tomo logo

$550,000

Beds
4
Baths
2.5
sq ft
2,768

106 N Howard STREET N, Baltimore, MD 21201

106 N Howard STREET N

BALTIMORE, MD 21201

  • 49 days on market
A highly visible mixed-use building strategically located in the heart of downtown Baltimore. This property offers an exceptional opportunity, boasting prime store-front commercial space complemented by two residential rental units above. The condominiums currently generate a total monthly rent of $2400, while the commercial space has the potential to command $3500 in rental income, positioning it favorably within the local commercial rental market. The commercial space encompasses 1,032 square feet and is equipped with a complete jewelry workshop, along with a convenient half bath. Additionally, the property offers 1,032 square feet of unfinished basement storage. Notably, the sale price includes all jewelry merchandise items, including silver items, watches, and machinery, enhancing the value proposition for prospective buyers. Adjacent to the property, plans are underway for a transformative development project across the street, which is poised to elevate the entire block with the introduction of a wholesale store and condominiums. This significant development is anticipated to have a positive impact on the future value appreciation of the building. We wish to highlight that the seller is motivated and open to negotiations, presenting an opportunity for savvy investors to capitalize on this prime asset.

Details

Property type

Lot size

1,032 sq ft

Price per sq ft

$199

Year built

1900

Annual property taxes

$4,576

HOA

No

Price History

05/13/2024

Bright #MDBA2124970

Listed
$550,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

BALTIMORE CITY PUBLIC SCHOOLS

Status: Active

Tomo last checked: 07/01/2024 at 10:40 AM

Listing updated: 06/25/2024 at 11:03 AM

Listed by: Ibteesam Al slimawy, KW United Phone #: (703) 533-1500

MLS: Bright #MDBA2124970

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