Price Reduction
Address
1616 Eastern Avenue, Baltimore, MD
Price
$ 694,000
Property Attributes
- MLS#MDBA2123048
- TypeCommercial
- CountyBALTIMORE CITY
- CityBaltimore
- Zip21231
- StyleApartment Building
- Year Built1890
- Taxes$ 4772
- Price$ 694,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2800
- Lot Size2,178 SqFt
Data Source:
Bright MLS
Property Description
Investor's Dream in Fell's Point! Don't miss out on this incredible opportunity to own a 2-unit property located in the vibrant heart of Baltimore! This property is zoned C-1, offering an opportunity to add more apartments above the existing garage, and/or to split the existing structure into more apartments if desired. This gem features a legally zoned and metered setup, offering versatility and potential for both investors and homeowners alike. The first-floor unit welcomes you with a charming one bedroom, one bathroom layout adorned with high ceilings and gleaming hardwood floors, creating a warm and inviting ambiance. Ascending to the second level, you'll discover a spacious two-level apartment showcasing a generously sized eat-in kitchen, expansive living area, and three bedrooms along with two full bathrooms. Rare for the area, this property includes a spacious three-car garage, providing coveted parking convenience in bustling Fells Point. Great redevelopmenet potential with flexible C-1 Zoning!
| Price History | |
|---|---|
| 4/25/2024 | Listed $700,000 |
| 5/7/2024 | 1% - $694,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Radiator |
| Cooling | Central A/C |
| Possession | Immediate,0-30 Days CD,31-60 Days CD |
| Zoning | C-1 |
| Construction Materials | Brick |
| Year Built | 1890 |
| Property SubType | Other |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Business Type | Apartment Building |
| Accessibility | None |
| County | BALTIMORE CITY |
| New Construction | No |
| Property Type | Commercial Sale |
| Water Access Y/N | No |
| Property Use | Investment |
| Status | ACTIVE |
| Directions | GPS |
| ModificationTimestamp | 2024-05-07T15:08:40 |
| City | BALTIMORE |
| Buyer Agent Compensation | 2.5 |
| Total Units | 2 |
| Lot Size Square Feet | 2016.00 |
| Tax Assessed Value | 202200.0 |
| Waterfront Y/N | No |
| Street Name | EASTERN |
| Tax Annual Amount | 4772.0 |
| Price Per Sq Ft | 266.92 |
| Vacation Rental Y/N | No |
| Days on Market | 13 |
| Standard Status | Active |
| Year Built Source | Estimated |
| Legal Subdivision | Ward 3 |
| Tax Lot | 018 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Hot Water | Natural Gas |
| Total Stories | 3 |
| Heating Y/N | Yes |
| Street Suffix | AVENUE |
| Central Air Y/N | Yes |
Exterior Features
| Water Source | Public |
|---|---|
| Total Parking Spaces | 3 |
| Type of Parking | Other |
| Land Use Code | R |
| Foundation Details | Stone |
| Water View Y/N | No |
| Building Area Total | 2600.00 |
| Lot Size Acres | 0.05 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Land Assessed Value | 80000.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| Car Parking Spaces | 3 |
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 Commercial Average in 21231
Price
Taxes
Visits
Year Built
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