311 Madison Street W Baltimore, MD $ 1,099,000
311 Madison Street W
$ 1,099,000
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311 Madison Street W

Baltimore, MD, 21201
$ 1,099,000
Baths0.0 Sq 6,900

Monthly Estimate*

$ 7,304

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Studio

Commercial Property for sale in Baltimore, MD

for $1,099,000. This 6,900 square foot building was built in 1948 on a lot size of 0.04.

New Listing Alert! Turnkey mixed-use CASH COW available now! Zoned as an apartment hotel with six rentable units. 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.

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Commercial Active

Price

$ 1,099,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 6,613

Style

Apartment Building,Restaurant/Bar

Lot Size

0.04

Year Built

1948

Town/City

Baltimore

County/Region

Baltimore City

MLS | Web ID

MDBA2122612

Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C Ceiling Fan(s)
Possession Immediate Negotiable
Zoning COMMERCIAL/RESIDENTIAL
Construction Materials Concrete
Exclusions Call for details
Year Built 1948
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Apartment Building Restaurant/Bar
Accessibility None
County BALTIMORE CITY
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions GPS or across the street from University of Maryland Mid-town campus -hospital
City BALTIMORE
Buyer Agent Compensation 2
Disclosures Owner RE Licensee
Zoning Description This is mixed use with a bar and several apartments
Lot Size Units Square Feet
Lot Size Square Feet 1742.00
Waterfront Y/N N
Tax Annual Amount 6613.0
Property Condition Very Good
Price Per Sq Ft Total AG 159.28
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 60
Standard Status Active
Year Built Source Estimated
Legal Subdivision Ward 11
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Inclusions Turn-key apartments mostly furnished. Common laundry equipment
Type of Parking On Street
Water View Y/N N
Building Area Total 6900.00
Lot Size Acres 0.04
Lot Size Source Estimated
Road Responsibility City/County
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 311
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* Excluded Features
List By
Re/Max Allegiance

Broker

myrealtorchristine1@gmail.com

Email

Affordability Calculator

$7,855
Per Month
93%
7%
0%
Monthly Principal & Interest
$7,304
Monthly Property Taxes
$551
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
6/18/2024$1,099,000 -8.34% Price Down
4/22/2024$1,199,000 Listed Price

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311 Madison Street W, Baltimore, MD, 21201 is a Commercial Property for sale at $1,099,000 with 6,900 sqft and a lot size of 0.04. 311 Madison Street W is a studio with 0.0 baths and was built in 1948. The property's zip code is 21201 which is in Baltimore, MD