Description for
311 Madison Street WBaltimore, MD 21201
New Listing Alert! Turnkey mixed-use CASH COW available now! Zoned as an apartment hotel with six rentable units. Don't miss out on this lucrative deal! #RealEstate #InvestmentOpportunity #CashCow Professional pictures coming soon!The current tenants in place for this investment opportunity include a retail restaurant/lounge on the 1st level. The restaurant/lounge has a long-term lease in place, providing a stable source of income. Additionally, there are six rentable units that generate revenue through a hybrid income ratio split between Airbnb, long-term leases, and the restaurant. This diverse mix of tenants ensures multiple streams of income for the property.
Price
$1,199,000
BALTIMORE CITY
6,900 (approx)
MDBA2122612
Active
Description
New Listing Alert! Turnkey mixed-use CASH COW available now! Zoned as an apartment hotel with six rentable units. Don't miss out on this lucrative deal! #RealEstate #InvestmentOpportunity #CashCow Professional pictures coming soon!The current tenants in place for this investment opportunity include a retail restaurant/lounge on the 1st level. The restaurant/lounge has a long-term lease in place, providing a stable source of income. Additionally, there are six rentable units that generate revenue through a hybrid income ratio split between Airbnb, long-term leases, and the restaurant. This diverse mix of tenants ensures multiple streams of income for the property.
Listing Information
Property Type: Mixed Use, Business Opportunities, Other
0.04 Acres
6,900 (approx)
1948
Public
Public Sewer
Neighborhood
Room Information
Interior Features
Central Air, Ceiling Fan(s)
Gas Heat,Forced Air
Exterior / Lot Features
On Street
This is mixed use with a bar and several apartment
Driving Directions
GPS or across the street from University of Maryland Mid-town campus -hospital
Financial Considerations
0311100521 033
$6,613
Listing Price History
Baltimore Real Estate
Baltimore is located in Maryland.
Baltimore, Maryland 21201 has a population of 596,345.
The median household income in Baltimore, Maryland 21201 is
$42,371.
The median household income for the surrounding county is $53,821
compared to the national median of $66,222.
The median age of people living in Baltimore 21201 is 38 years.
Loading nearby sales and history ...
Courtesy: RE/MAX Allegiance
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 5/19/2024 6:03 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
