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Braden Maley
410-274-3326

Arbutus MD Real Estate & Commercial for Sale


Showing Homes Nearby Arbutus, MD
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#:
MDBA2107906
Type:
Other
Lot size:
0.05 Acres
Year built:
1920
Courtesy: Keller Williams Integrity, (443) 574-1600
View additional info

Property for sale with store front, potential multi-use mix with office or multi-family.

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.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDBA2102208
Type:
General Commercial
Lot size:
0.05 Acres
Year built:
1900
Courtesy: ExecuHome Realty
View additional info

Mixed use income generating commercial space. The ground floor is a fast-food restaurant and the 2nd floor is vacant and Renovated with an a full bathroom and an open floor plan for flexibility of use. Located in the heart of Baltimore City Central Business and Financial District. Conveniently and strategically located with easy access to public transportation, walking distance to the Inner Harbor, exquisite restaurants, historic sites and much more.

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#:
MDBA2117954
Type:
General Commercial
Lot size:
0.06 Acres
Year built:
1880
Courtesy: Berkshire Hathaway HomeServices Homesale Realty, (800) 383-3535
View additional info

INCREDIBLE OPPORTUNITY IN THE HEART OF MOUNT VERNON! This is your chance to own an unbelievable piece of Baltimore history. This property is sure to be the crown jewel of your investment portfolio. This sale comprises of not just one but TWO buildings in the heart of the Mount Vernon Historic District at 205 W Madison St and 716 Park Ave. Both buildings combine for over 18,000 sq ft above grade, not including the basements. 205 W Madison is 11,440 sq ft above grade, 716 Park Ave is 6,600 sq ft above grade. Standing outside of the main building, you are in awe of its magnificence. The attention to detail that went into the brickwork and stone work on the exterior of the building is unlike any other building you have seen in recent memory. As you enter the grand double doors of the main building into the foyer, your eyes are immediately drawn to the many displays of craftsmanship from a world long ago. Beautiful murals and paintings, exquisite handrails and crown molding, and an incredible grand staircase. As you enter to your left, what was once a ballroom, dining room, or reception area is sure to leave you speechless. You are greeted by 14ft+ ceilings and a magnificent chandelier at the center of the room. You immediately feel like you are walking back 100 years into a completely different time and era. Take a stroll back into the main hall and past the grand staircase and you will notice the original service elevator to the building is still in place. A large, beautiful courtyard connects the two buildings from the rear. It is truly amazing how well many of the original features of this building have been preserved. Craftsmanship like this simply no longer exists. Both buildings currently have a combined 25 suites/rooms (28 if you include the basements), each complete with it's own bathroom and it's own heating/cooling system. Each room is cozy, comfortable, and a very good size. Many of them have their own living room areas in addition to bedroom and bathroom. This is is an incredible opportunity to bring this building back to its former grandeur. The neighborhood and the city has been buzzing about what's to come for this building, and everyone is so excited to see what the next owner has planned! This building could be converted back to a hotel, to a bed and breakfast, an apartment building, a rooming house, the possibilities are endless. Don't let this incredible once in a lifetime opportunity pass you by!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDBA2111266
Type:
Apartment Building
Subdivision:
Mount Vernon Place Historic District
Lot size:
0.04 Acres
Year built:
1865
Courtesy: Long & Foster Real Estate, Inc.
View additional info

ð Massive $50,000 Price Reduction! Motivated seller, bring your best offers!! Don't miss out on the rare chance to invest in 10 E Mulberry St, located in the heart of Historic Mt. Vernon, steps away from Mercy Hospital! With its versatile configuration featuring 4 BR units and 1 studio at the rear of the building, there are multiple income streams waiting to be explored. The property awaits your personal touch to bring out its full potential, offering modern interiors with updated kitchens, hardwood floors, and new HVAC systems. Recent upgrades ensure peace of mind, while the transformed basement adds extra versatility and income potential. Situated in a prime location, residents enjoy 100% walkability and convenient access to amenities and cultural attractions. Seamless public transportation options further enhance its appeal. Imagine transforming the private courtyard into a serene oasis for residents to relax, while modern security features provide added peace of mind. Schedule a viewing today and seize this exceptional investment opportunity!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDBA2110598
Type:
Business Opportunities
Lot size:
0.31 Acres
Year built:
1965
Courtesy: S & S Realty & Investment, LLC, 703-795-1230
View additional info

