, disposals, and built-in microwaves, catering to the desires of contemporary living. Notably, Apartment #2 boasts a kitchen made for cooking and entertaining, with ample space, stainless steel appliances, and generous granite countertops. Bedrooms offer ample storage and closet space, while bathrooms feature modern vanities and elegant ceramic finishes.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDBA2122122
Type:
Business Opportunities
Lot size:
0.02 Acres
Year built:
1920
Courtesy: Signature Home Realty LLC, (301) 244-0117
View additional info

Seize this splendid chance, don't delay, Own Wing Wah- the Chinese Carry Out restaurant today, Just $50K, a small price to pay, Full equipment, sold as-is, ready for display. Rent just $2,100/month, keep the fires ablaze, Second floor has two bedrooms, remodeled, they'll amaze, A kitchen and bath, where comfort lays, Live or lease, tailor as you may. Nestled between parks, a scenic view, Across from a golf course, as if on cue, Near Baltimore City College, prestigious and true, A mix of convenience and leisure, just for you. Opportunities like this are rare, indeed, A call to the agent is all you need, Monday through Saturday, take the lead, 2pm - 6pm only Secure a future where you can succeed.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
MDBC2095658
Type:
General Commercial
Lot size:
1.23 Acres
Year built:
1982
Courtesy: RE/MAX 100
View additional info
Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDBA2120016
Type:
General Commercial
Lot size:
0.23 Acres
Year built:
1960
Courtesy: Cummings & Co. Realtors, (410) 823-0033
View additional info

Welcome to 9 N Warwick Ave, a Commercial opportunity in the very heart of the Western District Neighborhood. Located a couple blocks from busy and vibrant Rt40 and W Franklin Streetâs commercial districts, this warehouse with office space offers a very high traffic count! Zoning is flexible with numerous available uses such as automotive, storage, retail, office or flex. Youâll find excellent signage with prime exposure on bustling Warwick Ave. Warwick Ave Park is located directly across the street from this property. Bring your business and watch it shine! Schedule your showing today. Offered at $395,000.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDBA2118954
Type:
General Commercial
Lot size:
0.03 Acres
Year built:
1900
Courtesy: Taylor Properties
View additional info

Beautifully and thoroughly modernized 1830's gem with the potential for up to 2 separate residences on the upper floors and retail on the ground level, all with separate entrances. All new systems (plumbing, electrical, mechanical), appliances and finishes all built to code. Retail level is ADA compliant with brand new stair lift. Recently built-out as a first-class body piercing and jewelry store with airy ground level retail, four procedure rooms and spacious private and public areas. Multi-zone HVAC features like-new ductless and conventional forced air components. Hard wired for data, telephone and video. Video, Security and Telephone systems in place and ready to use. This is a genuine turn-key opportunity in Mt. Vernon that needs nothing. Perfect for owner-occupied office and / or retail, upscale tattoo parlor, jewelry store, light medical office, among many other possibilities. This property will not disappoint!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDBA2118368
Type:
General Commercial
Subdivision:
Mount Vernon Place Historic District
Lot size:
0.06 Acres
Year built:
1948
Courtesy: RE/MAX Allegiance
View additional info

New Listing Alert! ð¢ð° Turnkey mixed-use CASH COW available now! Zoned as an apartment hotel with six rentable units. Don't miss out on this lucrative deal! ð¦ð¼ #RealEstate #InvestmentOpportunity #CashCow Professional pictures coming soon! The current tenants in place for this investment opportunity include a retail restaurant/lounge on the 1st level. The restaurant/lounge has a long-term lease in place, providing a stable source of income. Additionally, there are six rentable units that generate revenue through a hybrid income ratio split between Airbnb, long-term leases, and the restaurant. This diverse mix of tenants ensures multiple streams of income for the property. ð½ï¸ð¢ð¼

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDBA2122612
Type:
General Commercial
Lot size:
0.04 Acres
Year built:
1948
Courtesy: RE/MAX Allegiance
View additional info

New Listing Alert! ð¢ð° Turnkey mixed-use CASH COW available now! Zoned as an apartment hotel with six rentable units. Don't miss out on this lucrative deal! ð¦ð¼ #RealEstate #InvestmentOpportunity #CashCow Professional pictures coming soon! The current tenants in place for this investment opportunity include a retail restaurant/lounge on the 1st level. The restaurant/lounge has a long-term lease in place, providing a stable source of income. Additionally, there are six rentable units that generate revenue through a hybrid income ratio split between Airbnb, long-term leases, and the restaurant. This diverse mix of tenants ensures multiple streams of income for the property. ð½ï¸ð¢ð¼

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDBA2121226
Type:
Apartment Building
Lot size:
0.02 Acres
Year built:
1900
Courtesy: Greysteel Company LLC
View additional info

The investment opportunity at 305 W. Madison Street, a multifamily property in Baltimore's historic Mount Vernon neighborhood, offers several compelling highlights: Value-Add Potential: There's significant potential for increasing rental income through modest modernization efforts, primarily focusing on common area improvements and kitchen and bath updates. Current rents are below market rates, offering the opportunity to raise them by approximately 40%. Additionally, there's potential to convert one unit into a legal studio apartment and recover utility costs by billing tenants. Proximity to Schools and Employers: The property is near educational institutions like the University of Baltimore Law School, MICA, and Johns Hopkins Peabody Institute, making it attractive to students. It's also across the street from the University of Maryland Medical Center, Midtown Campus, and major employers in Downtown Baltimore and the Inner Harbor, providing job opportunities for residents. With excellent walk and transit scores, residents have easy access to public transportation options. Desirable Location: Situated in a highly sought-after neighborhood catering to young professionals, millennials, and students. It's at the center of the ongoing Howard Street Revitalization and close to the Bromo Arts District, with amenities like the Howard Street Dog Park nearby. Highly Desirable Residential Area: Mount Vernon offers an eclectic mix of boutique shops, gourmet restaurants, trendy bars, and cultural events throughout the year. It's close to prestigious cultural landmarks, including the Meyerhoff Symphony Hall and the Lyric Opera House, as well as dining and retail options along the Charles Street Retail Corridor. Overall, 305 W. Madison Street presents a promising investment opportunity due to its prime location, potential for rental income growth, and proximity to amenities, schools, and employers.

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