417 Saint Paul StBaltimore, MD 21202MLS Number MDBA2003452

  • Price: $325,000
  • 108 Days on Market
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Federal 30-year interest rate: 3.09% last updated on Oct 21, 2021
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417 Saint Paul St Baltimore MD 21202417 Saint Paul St Baltimore MD 21202417 Saint Paul St Baltimore MD 21202417 Saint Paul St Baltimore MD 21202417 Saint Paul St Baltimore MD 21202417 Saint Paul St Baltimore MD 21202417 Saint Paul St Baltimore MD 21202417 Saint Paul St Baltimore MD 21202417 Saint Paul St Baltimore MD 21202417 Saint Paul St Baltimore MD 21202417 Saint Paul St Baltimore MD 21202417 Saint Paul St Baltimore MD 21202417 Saint Paul St Baltimore MD 21202417 Saint Paul St Baltimore MD 21202
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  • 0.04Acreage
  • 1920Year Built
  • 86Price Per Square Foot
  • 1Units

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What makes this Commercially Zoned 3 Story Investment Property Special: This is a great opportunity to own a commercially zoned investment property in the heart of Downtown Baltimore. The property is currently used as office space, with a law firm occupying the 1st and 2nd floors. The third floor is vacant. The potential for this property lies in its C5 zoning, which allows for a wide variety of uses. The property is 3774 sq. ft., which would allow for at least 3 large apartments with the potential for more. One could apply for a variance to add additional units. Building Details The building is currently used as a law office. The law office occupies the first and second floors. The office space is dated and in need of an extensive rehab. The third floor is unoccupied and in need of a complete rehab. The basement is a large unfinished space which is suitable for dry storage. There is a 2-car garage off the rear of the building, allowing the owner/tenant secure parking. The buildings 3774 sq. ft. spread among 3 floors allows the potential for 3 large apartments or more. The properties on both sides of 417 St Paul St. have been purchased by well known Baltimore developer, Chasen Companies. One side has been developed into luxury apartments (The Courtland) and the other side has just been purchased with rehab to begin shortly. This leaves an opportunity for a investor to work in concert with an experienced builder to create a great multifamily investment property. Who Pays What Utilities The property has 200 Amp electric service coming into the building. The first and second floors are separately metered for electric. There is one gas meter in the property fueling the single gas fired furnace. The first floor has a tankless hot water heater; the second floor has a 10 gallon hot water heater. There are separate central air units for the first and second floors. What's Nearby Located in the heart of Downtown Baltimore, 417 Saint Paul Place has a Walk Score of 99 out of 100 and a Transit Score of 88. A walkers paradise, this neighborhood affords the opportunity to complete daily errands without a car, and nearby parks include Cathedral Hill Historic District, Mount Vernon Square Park and Mount Vernon Place Historic District. The Mercy Medical Center is one block away, providing a strong community of high-income earners and potential tenants. The Crime Grade is an A, making it one of the safest Baltimore neighborhoods.
Listed by Will A Cannon III of Ben Frederick Realty,Inc.

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More Info

Basic Information

  • Broker NameBen Frederick Realty, Inc.
  • List Price$325,000
  • MLS NumberMDBA2003452
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot86
  • Sale Date10/09/2021
  • StatusPEN
  • Units1
  • Vacation Rental YNN

Building

  • Building Area SourceEstimated
  • Building Area Total3774
  • Construction MaterialsBlock, Brick
  • Garage Spaces
  • Num Attached Garage Spaces
  • Num Detached Garage Spaces
  • Total Garage And Parking Spaces2
  • Year Built1920

Water Body

  • Tidal Water YNN
  • Water AccessN
  • Water View YNN
  • WaterfrontN

Other

  • View Count1

Tax Information

  • Assessment Year2021
  • City Town Tax4402
  • City Town Tax Payment FrequencyAnnually
  • County Tax219
  • County Tax Payment FrequencyAnnually
  • Tax Assessment Amount198000
  • Tax Lot17
  • Tax Year2021
  • Taxes$4,621
  • Total Taxes Payment FrequencyAnnually

Property

  • Acreage0.04
  • Business TypeApartment Building, Other
  • Lot Size SourceAssessor
  • Lot Size Square Feet1,808
  • New Construction YNN
  • Property SubTypeMixed Use
  • ZoningC-5DC

Amenities

  • Accessibility AmenitiesNone

Parking

  • Assigned Parking Spaces
  • Parking TypesPrivate Garage

Basic Information

  • Date Listed07/08/2021

Location

  • Address417 Saint Paul St
  • Building Number417
  • CountyBaltimore City
  • DirectionsGPS
  • In City Limits YNY
  • IncorporatedcitynameBaltimore City
  • StateMD
  • TownBaltimore
  • Water Oriented YNN
  • Zip21202

Utilities

  • Central Air YNY
  • CoolingCentral A/C
  • Cooling FuelElectric
  • Heat System90% Forced Air
  • Heating FuelNatural Gas
  • Heating YNY
  • SewerPublic Sewer
  • Water HeaterElectric
  • Water SourcePublic

Baltimore, MD Demographics

There is no data available

Baltimore, MD Real Estate Market Data

There is no data available

Baltimore, MD Schools

School NameDistanceTypeGrades
RE/MAX Realty Group - Gaithersburg
RE/MAX Realty Group - Gaithersburg
Office: 301-258-7757
6 Montgomery Village Avenue
STE200
Gaithersburg, MD 20879

Copyright 2021 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which RE/MAX Realty Group/100 participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated October 24, 2021. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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