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$2,662,000
13,128
square ft

14-16 E Madison Street
Baltimore, Maryland 21202

Closed / MLS #MDBA2116172 / Commercial / Mixed Use / Baltimore
Listing information updated 9/19/2024 at 9:01pm
List price to be opening bid. Online auction to be conducted on Auctioneers website. Bidding begins Saturday, March 23 & ends Thursday, March 28, 2024 at 1:00 pm. Multi-Family Apartment Complex in Historic "Mount Vernon" with Single Tenant Double Net Lease Structure. The building is configured for 20 total apartments but is currently leased by a recovery center who pays the entirety of the rent. The buildings are distinguished by their original architectural details, which include wood floors, plaster walls, wainscoting, millwork, fireplace mantles, and high ceilings. **Current Gross Monthly Scheduled Rent of $26,000** **Current Annual Gross Scheduled Rent of $312,000** 14 E. Maidson contains approximately 6,486SF of gross building area and has 11 units. 16 E. Madison contains contains approximately 6,642SF of gross building area and has 9 units. An annual 3% increase shall apply after the first 12 month period. The lease is a double net structure. 16 E. Madison Street has two rear parking spaces.
Lot Size:
2889.00 Square Feet
Acreage:
0.07
Built:
1930
Cooling System:
Other
Business Use:
Other, Apartment Building
Zoning:
OR-2
Building Square Feet:
13,128
Tax Amount:
$13,863
Tax Year:
2023
Zip Code:
21202
City:
Baltimore
County:
Baltimore City

Listing Office: Alex Cooper Auctioneers, Inc.

Listing Office Phone: 410.828.4838

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Baltimore

Baltimore, MD

Baltimore, a tribute to Maryland's founding proprietor, is a vibrant city with a rich heritage reflected in its 72 historic districts. From the bustling Inner Harbor to the artistic center at Mount Vernon, Baltimore's history, arts scene, and brewing legacy are celebrated. The city hosts significant...
$295,958
Average Sale Price
38
Average Days On The Market
103%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 14-16 E Madison Street, Baltimore, MD 21202

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14-16 E Madison Street, Baltimore, MD 21202 is a commercial / mixed use which sold for $2,662,000. This commercial / mixed use has been listed on RLAH @properties since February 29th, 2024 and was built in 1930.