200 W Lorraine Ave, Baltimore, MD 21211

Property Description

FULL GUT-REHAB OPPORTUNITY IN REMINGTON! Offered at just $200,000—only $50,000 per proposed unit and $109 per square foot—this 1,834-square-foot corner property offers the potential to create four modern apartments. Situated at Howard Street and West Lorraine Avenue, the building features two above-grade floors, a full unfinished basement and areas formerly used for residential and commercial purposes. Windows along multiple elevations allow for abundant natural light and flexible apartment layouts. Located directly across from Sweet 27, 1.5 blocks from R. House, two blocks from Wyman Park Dell and four blocks from Johns Hopkins University’s Homewood Campus. Walk Score 96, Transit Score 78 and Bike Score 89. Remington has benefited from more than $70 million in investment along Remington Avenue, adding over 100 apartments, restaurants, retail and popular destinations including Remington Row and R. House. Property requires complete renovation and is being sold as-is. Existing systems include one electric meter, one gas meter, a gas-fired boiler and a gas-fired water heater; operating condition is unknown. An abandoned 275-gallon oil tank remains in the basement. See our proforma in the Documents tab.