108 W Saratoga Street Baltimore, MD $ 1,200,000
108 W Saratoga Street
$ 1,200,000
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108 W Saratoga Street

Baltimore, MD, 21201
$ 1,200,000
Baths0.0 Sq 5,646

Monthly Estimate*

$ 7,976

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Studio

Commercial Property for sale in Baltimore, MD

for $1,200,000. This 5,646 square foot building was built in 1920 on a lot size of 0.09.

108 W. Saratoga Street is an 8-unit building containing 7 apts and 1 office located in the central business district of Baltimore City close to historic Mt. Vernon and the central corridors of Charles St and Saint Paul St. The units consist of a mix of one and two bedroom units, and a commercial space currently used as maintenance storage. The building was completely renovated top to bottom in 2018. Features include all new plumbing, electric, HVAC, windows, and more. The interiors of the units include central AC, upgraded kitchens with granite and stainless steel appliances, new hardwood flooring, washer/dryers and more. There are 5 parking spaces with the building and the property is close to all amenities. Major bus lines including the purple line of the circulator travel through the neighborhood. A mix of office, retail, and residential, the central business district is home to a variety of institutions and close to the Johns Hopkins University, Walters Art Museum, University of Baltimore, Maryland Historical Society, Maryland Institute College of Arts, CFG Arena, and more.

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Commercial Active

Price

$ 1,200,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 16,083

Style

Lot Size

0.09

Year Built

1920

Town/City

Baltimore

County/Region

Baltimore City

MLS | Web ID

MDBA2118662

Features
Interior
Heating Fuel Electric
Hot Water Electric
Heating Y/N Y
Street Suffix STREET
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Central A/C
Possession Settlement
Zoning C-5HT
Construction Materials Brick
Year Built 1920
Property SubType Five Or More Units
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality Baltimore City
Business Type Other
Accessibility None
County BALTIMORE CITY
Net Operating Income 70000.00
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Portfolio
City BALTIMORE
Buyer Agent Compensation 2.25
Total Units 8
Lot Size Square Feet 3875.00
Waterfront Y/N N
Street Name SARATOGA
Tax Annual Amount 16083.0
Property Condition Very Good
Price Per Sq Ft Total 212.54
Acceptable Financing Assumption Cash Conventional
Vacation Rental Y/N N
Days on Market 58
Standard Status Active
Year Built Source Estimated
Legal Subdivision Ward 4
Tax Lot 017
Cap Rate 5.80
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking Driveway Parking Lot
Foundation Details Brick/Mortar
Water View Y/N N
Building Area Total 5646.00
Lot Size Acres 0.09
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 155000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 108
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* Excluded Features
List By
Permira Realty, Llc

Broker

tim@greaterbc.com

Email

Affordability Calculator

$9,316
Per Month
86%
14%
0%
Monthly Principal & Interest
$7,976
Monthly Property Taxes
$1,340
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/21/2024$1,200,000 Listed Price

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108 W Saratoga Street, Baltimore, MD, 21201 is a Commercial Property for sale at $1,200,000 with 5,646 sqft and a lot size of 0.09. 108 W Saratoga Street is a studio with 0.0 baths and was built in 1920. The property's zip code is 21201 which is in Baltimore, MD