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27 S Gay Street

BALTIMORE, MD 21202
  • $625,000
  • STATUS: Active
  • ON SITE: 215 Days
  • ID#: MDBA2099372
Price Reduced
$625,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,117
    SQFT
  • $152
    $/SQFT
Type:
Multi-Family
Built:
1906
County:

School Ratings & Info

Description

FIRE SALE 1.5 blocks from the National Aquarium and close to the bustling Inner Harbour. The property has drawings, permit set ready to go! Estimates can be sent (600k estimate in writing done). Water flow test already done. The property has a tax credit over the course of 10 years already approved, locking in a $300k value of property tax. There is a great tenant lined up at 17k a month starting the day construction is complete almost triple net. Tenant pays all expenses except the low taxes.Insane high % cap rate and much of the legwork completed for a lucky investor.The building has been newly renovated (completed in 2006), now vacant and gutted ready to be built with your already approved drawings. Features over 9'6" ceiling height with clear span area on each floor, front and rear staircases, new roof 2005 along with roofing. *Cross-posted MLS# MDBA2097820

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Speicher Group of Real Broker LLC. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-04-19T17:52:56.623.
midatlantic.thespeichergroup.com/homes/143480068
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27 S Gay Street BALTIMORE, MD 21202

  • Price: $625,000
  • Status: Active
  • On Site: 215 Days
  • ID#: MDBA2099372
0
Beds
0
Baths
0
½ Baths
0.05
Acres
4,117
SQFT
$152
$/SQFT
1906
Built
County:
Baltimore City
School District:
Baltimore City Public Schools
Property Description
FIRE SALE 1.5 blocks from the National Aquarium and close to the bustling Inner Harbour. The property has drawings, permit set ready to go! Estimates can be sent (600k estimate in writing done). Water flow test already done. The property has a tax credit over the course of 10 years already approved, locking in a $300k value of property tax. There is a great tenant lined up at 17k a month starting the day construction is complete almost triple net. Tenant pays all expenses except the low taxes.Insane high % cap rate and much of the legwork completed for a lucky investor.The building has been newly renovated (completed in 2006), now vacant and gutted ready to be built with your already approved drawings. Features over 9'6" ceiling height with clear span area on each floor, front and rear staircases, new roof 2005 along with roofing. *Cross-posted MLS# MDBA2097820
Exterior Features

Architectural Style Federal Construction Materials Brick Garage YN No Parking Types None Pool No Pool Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 4117 Below Grade Finished Area 0 Below Grade Unfinished Area 1372 Cooling Central A/C Fireplace YN No Heating Forced AirCentral Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 0

Property Features

Accessibility Features None Central Air YN Yes Cooling Fuel Electric Heating Fuel Natural Gas Available Hot Water Other Municipality Baltimore City Navigable Water YN N New Construction YN No Number Of Units Total 1 Original MLSNumber 802617948634 Ownership Interest Fee Simple Property Sub Type Other Sale Type Standard Sewer Public Sewer Structure Design Type Other Tax Annual Amount 6622.00 Tax Lot 017 Vacation Rental YN No Water Source Public Zoning CT05

Listing courtesy of Real Broker, LLC: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Speicher Group of Real Broker LLC. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-04-19T17:52:56.623.
 
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Speicher Group of Real Broker LLC
9841 Washingtonian Blvd Ste 200
Gaithersburg MD, 20878