The property has 6 residential units and one retail space.
No tenants at the moment.
Diverse unit layout: Includes 4 two-bedroom, one-bathroom apartments, 1 one-bedroom unit, and 1 four-bedroom apartment, with potential for improvement.
Commercial spaces: The first is ideal for a deli or take-out shop, while the second suits a church or community center.
Multiple income streams: Combined residential and commercial units ensure stable cash flow.
Ample street parking and easy access to transportation routes.
The mixed-use 7-unit property located at 1700 Madison in the 21217 zip code, near MICA (Maryland Institute College of Art),
presents an excellent investment opportunity for those looking to expand their real estate portfolio. The property is comprised
of both residential and commercial units, allowing for multiple streams of income. MICA alumni, known for their creativity and
success, contribute to the vibrant community surrounding this property.
The vacant units provide significant potential for increased revenue through renovation and leasing efforts.
Property Type :
Multi-Family
Subdivision :
Madison Park Historic District
County :
BALTIMORE CITY
Style :
Multi-Family
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ByOwner last updated this listing 05/02/2024 @ 08:40
MLS: MDBA2105486
LISTED BY: Menachem M. Dalfin , Midfield Realty
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
