1100 W LAFAYETTE AVE new to site

Baltimore,MD 21217

$ 259000

- Bed

- Bath

7300 SqFt


Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 7,300 sqft

Price per Sqft $35

MLS Listing ID MDBA2158774

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $307

Tax Year 2024

Property Sub-Type Five Or More Units

Property Description

Exceptional investment opportunity with over 7,000 square feet in the Historic Lafayette square neighborhood!! This proposed development project gives the new owner the ability to fully design their own 5 unit multi family building. This project has high upside due to each apartment having its own private garage which gives exclusivity to your future tenants and the ability to charge to them each month to use the garages while also increasing the leasable dollar per square Ft for each apartment . The owner also has architectural plans and variance approved by Baltimore city for this 5 unit development . Centered right in front of Lafayette square park this brings prime walkability and appeal for future tenants. Located 7mins from MICA university and 6 mins from the university of Maryland medical center (Midtown campus) this opportunity has proximity in match for high execution as a operator. Please contact me for more information

Location

State MD

County Baltimore City

Zoning R-8

Interior

Hot Water Other

Heating None

Cooling None

Heat Source None

Exterior

Garage Spaces 5.0

Water Access N

Accessibility Other

Total Parking Spaces 5

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0316150079 001

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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