Active

311 Madison St

Baltimore MD, 21201

$1,199,000


$173.77 per sqft

Active

4 Beds

6,900 sqft

Other

Built in 1948

New Listing Alert! Turnkey mixed-use CASH COW available now! Zoned as an apartment hotel with SIX rentable units. THIS IS A COMMERCIAL BUILDING WITH HUGE redevelopment potential on a CONER LOT!!! 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. SOLD AS IS

MDBA2122616

MLS ID

April 23, 2024

Listed

May 31, 2024

Updated

Map

311 Madison St
Baltimore MD, 21201

Interior Features

Bedrooms

4


Interior Features

Carpet, Wood


Floor Description

Carpet, Wood


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Ceiling Fan(s)


Heating

Yes


Heating Description

Forced Air, Natural Gas

Exterior/Building Features

Lot Size

0.06 Acres


Architectual Style

Traditional


Roof

Rubber


Sewer

Public Sewer

School Information

School District

BALTIMORE CITY PUBLIC SCHOOLS

Other Property Details

Area Name

BALTIMORE CITY


Taxes

$6,613


Tax Frequency

Annually


Days on Market

1


Garage

No


Parking

On Street


View

No


County

BALTIMORE CITY


Water Source

Public


Pool

No


Buyer Agency Compensation

2%

Listed by Christine M Oberhelman, with RE/MAX Allegiance
Listing Contact: 7032163005 

The IDX display contains information sourced from the Bright MLS, Inc. as of 5/31/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 5/31/2024 at 3:07 PM UTC

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