$499,000 Price Analysis   ♡   Baltimore, MD 21201 4 bed 3 bath 2,768 SqFt ($180/SqFt) 1,032SqFt lot. Built 1900 Listed 2024-05-13, Taxes $4,576 | Ⓧ USDA Ineligible due to location near Baltimore |
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 wholsale store and condominiums. This significant development is anticipated to have a positive impact on the future value a ppreciation 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.
Presented by Ibteesam Al Slimawy at
KW United.
Property MLS #MDBA2124970 from BrightMLS
Full Bathrooms: 2
1/2 Bathrooms: 1
Heating Features: Central
Heating: Yes
Lot Size Square Feet: 1032
Calculated Total Monthly Association Fees: 0
Map directions Map directions Map directions Map directions Map directionsAnnual Tax Amount: 4576.0
Source Listing Status: Active
County: BALTIMORE CITY
Disclaimer: Standard
Ownership: Fee Simple
Source Property Type: Residential
Area: BALTIMORE CITY
Postal Code Plus 4: 3409
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $116,500 + $77,400 $193,900 | $4,576 |
| 2021 | $311,000 + $77,400 $388,400 | $9,166 |
| 2020 | $unknown + $unknown $383,433 | $9,049 |
| 2019 | $unknown + $unknown $378,467 | $8,889 |
| 2018 | $296,100 + $77,400 $373,500 | $8,814 |
| 2017 | $unknown + $unknown $366,733 | $8,654 |
| 2016 | $unknown + $unknown $359,967 | $8,495 |
| 2015 | $275,800 + $77,400 $353,200 | $8,295 |
| 2013 | $275,800 + $77,400 $353,200 | $8,335 |
| 2012 | $unknown + $unknown $374,400 | $8,910 |
| 2011 | $unknown + $unknown $348,400 | $8,291 |
| 2010 | $unknown + $unknown $322,400 | $7,673 |
| 2009 | $unknown + $unknown $296,400 | $7,054 |
| 2008 | $unknown + $unknown $231,866 | $5,518 |
$499,000
BrightMLS
Listed 2024-05-13
$550,000
BrightMLS
Listing removed 2023-11-22
$0
BrightMLS
Price Changed 2023-11-06
$499,000
BrightMLS
Listed 2023-06-20
$540,000
BrightMLS
Listing removed 2022-08-02
$0
BrightMLS
Price Changed 2022-05-13
$450,000
BrightMLS
Listed 2022-01-07
$475,000
BrightMLS
Listing removed 2021-10-17
$0
BrightMLS
Listed 2021-08-13
$549,900
BrightMLS
Listing removed 2019-04-19
$0
BrightMLS
Listing removed 2019-04-18
$474,900
BrightMLS
Listed 2019-02-13
$474,900
BrightMLS
Listing removed 2018-05-16
$499,900
BrightMLS
Listed 2017-11-03
$499,900
BrightMLS
Listing removed 2017-10-29
$800
BrightMLS
Listing removed 2017-10-29
$1,200
BrightMLS
Listing removed 2017-10-24
$800
MRIS
Listing removed 2017-10-24
$1,200
MRIS
Price Changed for rent 2017-10-23
$800
MRIS
Price Changed for rent 2017-10-23
$1,200
MRIS
Price Changed for rent 2017-10-06
$900
MRIS
Listed for rent 2017-08-18
$800
BrightMLS
Listed for rent 2017-08-18
$1,200
BrightMLS
Listed for rent 2017-08-18
$850
MRIS
Listed for rent 2017-08-18
$1,250
MRIS
Sold 2007-06-18
$400,000
Public Record
Sold 2004-01-15
$310,000
Public Record
Sold 1985-06-25
$890,000
Public Record
Year Built: 1900
Above Grade Finished Area: 2768
Below Grade Unfinished Area: 1032
Construction Materials: Brick
Property Age: 124
Levels or Stories: 3
House Style: Dwelling w/Separate Living Area
Total Area Sqft: 3800
Total Below Grade Area: 1032
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.