1014 S Charles St, BALTIMORE

$425,000

6 Beds
4 Baths
5,100 Sqft
.04 Acres
1 Garages

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 ofFederal 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 approximately5,100 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 beseparately 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.

Essential Information
MLS® #MDBA2145776
Price$425,000
Bedrooms6
Bathrooms4.00
Full Baths4
Square Footage5,100
Acres0.04
Year Built1920
TypeResidential
Sub-TypeInterior Row/Townhouse
StyleTraditional
StatusPending
Community Information
Address1014 S Charles St
SubdivisionFEDERAL HILL HISTORIC DISTRICT
CityBALTIMORE
CountyBALTIMORE CITY-MD
StateMD
MunicipalityBaltimore City
Zip Code21230
Amenities
# of Garages1
GaragesGarage - Rear Entry
Interior
HeatingForced Air
CoolingCentral A/C
# of Stories3
Stories3
Exterior
ExteriorBrick and Siding
FoundationOther
School Information
DistrictBALTIMORE CITY PUBLIC SCHOOLS
Additional Information
ZoningC-1
Listing Details
OfficeAshland Auction Group LLC
Office Contact4104883124
Property History
Status Changed from Active to Pending
LISTING MAP

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Listing information last updated on December 30th, 2024 at 12:45pm EST.

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