Tina Poss
Office: 301.698.3232
Cell: 301.514.4233
27 S Gay St, BALTIMORE
$625,000
0 Beds
0 Baths
4,117 Sqft
.05 Acres
0 Garages
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
Essential Information
MLS® #MDBA2099372
Price$625,000
Bathrooms0.00
Square Footage4,117
Acres0.05
Year Built1906
TypeMulti-Family
Sub-TypeOther, Other
StyleFederal
StatusPending
Community Information
Address27 S Gay St
CityBALTIMORE
CountyBALTIMORE CITY-MD
StateMD
MunicipalityBaltimore City
Zip Code21202
Interior
HeatingForced Air, Central
CoolingCentral A/C
Exterior
ExteriorBrick and Siding
School Information
DistrictBALTIMORE CITY PUBLIC SCHOOLS
Additional Information
ZoningCT05
Listing Details
OfficeReal Broker, LLC - McLean
Office Contact(850) 450-0442
Property History
Status Changed from Active to Pending
Price Reduced from $800,000 to $625,000
Price Increased from $500,000 to $800,000
Price Reduced from $600,000 to $500,000
Price Reduced from $630,000 to $600,000
LISTING MAP
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Listing information last updated on May 8th, 2024 at 2:03pm EDT.
