• 205 W Madison Street BALTIMORE, MD 21201

  • $1,650,000
  • 0
    Bed(s)
  • 0
    Baths
  • 0
    Sq Ft
  • 2552
    Sqft

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!

Property Type :

Multi-Family

Subdivision :

None Available

County :

BALTIMORE CITY

Style :

Multi-Family

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Property Details

 

Water/Sewer

Water Source : Public

Interior Features

Crown Moldings,Elevator,Double/Dual Staircase

Exterior Property Features : Fire Escape,Gutter System

Basement Description: Full

Heating & Cooling

Cooling: Central A/C

Heating: 90% Forced Air

Cooling Fuel: Electric

Heating Fuel: Natural Gas

Building Information

Exterior Features: Fire Escape,Gutter System

Year Built: 1880

Structure: Other

New Construction: No

Total Units: 1

Built: 1880

Construction Material: Brick

Architecture: Victorian

Pool/Private: No Pool

Pool Information

Pool: No Pool

Utility Features

Sewer: Public Sewer

Water

Water Heat: Natural Gas

Lot Information

Lot Size: 2,552

Lot Size (Acres): 0.06

Architectural Style: Victorian

Main Square Feet: 2,552

Property Information

SQ ft: 18,040

SQ ft (Living Area): 18,040

Total Lot SQ ft: 2,552

Total Acreage: 0.06

New Construction: No

Type: Victorian

Listing Information

Possession: Immediate

Days Of Market: 37

Tax Information

Annual Tax: $12,284

Tax Year: 2023

Total Taxes Payment Frequency: Annually

Possession

Immediate

Assessment Information

Taxes Assessment Amount: $624,633

Virtual Tour

Parking Information

Total Parking Spaces: 0

Parking Type: None

Has Garage: N

Homeowners Association Information

Direction: On W Madison St

School Information

Elementary School: THE HISTORIC SAMUEL COLERIDGE-TAYLOR

School District: BALTIMORE CITY PUBLIC SCHOOLS

Utility Information

Water Source: Public

Sewer: Public Sewer

Cooling Fuel: Electric

Heating Fuel: Natural Gas

Hot Water: Natural Gas

Location Information

Direction: On W Madison St

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
845 N Howard Street , Baltimore, MD,21201 $350,000 3 2.0 3,234 1000 Sqft
503 W Lexington Street , Baltimore, MD,21201 $315,000 1 1.5 1,534 602 Sqft
1209 Charles Street N #.., Baltimore, MD,21201 $290,000 2 2 -- --
10 W Madison Street #1, Baltimore, MD,21201 $249,000 2 1.5 1,397 --
1209 N Charles Street N.., Baltimore, MD,21201 $299,999 1 1 1,466 --
1105 Myrtle Avenue , Baltimore, MD,21201 $264,000 4 2.0 1,980 --
108 W Saratoga Street , Baltimore, MD,21201 $1,200,000 -- -- 4,055 3875 Sqft
832 Edmondson Avenue , Baltimore, MD,21201 $309,900 3 3.0 2,280 --
7 W Biddle Street #7A, Baltimore, MD,21201 $169,000 1 1 666 --
1019 Cathedral Street , Baltimore, MD,21201 $1,250,000 2 2.5 5,601 3075 Sqft

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ByOwner last updated this listing 05/11/2024 @ 19:16

MLS: MDBA2117952
LISTED BY: Francis Kraus , Berkshire Hathaway HomeServices Homesale 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.

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