1125 S Charles St, Baltimore, MD 21230

$999,000

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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.

Additional Information

Cooling Fuel
Natural Gas
Cooling
Central A/C
Heating Fuel
Natural Gas
Heating
Central
Hot Water
Natural Gas
Sewer Septic
Public Septic
Water
Public
Tax Year
2026
Possession
Settlement
Days on Market
107
Acres
0.05
Ownership
Fee Simple

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Calculator source: Real Geeks

Listing courtesy of Brexton Commerical, LLC. Contact: (410) 999-1738