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Listed by Ozgun Deniz • Century 21 Downtown
$ 1,299,900
Est. payment /mo
New
5-7 S CARROLLTON AVE Baltimore, MD 21223
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDBA2177250
Annual Tax Amount $100,000
Tax Year 2025
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Unlock the potential of this exceptional mixed-use property in the heart of Baltimore City. Located at 5-7 S Carrollton Ave, this nearly completed building offers a rare chance to own a high-yield investment with significant upside. Featuring 2 commercial units and 4 modern apartments, this property is poised to deliver strong cash flow, as it will be sold fully rented with fully permitted use and occupancy certificates in place. This is a visionary investor's dream! While the property awaits final BGE approval and sprinkler system installation, it presents a unique opportunity to acquire a nearly turnkey asset at a competitive price. The groundwork is laid, this property will shine as a premier income-generating asset in a vibrant, up-and-coming neighborhood. The commercial units are ideal for businesses seeking high-visibility storefronts, while the apartments cater to Baltimore's growing demand for quality urban living. This builder has done numerous projects in the Hollins Market neighborhood, please feel free to ask about other projects and finishes, attached are a few.
Location
State MD
County Baltimore City
Zoning MIXED-USE
Interior
Hot Water Natural Gas, Electric
Heating Central, Heat Pump(s)
Cooling Zoned, Central A/C, Multi Units
Heat Source Natural Gas, Central, Electric
Exterior
Water Access N
Accessibility Other
Garage N
Building
Sewer Public Septic, Public Sewer
Water Public
New Construction Y
Schools
School District Baltimore City Public Schools
Others
Tax ID NO TAX RECORD
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
