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316 N Paca Street

BALTIMORE, MD 21201
  • $1,300,000
  • STATUS: Active
  • ON SITE: 19 Days
  • ID#: MDBA2127746
$1,300,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,725
    SQFT
  • $275
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

Description

**Submit an Offer - This post needs to include the ideal asking price, but the property is open to offers.**Situated in the heart of Baltimore, 316 N Paca St is a three-story multi-family building offering an outstanding investment opportunity. It is within walking distance to major institutions like the University of Maryland and a short drive from other major universities such as Johns Hopkins University and MICA. The property is also near major employers, including prominent healthcare facilities such as the University of Maryland Medical Center and Mercy Medical Center.Residents can enjoy shopping at the historic Lexington Market, as well as a variety of retail and dining options at Harborplace & The Gallery and The Shops at Canton Crossing. The property is also well-connected, with quick access to Interstate 95 (I-95) and Interstate 83 (I-83). Additionally, it is only a few blocks away from Oriole Park at Camden Yards and M&T Bank Stadium, the homes of the Baltimore Orioles and the Baltimore Ravens, respectively.The building features four studios, three 1-bedroom, 1-bathroom units, and one 2-bedroom, 1-bathroom unit, with the potential to increase rents by 22%. The proximity to major entertainment venues boosts demand for rental properties, leading to higher occupancy rates and rental income. Additionally, properties in such desirable locations often experience appreciation in value over time, presenting opportunities for capital gains for investors.**Submit an Offer - This post needs to include the ideal asking price, but the property is open to offers.**

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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 The Broc Schmelyun Team | RE/MAX. 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: 2024-06-22T23:57:04.53.
www.soldbybroc.com/homes/151284130
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316 N Paca Street BALTIMORE, MD 21201

  • Price: $1,300,000
  • Status: Active
  • On Site: 19 Days
  • ID#: MDBA2127746
0
Beds
0
Baths
0
½ Baths
N/A
Acres
4,725
SQFT
$275
$/SQFT
1900
Built
Neighborhood:
None Available
County:
Baltimore City
School District:
Baltimore City Public Schools
Property Description
**Submit an Offer - This post needs to include the ideal asking price, but the property is open to offers.**Situated in the heart of Baltimore, 316 N Paca St is a three-story multi-family building offering an outstanding investment opportunity. It is within walking distance to major institutions like the University of Maryland and a short drive from other major universities such as Johns Hopkins University and MICA. The property is also near major employers, including prominent healthcare facilities such as the University of Maryland Medical Center and Mercy Medical Center.Residents can enjoy shopping at the historic Lexington Market, as well as a variety of retail and dining options at Harborplace & The Gallery and The Shops at Canton Crossing. The property is also well-connected, with quick access to Interstate 95 (I-95) and Interstate 83 (I-83). Additionally, it is only a few blocks away from Oriole Park at Camden Yards and M&T Bank Stadium, the homes of the Baltimore Orioles and the Baltimore Ravens, respectively.The building features four studios, three 1-bedroom, 1-bathroom units, and one 2-bedroom, 1-bathroom unit, with the potential to increase rents by 22%. The proximity to major entertainment venues boosts demand for rental properties, leading to higher occupancy rates and rental income. Additionally, properties in such desirable locations often experience appreciation in value over time, presenting opportunities for capital gains for investors.**Submit an Offer - This post needs to include the ideal asking price, but the property is open to offers.**
Exterior Features

Architectural Style Other Construction Materials Brick Garage YN No Parking Types On Street Pool No Pool Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 4725 Basement Full Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplace YN No Heating Forced Air Heating YN Yes Single Room Units 4 Three Bedroom Units 0 Two Bedroom Units 1

Property Features

Accessibility Features None Central Air YN Yes Cooling Fuel Natural Gas Foundation Details Other Heating Fuel Natural Gas Hot Water Natural Gas Municipality Baltimore City Navigable Water YN N New Construction YN No Number Of Units Total 1 Original MLSNumber 803118223182 Ownership Interest Other Property Sub Type Other Sale Type Standard Sewer Public SepticPublic Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 0.00 Tax Lot 027 Vacation Rental YN No Water Source Public Zoning B051

Listing courtesy of Midfield Realty: .


©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 The Broc Schmelyun Team | RE/MAX. 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: 2024-06-22T23:57:04.53.
 
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