342 Bloom Street Baltimore, MD $ 2,200,000
342 Bloom Street
$ 2,200,000
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342 Bloom Street

Baltimore, MD, 21217
$ 2,200,000
Bedrooms-- Baths-- Sq 31,340

Monthly Estimate*

$ 13,891

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Commercial Property for sale in Baltimore, MD

for $2,200,000. This 31,340 square foot building was built in 1935 on a lot size of 0.16.

Only 39.5k per unit! listed below assessed value-of $2.3 million.. 48 unit multifamily apartment building with large upside potential. Renovated in 1994, ready for another modest facelift. Desirable location with good access shopping and conveniences. Five story building has handicap lift, elevator, community room, rental office, laudry room, two stairwell emergency exits that both allow access to all floors. Secure building with central chiller, central boiler heat. 48 One bedroom aparyments , 18 units occupied and 30 vacant. one apartment was recently remodelled to be used as rental model . pics attached. All units are 1br, they vary slightlyin layout and have approximately 480 to 500 sq ft in area. Cookie cutted modest rehab can quickly bring top rents. Seller has updated one unit as model. stainless steel appliances (fridge, range, disposal,sink)...new cabinetry ...quartz island bar,new hardwood floors,new bath vanity, new kitchen pics are in the listing. Possible Fifty thousan dollar plus rents per mo ($50,000/month) with nice rehab... Great opportunity -- don't delay !

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Commercial Active

Price

$ 2,200,000

Property Type

Commercial

Taxes

$ 54,825

Style

Apartment Building

Lot Size

0.16

Year Built

1935

Town/City

Baltimore

County/Region

Baltimore City

MLS | Web ID

MDBA2219630

Features
Interior
Heating Fuel Natural Gas
Hot Water Electric Natural Gas
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Convector Hot Water
Cooling Central A/C
Possession Settlement
Roof Rubber Other
Zoning R-8
Security Features Fire Detection System Smoke Detector Sprinkler System - Indoor
Construction Materials Brick
Year Built 1935
Electric 200+ Amp Service 3 Phases
Property Subtype Five Or More Units
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality Baltimore City
Business Type Apartment Building
Accessibility Other 48 + Halls Elevator Chairlift
County BALTIMORE CITY
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Use GPS
City BALTIMORE
Disclosures None
Number Of Units Total 48
Lot Size Units Square Feet
Lot Size Square Feet 7170.00
Tax Annual Amount 54825.0
Property Condition Below Average
Price Per Sq Ft Total AG 60.52
Acceptable Financing Cash Conventional Private
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Legal Subdivision Ward 14
Tax Lot 001
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Exterior
Lot Features Corner
Water Source Public
Type of Parking On Street
Water View Y/N N
Building Area Total 36349.00
Lot Size Acres 0.16
Road Surface Type Concrete Paved
Lot Size Source Assessor
Waterfront Y/N N
Road Responsibility City/County
Land Assessed Value 286800.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 342
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* Excluded Features
List By
Save 6, Incorporated

Broker

save6info@gmail.com

Email

Affordability Calculator

$18,460
Per Month
75%
25%
0%
Monthly Principal & Interest
$13,891
Monthly Property Taxes
$4,569
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
6/15/2026$1,900,000 Listed Price

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342 Bloom Street, Baltimore, MD, 21217 is a Commercial Property for sale at $2,200,000 with 31,340 sqft and a lot size of 0.16. 342 Bloom Street was built in 1935. The property's zip code is 21217 which is in Baltimore, MD