Business for sale only not the property. Convenient store at the inside senior apartment building. This business needs a new owner, owner is retiring and offering to train the new owner (ask for details to the agent), store has a solid base of customers, bring your ideas and make this an exceptional business.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
MDBA2124968
Type:
Apartment Building
Lot size:
0.03 Acres
Year built:
1920
Courtesy: Samson Properties, (240) 630-8689
View additional info

2 Commercial Buildings (2519-2521) Containing 5 units total Unit 1 building 2521 Rented to 1 person Building 2 2519 4 units all vacant need some rehab AS-IS only bring your best offer call listing agent for showing COMBO Cash or Conventional

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDBA2111924
Type:
General Commercial
Lot size:
0.05 Acres
Year built:
1900
Courtesy: Berkshire Hathaway HomeServices Homesale Realty, (800) 383-3535
View additional info

Location! Location! Location! EXCELLENT INVESTMENT OPPORTUNITY! Renovated Restaurant/Lounge/Entertainment Building in the heart of Baltimore City's Mount Vernon Historic District! DESCRIPTION: The main 1st level has a bar with a restaurant seating area and a commercial kitchen w/hood. The upper 2nd level also has a bar with restaurant seating areas. The upper 3rd level has entertainment and lounge areas. Upper 4th level hosts employee/management offices, break area and storage. The basement provides additional storage and a large walk-in cooler. All the furniture, fixtures and equipment convey with property. IMPROVEMENTS: Formerly "Flavor" and "Midtown BBQ and Brew". The property has 19' of frontage on E Centre St and a depth of 108'. It is improved by a beautifully renovated 4-story Masonry building with approx. 5,800 sq. ft. GLA (approx. 5,625 sq ft above grade). The first, second, and third levels are used as restaurant/lounge/entertainment space with the fourth level and basement used as office & storage areas. The property is zoned OR-2 (Office/Residential Zoning District), Site influence: Commercial. LOCATION DESCRIPTION: Mount Vernon cultural district is designated a National Landmark Historic District and a city Cultural District. It boasts stunning 19th century architecture and well kept parks. Being close to downtown, Mount Vernon is well-served by public transit and is blocks from Light Rail. The neighborhood is home to a mix of residential and institutions, including the Peabody Conservatory (directly across the street), Walters Art Museum, University of Baltimore, Maryland Historical Society, Maryland Institute College of Art, Joseph Meyerhoff Symphony Hall, Baltimore School for the Arts, Lyric Opera House, Center Stage & much more! Walk Score:99/100 Walker's Paradise; Transit Score:100/100 Rider's Paradise; Bike Score:78/100 Very Bikeable. Surrounded by an abundance of fine dining, shopping, museums, cultural and historical sites, and entertainment options in every direction. Easy access to I-83 (JFX), I-95, and other major routes, Metro, Johns Hopkins Hospital, University of Maryland Baltimore, Baltimore Penn Station and more. Excellent opportunity with endless possibilities in a PRIME LOCATION that canât be beat! You Won't Want to Miss this one, make an appointment to see it today!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDBA2101612
Type:
General Commercial
Subdivision:
Mount Vernon Place Historic District
Year built:
1800
Courtesy: Long & Foster Real Estate, Inc.
View additional info
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#:
MDBC2080910
Type:
General Commercial
Lot size:
0.14 Acres
Year built:
1954
Courtesy: RE/MAX Ikon, (410) 442-4455
View additional info

Opportunity is waiting for you to take over this very large property on a great visibility street. Was set up as businesses on the first level and all tenants are out; a 2 bedroom unit not occupied and a 1 bedroom unit that is occupied and the tenant would love to stay. No lease as the long term tenant is on a month-to-month and pays on time. Lower level is vacant and ready for you to turn into whatever you want. This could possibly be a 5-unit rental property. Sold strictly "as is" - inspections for informational purposes only.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDBA2078190
Type:
General Commercial
Lot size:
0.51 Acres
Year built:
1900
Courtesy: Long & Foster Real Estate, Inc.
View additional info

