$425,000
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1014 S Charles Street Baltimore, MD 21230 Municipality: Baltimore City
Single Family
Residence
6
Beds
4
Baths
5,100
Sq. Ft.
0.04
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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ONLINE AUCTION: Bidding Begins 12/11/24 @ 10:00 AM, bidding ends 12/13/24 at 11:30 AM. List Price is Suggested Opening Bid. Deposit: $50,000. Deposit must increase to 10% of total purchase price within 72 hours. Investment opportunity in the heart ofÂFederal Hill! This 3-story townhouse is situat...ed in one of Baltimoreâs most vibrant neighborhoods, offering unparalleled convenience and accessibility. Located just minutes from popular attractions like the Cross Street Market, M&T Bank Stadium, and Oriole Park at Camden Yards, this property is perfect for investors looking to capitalize on a prime location.ÂEnjoy easy access to S Hanover St, a major traffic artery, ensuring seamless connections to surrounding areas and commuter routes. The property features an unfinished interior with significant construction progress, including framed structures for future commercial and residential spaces. The spacious layout, encompassing approximatelyÂ5,100 square feet above grade, has the potential to accommodate a variety of design possibilities. Additionally, the property is believed to include space for a +/- 2-car garage, making it an attractive option for businesses or residents needing secure parking in a bustling urban setting. Unit Breakdown: First Floor: Designed for a commercial space and (1) efficiency unit. Second Floor: Planned for (1) two-bedroom, one-bathroom unit, and (1) one-bedroom, one-bathroom unit. Third Floor: Configured for (1) two-bedroom, one-bathroom unit, and (1) one-bedroom, one-bathroom unit. Total Residential Units: 5 units, including (2) one-bedroom units, (2) two-bedroom units, and (1) efficiency unit. Conceptual plans call for all units to beÂseparately metered, enhancing tenant management and billing. Projected Monthly Rental Income: Two-Bedroom Units: $2,000 per month, per unit One-Bedroom Units: $1,500 per month, per unit Efficiency Unit: $1,000 per month Commercial Space: $3,000 per month Total Gross Projected Market Rents: ApproximatelyÂ$11,000 per month, including the commercial space.
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MLS#
MDBA2145776
Property Type
Single Family
Bedrooms
6
Bathrooms
4 Full
Year Built
1920
Square Feet
5,100
sq. ft
Price per Sq. Ft.
$83.33
Lot Size
0.04
Sewer
Public Sewer
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