1125 S Charles St, Baltimore, MD 21230
- $999,000
- List Price
- $999,000
- MLS#
- MDBA2217108
- Year Built
- 1920
- Status
- ACTIVE
- Type
- Commercial
- County
- Baltimore City
Property Description
***FULLY OCCUPIED***24 hours notice for showings. Price reflects 8.43% CAP RATE. This double-lot commercial property is great for anyone looking to generate income. Two apartments on the 2nd & 3rd level and a restaurant on the 1st level. Both residential units are newly renovated, upscale, and are rarely vacant. Apartment A = 1 bedroom with 1.5 bathrooms. Apartment B = 2 bedrooms with 2 full bathrooms. The retail space features a restaurant with a full kitchen, large hood system, bar, dining area, and small grocery area. Tenant currently holds a Beer & Wine - Tavern Liqour License. All units separately metered. Current NOI is $84,200, with annual rental increases on retail. Contact Cody Chamberlain (showing agent) for additional information.
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Additional Information
- Cooling
- Central Air
- Heating
- Central
- Water
- Public
- Possession
- Settlement
- Days on Market
- 34
- Acres
- 0.05
- Ownership
- Fee Simple