Federal

523 N CHARLES STREET

BALTIMORE , MD 21201

MLS#: MDBA2181030

$600,000

Status: Active
Listing number: MDBA2181030
Listing provided by: Berkshire Hathaway HomeServices Homesale Realty
Listing agent phone: None
Last update: 2 days ago
Browse Properties
MOUNT VERNON PLACE HISTORIC DISTRICT - Residential Income

Property

Beds

2

Full Baths

None

1/2 Baths

None

Year Built

1900

Sq.Footage

6,775

Own a piece of Baltimore history in Mount Vernon, just a block away from the Washington Monument, the Baltimore Cathedral and the future home of the district court. With almost 6,000 finished square feet, this property is setup as 4 seperate units with parking for up to 6 vehicles (3 without tandem parking). This well maintained property is ready for its first new owner since the 1970’s. The main level is a beautiful gallery space, currently leased through the end of the year. The open space features hardwood floors, a half bathroom, air conditioning, and an office space, with direct access to the parking pad. The 2nd floor has been a meeting room for a private club since the 1930's. This unit offers hardwood floors, an office, a kitchenette, a half bathroom, and air conditioning. The third and fourth floors have been combined to create a 1650 square foot move in ready 2 bed, 2 bath apartment, complete with updated bathrooms and kitchen. The owner combined the 4th floor studio unit with the 3rd floor. The next owner could separate the two by just moving a door, making a 5 unit building to increase income. The finished lower level is being leased by the gallery as storage, but had been rented to a retail space in the past, with direct access from Charles Street. Each unit has its own water heater, electric meter, bathroom (full or half) and electric panel/ breaker box on each level. The large boiler in the sub-basement provides heat for the building and water is shared among the tenants. Mount Vernon is centrally located with lots of transportation (Penn Station offers Amtrak trains and express trains to DC), bike lanes, public parks, restaurants , bars, and nightlife, Mount Vernon is the cultural hub of Baltimore. Start your business or start earning rental income with this beautiful piece of Baltimore History.

Features & Amenities

Interior

  • Total Bedrooms

    2

  • Bathrooms

    N/A

  • Above Grade Finished Area

    6775.0

  • Cooling YN

    YES

  • Cooling

    Central Air, Window Unit(s), Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Radiant

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Off Street

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.07

  • Property Type

    Residential Income

  • Property Sub Type

    Townhouse

  • Architectural Style

    Federal

Price

  • Sales Price

    $600,000

  • Tax Amount

    9636.0

  • Sq. Footage

    6, 775

  • Price/SqFt

    $88

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Brick/Mortar

  • Sewer

    Public Sewer

  • Tax Lot

    032

  • Water Source

    Public

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Listing Courtesy of Mario V Valone , Berkshire Hathaway HomeServices Homesale Realty

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Own a piece of Baltimore history in Mount Vernon, just a block away from the Washington Monument, the Baltimore Cathedral and the future home of the district court. With almost 6,000 finished square feet, this property is setup as 4 seperate units with parking for up to 6 vehicles (3 without tandem parking). This well maintained property is ready for its first new owner since the 1970’s. The main level is a beautiful gallery space, currently leased through the end of the year. The open space features hardwood floors, a half bathroom, air conditioning, and an office space, with direct access to the parking pad. The 2nd floor has been a meeting room for a private club since the 1930's. This unit offers hardwood floors, an office, a kitchenette, a half bathroom, and air conditioning. The third and fourth floors have been combined to create a 1650 square foot move in ready 2 bed, 2 bath apartment, complete with updated bathrooms and kitchen. The owner combined the 4th floor studio unit with the 3rd floor. The next owner could separate the two by just moving a door, making a 5 unit building to increase income. The finished lower level is being leased by the gallery as storage, but had been rented to a retail space in the past, with direct access from Charles Street. Each unit has its own water heater, electric meter, bathroom (full or half) and electric panel/ breaker box on each level. The large boiler in the sub-basement provides heat for the building and water is shared among the tenants. Mount Vernon is centrally located with lots of transportation (Penn Station offers Amtrak trains and express trains to DC), bike lanes, public parks, restaurants , bars, and nightlife, Mount Vernon is the cultural hub of Baltimore. Start your business or start earning rental income with this beautiful piece of Baltimore History.

523 N CHARLES STREET

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