LOCATION !! LOCATION!!!! LOCATION, FACING NEW JUVENILE SERVICES BUILDING PROPERTY,BACKS ON TO CENTRAL POST OFFICE ,NEAR BALTIMORE CITY POLICE DEPARTMENT,ONE BLOCK FROM 83. FIRST FLOOR RECEPTION AREA PLUS CONFERENCE ROOMS AND OFFICES. ADDTIONAL OFFICE SPACE ON EVERY LEVEL.BATH ROOMS ON EVERY LEVEL . THIS BUILDING HAS SO MUCH TO OFFER . PARKING LOT FO 30 CARS PLUS ON STREET PARKING

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDAA2077212
Type:
Other
Lot size:
0.28 Acres
Year built:
1900
Courtesy: Douglas Realty, LLC, (410) 255-3690
View additional info

SITE OF FORMER FERNDALE POST OFFICE!! ZONED C-3 LOT WITH 68' ROAD FRONTAGE ACROSS FROM THE FERNDALE FIRE DEPARTMENT AND LIGHT RAIL STOP! PUBLIC WATER AND SEWER. ONLY 1/3 MILE TO ROUTE 97 AND ABOUT 1 MILE TO BALTIMORE BELTWAY. SUPER CONVENIENT LOCATION WITH MANY POSSIBILITIES!

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#:
MDBA2115466
Type:
General Commercial
Lot size:
0.08 Acres
Year built:
1860
Courtesy: EXP Realty, LLC, (888) 860-7369
View additional info

Don't miss this incredible opportunity to own a multi-use building in the bustling heart of Little Italy/Harbor East! This property features commercial space on the lower level, currently housing a Travel Agency and Nail Salon, each with their own powder room for convenience. This upper unit offers flexibility as it can be configured as a 3-bedroom setup with kitchen and full bath, or easily converted into a 2-bedroom layout with a family room, kitchen, and full bath. Whether you're seeking an investment opportunity or looking to live above your own business, this property offers endless possibilities. Massive expansions are in the works for Harbor East and Little Italy increasing the marketability and traffic to the area. Don't hesitateâseize this chance to own a piece of Little Italy/Harbor Eastâs vibrant community. Schedule a viewing today!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDBA2118346
Type:
General Commercial
Lot size:
0.07 Acres
Year built:
1900
Courtesy: Keller Williams Lucido Agency, (410) 465-6900
View additional info

Beautiful spacious multi-zoned building in the heart of Baltimoreâs center city area with newly installed floors throughout. 923 N Calvert is zoned commercial, residential and multi-unit with four levels approx 1400 sq feet per level. Impressive high 20 foot ceilings , large windows , roof has been inspected and new LVP flooring recently installed throughout. Previously used as a law firm, this space is perfectly suited as Commercial with off street parking and a parking lot in the back of building to fit up to 10 cars. Renovations for a multi-unit residential home would require adding in kitchens and wall separation for bedrooms, currently there is a nice-sized kitchenette located on the bottom level. Each floor has a half bath and is equipped with its own HVAC unit. Incredibly located with walking distance to the harbor. See MLS# MDBA2118370 for Residential Listing.

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#:
MDBA2076586
Type:
General Commercial
Year built:
1880
Courtesy: Long & Foster Real Estate, Inc.
View additional info

LOCATI0N!!!! LOCATION!!! LOCATION!!!BUILDINGS FACE NEW JUVENIAL SERVICES BUILDINGS BACKS ON TO MAINPOST OFFICE AND SITS NEAR POLICE HEAD QUARTERS. 1 BLOCK FROM 83, AND ROUTE 40 711 STORE JUST VACATED FIRST FLOOR OF 239. AMAZING OFFICE SPACE ON UPPER LEVELS EACH LEVEL HAS ITS OWN REST ROOMS AND ELEVATOR TO EACH FLOOR, SEPERATE HEATING AND A/C FOR EACH LEVEL REAR LOT 334 N FRONT ST IS INCLUDED IN SALE THIS PROPERTY IS USED AS PARKING LOT. GREAT OFFICE SPACE ON EACH FLOOR EVERY FLOOR HAS ITS OWN RESTROOMS, A MUST TO SEE !!!! PROPERTY VACANT READY FOE IMMEDIATE USE.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDBA2086494
Type:
General Commercial
Year built:
1920
Courtesy: Long & Foster Real Estate, Inc.
View additional info

