1516 LANCASTER ST new to site

Baltimore,MD 21231

$ 2400000

- Bed

- Bath

7520 SqFt


Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 7,520 sqft

Price per Sqft $319

MLS Listing ID MDBA2164722

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $25,217

Tax Year 2024

Lot Size 5,049 Sqft

Acres 0.12

Property Sub-Type Five Or More Units

Property Description

Incredible investment opportunity in the heart of Fells Point!
This 9-unit multi-family property at 1516 Lancaster Street offers
everything a savvy investor could want—high ROI potential,
prime location, and rare amenities. Each unit features 1.5 or 2
bedrooms, and the building includes 9 dedicated parking
spots, 9 storage units, and a detached garage—a true
luxury in this area.

With close proximity to the waterfront, restaurants, and
nightlife, this turnkey property is perfectly positioned for strong
rental income and long-term appreciation. Don't miss your
chance to own a premier asset in one of Baltimore's most
desirable neighborhoods.

Location

State MD

County Baltimore City

Zoning R-8

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Heat Source Electric

Exterior

Water Access N

Roof Type Asphalt

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0303071809 023

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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