• 311 Madison Street BALTIMORE, MD 21201

  • $1,199,000
  • 0
    Bed(s)
  • 0
    Baths
  • 0
    Sq Ft
  • 2744
    Sqft

New Listing Alert! 🏢💰 Turnkey mixed-use CASH COW available now! Zoned as an apartment hotel with SIX rentable units. THIS IS A COMMERCIAL BUILDING WITH HUGE redevelopment potential on a CONER LOT!!! Don't miss out on this lucrative deal! 🏦💼 #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. 🍽️🏢💼 SOLD AS IS

Property Type :

Multi-Family

County :

BALTIMORE CITY

Style :

Multi-Family

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Property Details

 

Water/Sewer

Water Source : Public

Interior Features

Roof : Rubber

Roofing Information

Rubber

Heating & Cooling

Cooling: Central A/C,Ceiling Fan(s)

Heating: Forced Air

Cooling Fuel: Electric

Heating Fuel: Natural Gas

Building Information

Year Built: 1948

Structure: Other

New Construction: No

Total Units: 4

Built: 1948

Construction Material: Concrete

Roof: Rubber

Architecture: Traditional

Pool/Private: No Pool

Roof Type: Rubber

Pool Information

Pool: No Pool

Utility Features

Sewer: Public Sewer

Water

Water Heat: Natural Gas

Lot Information

Lot Size: 2,744

Lot Size (Acres): 0.06

Architectural Style: Traditional

Main Square Feet: 2,744

Property Information

SQ ft: 6,900

SQ ft (Living Area): 6,900

Total Lot SQ ft: 2,744

Total Acreage: 0.06

New Construction: No

Type: Traditional

Listing Information

Possession: Negotiable,Immediate

Days Of Market: 2

Tax Information

Annual Tax: $6,613

Tax Year: 2023

Total Taxes Payment Frequency: Annually

Possession

Negotiable,Immediate

Assessment Information

Taxes Assessment Amount: $258,800

Parking Information

Parking Type: On Street

Has Garage: N

Multi-Unit Information

Roof: Rubber

Homeowners Association Information

Direction: GPS or across the street from University of Maryland Mid-town campus-hospital

School Information

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: GPS or across the street from University of Maryland Mid-town campus-hospital

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

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 05/05/2024 @ 19:59

MLS: MDBA2122616
LISTED BY: Christine M Oberhelman , RE/MAX Allegiance
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2%
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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