592 OLD TOWN MALL Active Save Request In-Person Tour Request Virtual Tour
Baltimore,MD 21202
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 1,890 sqft
Price per Sqft $185
MLS Listing ID MDBA2155734
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $1,043
Tax Year 2024
Lot Size 765 Sqft
Acres 0.02
Property Sub-Type Mixed Use
Property Description
Value Opportunity for an owner-user or investor this renovated mixed-use building is ready for a new owner. Perfect if you have always wanted to start a business, and rent an apartment in the area to make the switch for cheaper than buying a home. Or for an investor looking to start cash flowing, nearby storefronts of similar sizes rent for 1500 a month and apartments rent for about 2000/month nearby. The 3-story structure was built in 1920. The first floor is a storefront whose current use is a convenience store but there is a possibility for other uses. The two upper floors have been fitted for a 3 bed 2 bath apartment, Located in the Perkins Somerset Oldtown Transformation District, a $1.1 billion redevelopment plan to convert over 244 urban acres into a modern community with 1,360 units of mixed-income housing get in before prices skyrocket. The owner is willing to finish some of the repairs with the right offer.
Location
State MD
County Baltimore City
Zoning C-2
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Flooring Luxury Vinyl Plank,Other
Heat Source Electric
Exterior
Water Access N
Roof Type Rubber
Accessibility None
Road Frontage City/County
Garage N
Building
Foundation Crawl Space
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0305031277 048
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash,Bank Portfolio,Contract,Negotiable,Private,Other
Listing Terms Cash,Bank Portfolio,Contract,Negotiable,Private,Other
Financing Cash,Bank Portfolio,Contract,Negotiable,Private,Other
Special Listing Condition Standard