1,615 Sqft Lot
1,615 Sqft Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Subdivision Charles Village
MLS Listing ID MDBA2216980
Year Built 1900
Annual Tax Amount $7,349
Tax Year 2025
Lot Size 1,615 Sqft
Acres 0.04
Lot Dimensions 16'8\" x 95'
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Priced at $79,167 per unit and $152 per square foot, the offering presents a lower-basis entry point into one of North Baltimore's most recognizable mixed-use corridors. Current operations project a 9.20% cap rate and 10.4% cash-on-cash return at market rents, supported by residential demand and commercial visibility along 25th Street.
The residential component consists of two one-bedroom apartments and two studio apartments. Kitchens feature laminate counters, wood cabinetry, stainless steel sinks, 30-inch electric ranges, and built-in microwaves. Bathrooms include modern vanities, steel tubs, and ceramic tile surrounds. The one-bedroom apartments each include stacked washers and dryers.
The commercial suites offer flexible layouts suited for office, retail, studio, or service-oriented users. Suite 101 features hardwood flooring, while the lower-level suite has laminate flooring. Each commercial suite is tenant fit-out and includes a half-bath.
The building is configured as an all-electric asset with separate systems serving the residential and commercial spaces. Each unit and suite has an individual electric heat pump with central air conditioning and its own electric water heater. Seven electric meters serve the property. The landlord currently pays public service electric and water and sewer, with potential to implement water bill-back practices to improve operating efficiency.
Positioned along Baltimore City's 25th Street corridor—known as part of the city's “Black Wall Street” commercial district—30 East 25th benefits from steady pedestrian activity, neighborhood retail, and strong visibility. Johns Hopkins University's Homewood Campus sits approximately five blocks north, supporting residential leasing demand and neighborhood activity. The property carries a Walk Score of 96, Transit Score of 80, and Bike Score of 85, supporting both residential and commercial tenancy.
Location
State MD
County Baltimore City
Zoning C-1
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Inclusions 4 electric ranges, 4 built-in microwaves
Heat Source Electric
Exterior
Water Access N
Roof Type Rubber,Flat
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0312033831 030
Ownership Fee Simple
Special Listing Condition Standard
Nearby Locations
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