BUILDING WAS USED AS GARAGE ,OPEN FLOOR PLAN- LOADING DOCK PROPERTY BACKS ON TO MAIN POST OFFICE . CLOSE TO POLICE HEADQUARTERS- JUST OFF OF 83

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDBA2114880
Type:
General Commercial
Lot size:
0.07 Acres
Year built:
1900
Courtesy: Alex Cooper Auctioneers, Inc.
View additional info

List price to be opening bid. Online auction to be conducted on Auctioneers website. Bidding begins Thursday, May 9th & ends Tuesday, May 14th, 2024 at 1:00 pm. Introducing the exclusive Preston Street Lofts, an exceptional investment opportunity nestled in the vibrant heart of Baltimore. This premier apartment complex with ground floor retail boasts stainless steel appliancesâincluding refrigerators, ranges, microwaves, and dishwashersâcomplemented by stunning granite countertops, soft-close cabinetry, and new hardwood flooring. The design elegance extends to double vanity bathrooms and expansive 9-foot ceilings across a variety of uniquely crafted floorplans, with the 2-bedroom units featuring the luxury of dual entryways. Each unit has their own washer/dryer. Heating and cooling are provided by mini split systems. Each unit is separately metered for gas and electric. Each unit has access control which includes a key fob and keypad/intercom for visitors at the front entrance. The property is Lead Free. Strategically located within short walking distance to key Baltimore landmarks such as The University of Baltimore and the Maryland Institute College of Art. A CityLink bus stop directly in front of the building provides swift bus transportation to the renowned Inner Harbor, Inner Harbor East, Federal Hill, Canton and countless other neighborhoods. Penn Station, only two blocks away, offers convenient access to those who commute to Washington DC, Philadelphia or New York City. Preston Street Lofts offers unparalleled access to Baltimore City's rich cultural tapestry and beyond. Just blocks from your investment, a world of entertainment unfolds. From quaint dining experiences and local art galleries to the thriving performing arts scene, Preston Street Lofts promises not just a property, but a lifestyle investment. The property is even conveniently located across the street from a Starbucks. Don't miss out on the chance to make a landmark investment in one of Baltimore's most promising locales. **Current Gross Monthly Scheduled Rent of $17,418** **Current Annual Gross Scheduled Rent of $209,016** ***Potential for new ownership to increase rents to current market conditions*******Potential for monthly rent income of $18,962*******Potential for annual rent income of $227,546****The property has approximately 5 years left of CHAP credit on the real estate taxes. See CHAP letter in the document section. Luxury 13 unit building with 12 apartment units and 1 ground floor retail unit. Rent Roll: Unit 1: Studio apartment currently rented for $1,000/month Unit 2: Studio apartment currently rented for $1,050/month - move in 3/29/24 Unit 3: Studio apartment currently rented for $1,100/month Unit 4: Studio apartment currently rented for $1,250/month Unit 5: 2 Bedroom apartment currently rented for $1,599/month - move in 3/31/24 Unit 6: Studio apartment currently rented for $1,050/month Unit 7: Studio apartment currently rented for $1,050/month Unit 8: 2 bedroom apartment currently rented for $1,550/month Unit 9: Studio apartment currently rented for $1,135/month Unit 10: Studio apartment currently rented for $1,149/month Unit 11: Studio apartment currently rented for $885/month Unit 12: Studio apartment currently rented for $900/month Unit 13: Ground floor commercial unit currently leased for $3,700/month Note about commercial tenant: While the tenant has a robust restaurant business, it is important to note that they have a flourishing food truck business that needed more kitchen space. The need for more space for the food truck business was the catalyst for the leasing of this unit. This ensures the tenant has a well rounded revenue stream that is more resilient than a stand alone restaurant operator only.

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#:
MDBA2118626
Type:
General Commercial
Subdivision:
Locust Point
Lot size:
0.07 Acres
Year built:
1934
Courtesy: Century 21 Downtown
View additional info

Do not miss this excellent investment opportunity in the water oriented community of Locust Point. This wide commercial building is located in a well established neighborhood with high-tech offices, luxury apartments and centennial townhouses. It has multifunctional layout. The main level can be used as store space, a restaurant or a bar and the upper level as an apartment or office space. Take advantage of this opportunity and bring your ideas and create new outlook for this prime location. Schedule a viewing today!

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