225 - 227 W Read St, Baltimore, MD 21201

$624,500
3,600
SqFt

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List Price
$624,500
Price Change
▼ $15,500 1784139669
Days on Market
167
Status
ACTIVE
MLS#
MDBA2204120
Living Area
3,600
Lot Size (Acres)
0.03
Style
Other
Year Built
1900
County
Baltimore City
School District
Baltimore City Public Schools

Property Description

Secure your future investment in Baltimore’s historic 21201 corridor with this well-maintained, income-producing mixed-use property. Featuring a stable commercial anchor and a premium residential unit, this is a rare opportunity for an investor seeking immediate ROI, rent, and zero vacancy at closing. The Commercial Suite is occupied by a long-term, established tenant. This street-level flexible space benefits from high visibility and consistent foot traffic, anchored by the dense population of the Mount Vernon/Downtown area. Upstairs: A spacious and modern 3-Bedroom, 2-Bathroom apartment. This isn't your average rental; it’s a high-demand, open-floor plan currently occupied by long-term residents. The property is close to the UMD Medical Center, the Penn Station light rail, and the city's cultural heart. The property is registered as 1 parcel and 3 stories. Unit 225 is the commercial ground level portion. Unit 227 is the residential space comprising the top 2 floors with a separate entrance. This opportunity offers true dual functionality.

Additional Information

Taxes
$9320
School District
Baltimore City Public Schools
Heating
Heat Pump(s)
Heating Fuel
Electric
Cooling
Central A/C
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Redfin Corp. Contact: 3016586186