Address
27 S Gay Street, Baltimore, MD
Price
$ 625,000
Property Attributes
- MLS#MDBA2099372
- TypePending
- CountyBALTIMORE CITY
- CityBaltimore
- Zip21202
- StyleFederal
- Year Built1906
- Taxes$ 6622
- Price$ 625,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size2,178 SqFt
Data Source:
Bright MLS
Property Description
FIRE SALE 1.5 blocks from the National Aquarium and close to the bustling Inner Harbour. The property has drawings, permit set ready to go! Estimates can be sent (600k estimate in writing done). Water flow test already done. The property has a tax credit over the course of 10 years already approved, locking in a $300k value of property tax. There is a great tenant lined up at 17k a month starting the day construction is complete almost triple net. Tenant pays all expenses except the low taxes. Insane high % cap rate and much of the legwork completed for a lucky investor. The building has been newly renovated (completed in 2006), now vacant and gutted ready to be built with your already approved drawings. Features over 9'6" ceiling height with clear span area on each floor, front and rear staircases, new roof 2005 along with roofing. *Cross-posted MLS# MDBA2097820
| Price History | |
|---|---|
| 9/18/2023 | Listed $700,000 |
| 10/3/2023 | 10% - $630,000 |
| 10/23/2023 | 5% - $600,000 |
| 11/3/2023 | 17% - $500,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air,Central |
| Cooling | Central A/C |
| Possession | Negotiable |
| Zoning | CT05 |
| Architectural Style | Federal |
| Construction Materials | Brick |
| Year Built | 1906 |
| Property SubType | Other |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Section | 11 |
| Accessibility | None |
| County | BALTIMORE CITY |
| New Construction | No |
| Property Type | Multi-Family |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Status | PENDING |
| Directions | 1.5 blocks from the water |
| ModificationTimestamp | 2024-05-13T17:33:12 |
| City | BALTIMORE |
| Buyer Agent Compensation | 3 |
| Total Units | 1 |
| Lot Size Square Feet | 2172.00 |
| Tax Assessed Value | 280600.0 |
| Waterfront Y/N | No |
| Street Name | GAY |
| Tax Annual Amount | 6622.0 |
| Structure Type | Other |
| Price Per Sq Ft | 151.81 |
| Vacation Rental Y/N | No |
| Total SQFT | 5489 |
| Days on Market | 221 |
| Standard Status | Pending |
| Year Built Source | Assessor |
| Legal Subdivision | Ward 4 |
| Tax Lot | 017 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas Available |
|---|---|
| Hot Water | Other |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | STREET |
| Central Air Y/N | Yes |
| LivingAreaSource | Assessor |
Exterior Features
| Pool | No Pool |
|---|---|
| Water Source | Public |
| Type of Parking | None |
| Land Use Code | C |
| Water View Y/N | No |
| Lot Size Acres | 0.05 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Land Assessed Value | 108600.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 21202
Price
Taxes
Visits
Year Built
Walkscore
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