1400-1402 MADISON AVENUE
BALTIMORE, MD 21217
MLS#: MDBA2215540
$429,900
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1920
Sq.Footage
3,168
Exceptional value-add investment opportunity featuring a 7-unit multifamily property with tremendous income potential. The building consists of six 1-bedroom units and one spacious 2-bedroom unit, offering a desirable unit mix for steady rental demand. With over 4,000+ square feet of living space, this corner property provides significant upside for investors looking to renovate and increase cash flow. The property includes individual gas and electric meters for each unit, helping reduce owner expenses, plus a detached 2-car garage that offers additional income potential through parking or storage rental. Exterior features include a side courtyard, fenced backyard, and prominent corner location with strong curb appeal possibilities. While the building requires renovation and improvements, it presents an excellent opportunity for investors, contractors, or developers seeking a project with substantial long-term potential. Ideal for portfolio expansion or repositioning strategy. Cash, hard money, or commercial financing only. Property sold strictly as-is. Incredible opportunity to add value and maximize returns.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
None, Electric
-
Heating YN
YES
-
Heating
Natural Gas, Radiant
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
On Street, Garage
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Corner Lot
-
Lot Size(square feet)
0.1
-
Property Type
Commercial Sale
Price
-
Sales Price
$429,900
-
Tax Amount
$10,785
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
4
-
New Construction
NO
-
Sewer
Public Sewer
-
Tax Lot
001
-
Water Source
Public
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Location
County
BALTIMORE CITY
Elementary School
Middle School
High School
Listing Courtesy of Deric S Beckett , Berkshire Hathaway HomeServices PenFed Realty
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AGENT
Kathy Tobery
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