$1,300,000
Active
6 Days Online
0 Beds0 Baths4,725 SQFT
Active

316 N Paca Street Baltimore, MD 21201

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**Submit an Offer - This post needs to include the ideal asking price, but the property is open to offers.** Situated in the heart of Baltimore, 316 N Paca St is a three-story multi-family building offering an outstanding investment opportunity. It is within walking distance to major institutions like the University of Maryland and a short drive from other major universities such as Johns Hopkins University and MICA. The property is also near major employers, including prominent healthcare facilities such as the University of Maryland Medical Center and Mercy Medical Center. Residents can enjoy shopping at the historic Lexington Market, as well as a variety of retail and dining options at Harborplace & The Gallery and The Shops at Canton Crossing. The property is also well-connected, with quick access to Interstate 95 (I-95) and Interstate 83 (I-83). Additionally, it is only a few blocks away from Oriole Park at Camden Yards and M&T Bank Stadium, the homes of the Baltimore Orioles and the Baltimore Ravens, respectively. The building features four studios, three 1-bedroom, 1-bathroom units, and one 2-bedroom, 1-bathroom unit, with the potential to increase rents by 22%. The proximity to major entertainment venues boosts demand for rental properties, leading to higher occupancy rates and rental income. Additionally, properties in such desirable locations often experience appreciation in value over time, presenting opportunities for capital gains for investors. **Submit an Offer - This post needs to include the ideal asking price, but the property is open to offers.**

  • Property TypeMulti-Family
  • NeighborhoodNone Available
  • CountyBaltimore City
  • Taxes$9,779
  • HOA/Condo/Coop Fees$0
  • Days on Site5 Days
  • MLS StatusActive
  • MLS ID NumberMDBA2140644
  • Home Size Source Assessor
  • Year Built1900
  • Lot Size Acres
  • Full BathsN/A
  • Partial BathsN/A

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Recent Activity For 316 N Paca Street Baltimore, MD 21201

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General Features

  • Style Other
  • Construction Brick
  • Parking On Street
  • Sewer Septic TankPublic Sewer
  • Basement Full
  • Water Public
  • Attached Garage No
  • Foundation Other
  • Zoning 0

Interior Features

  • Cooling Central A/ CNatural Gas
  • Heating Forced AirNatural Gas
  • Fireplace No

Exterior Features

  • Spa No
  • Waterfront Property No

Schools

School District
BALTIMORE CITY PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$6,289
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