MD > Baltimore > Federal Hill Historic District
Baltimore, MD 21230,1014 S CHARLES ST
Baltimore, MD 21230,1014 S CHARLES ST
Baltimore, MD 21230,1014 S CHARLES ST
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Simone Velvel

Simone Velvel

+1(703) 507-7614
$425,000
Est. payment /mo
6 Beds
4 Baths
5,100 SqFt
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UPDATED:

11/20/2024 07:15 PM

Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 5,100 sqft

Price per Sqft $83

Subdivision Federal Hill Historic District

MLS Listing ID MDBA2145776

Style Traditional

Bedrooms 6

Full Baths 4

HOA Y/N N

Abv Grd Liv Area 5,100

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $10,120

Tax Year 2024

Lot Size 1,845 Sqft

Acres 0.04

Lot Dimensions 15X123

Property Description

ONLINE AUCTION: Bidding Begins 12/11/24 @ 10:00 AM, bidding ends 12/13/24 at 11:30 AM. List Price is Suggested Opening Bid. Deposit: $50,000. Deposit must increase to 10% of total purchase price within 72 hours.

Investment opportunity in the heart of Federal Hill! This 3-story townhouse is situated in one of Baltimore’s most vibrant neighborhoods, offering unparalleled convenience and accessibility. Located just minutes from popular attractions like the Cross Street Market, M&T Bank Stadium, and Oriole Park at Camden Yards, this property is perfect for investors looking to capitalize on a prime location. Enjoy easy access to S Hanover St, a major traffic artery, ensuring seamless connections to surrounding areas and commuter routes.

The property features an unfinished interior with significant construction progress, including framed structures for future commercial and residential spaces. The spacious layout, encompassing approximately 5,100 square feet above grade, has the potential to accommodate a variety of design possibilities. Additionally, the property is believed to include space for a +/- 2-car garage, making it an attractive option for businesses or residents needing secure parking in a bustling urban setting.

Unit Breakdown:

First Floor: Designed for a commercial space and (1) efficiency unit.
Second Floor: Planned for (1) two-bedroom, one-bathroom unit, and (1) one-bedroom, one-bathroom unit.
Third Floor: Configured for (1) two-bedroom, one-bathroom unit, and (1) one-bedroom, one-bathroom unit.

Total Residential Units: 5 units, including (2) one-bedroom units, (2) two-bedroom units, and (1) efficiency unit. Conceptual plans call for all units to be separately metered, enhancing tenant management and billing.

Projected Monthly Rental Income:

Two-Bedroom Units: $2,000 per month, per unit
One-Bedroom Units: $1,500 per month, per unit
Efficiency Unit: $1,000 per month
Commercial Space: $3,000 per month
Total Gross Projected Market Rents: Approximately $11,000 per month, including the commercial space.

Location

State MD

County Baltimore City

Zoning C-1

Rooms

Other Rooms Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 1, Efficiency (Additional), Commercial/Retail Space, Bedroom 6, Full Bath

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Exterior

Garage Garage - Rear Entry

Garage Spaces 1.0

Water Access N

Accessibility None

Attached Garage 1

Total Parking Spaces 1

Garage Y

Building

Story 3

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories 3

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Baltimore City Public Schools

Others

Senior Community No

Tax ID 0323030933 003

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Auction

Read Less Info
Bright MLS (BMLS)
Listed by Adam M Shpritz • Ashland Auction Group LLC
agent-avatar

"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "

+1(703) 507-7614

simone@thevelvelgroup.com

11003 Glueck Lane, Kensington, Maryland, 20895, USA

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1014 S CHARLES ST

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