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311 Madison Street W

BALTIMORE, MD 21201
  • $1,199,000
  • STATUS: Active
  • ON SITE: 29 Days
  • ID#: MDBA2122612
UPDATED: 150 min ago
$1,199,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1948
County:

School Ratings & Info

Description

New Listing Alert! ' Turnkey mixed-use CASH COW available now! Zoned as an apartment hotel with six rentable units. 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. '

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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 Keller Williams Capital Properties. 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: 2024-05-22T10:55:03.53.
www.mbekrealtor.com/homes/149750552
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311 Madison Street W BALTIMORE, MD 21201

  • Price: $1,199,000
  • Status: Active
  • On Site: 29 Days
  • Updated: 150 min ago
  • ID#: MDBA2122612
0
Beds
0
Baths
0
½ Baths
0.04
Acres
1948
Built
County:
Baltimore City
School District:
Baltimore City Public Schools
Property Description
New Listing Alert! ' Turnkey mixed-use CASH COW available now! Zoned as an apartment hotel with six rentable units. 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. '
Exterior Features

Construction Materials Concrete Garage YN No Parking Types On Street Property Condition Very Good Road Responsibility City/County Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 6900.00 Cooling Central A/CCeiling Fan(s) Exclusions Call for details Heating Forced Air Heating YN Yes Inclusions Turn-key apartments mostly furnished. Common laundry equipment Net Square Feet 6900.00

Property Features

Accessibility Features None Central Air YN Yes Cooling Fuel Electric Heating Fuel Natural Gas Hot Water Natural Gas Lease Considered YN No Navigable Water YN N New Construction YN No Original MLSNumber 803012860850 Ownership Interest Fee Simple Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 6613.00 Transportation Bus Stop less than 1 mileMetro/Subway Station less than 1 mile Vacation Rental YN No Water Source Public Zoning COMMERCIAL/RESIDENTIAL Zoning Description This is mixed use with a bar and several apartments

Listing courtesy of RE/MAX Allegiance: .


©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 Keller Williams Capital Properties. 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: 2024-05-22T10:55:03.53.
 
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Keller Williams Capital Properties
4031 University Dr. #500
Fairfax VA, 22030