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1217 E Preston St

Baltimore MD 21202

$1,799,999.00

About property
Sale

  • Property Tax ID # 0310011160 031
  • Property type Multifamily
  • Price $1,799,999.00
  • Price Per Sq Ft $135.27
  • State Maryland
  • County Baltimore City
  • Municipality Baltimore City
  • City Baltimore
  • Zip code 21202
  • Street Address 1217 E Preston St
  • Building Sq Ft 13,307
  • Lot Size 13307.0 Square Feet
  • Units 16
  • Year Built 1900
  • Date Listed April 15, 2021
  • Property Status Active
  • Zoning R-8
  • Income $0.00
  • Expense $0.00
  • Status Date Changed Apr 15, 2021
  • Total Taxes N/A
  • Parking

Description

IMPRESSIVE INVESTMENT OPPORTUNITY - 13,000+ SQ. FT BUILDING FEATURING UP TO 4 COMMERCIAL UNITS & 12 RESIDENTIAL UNITS! Renovations are approximately 65% complete and will consist of 4 commercial units, six 3 bedroom units, three 2 bedroom units, and three 1 bedroom units! Once completed, potential monthly rental income of $25,300! Massive redevelopment in the surrounding areas and property is located within 8 blocks of Johns Hopkins and convenient to I-83 and downtown Baltimore! Property appraised in January 2021 for $2,115,000 As-Is and $2,725,000 when completed!

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