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Ram Bala

ram.bala@kw.com +1(703) 403-5338

$ 1,300,000

Est. payment -/mo

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Active

316 N PACA ST Baltimore, MD 21201

4,725 SqFt

UPDATED:

09/23/2024 06:10 PM

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 4,725 sqft

Price per Sqft $275

Subdivision None Available

MLS Listing ID MDBA2140644

Style Other

Abv Grd Liv Area 4,725

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $9,779

Tax Year 2025

Property Description

**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.**

Location

State MD

County Baltimore City

Rooms

Basement Full

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type On Street

Garage N

Building

Foundation Other

Sewer Public Septic, Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0304030575 027

Ownership Other

Special Listing Condition Standard

Listed by Menachem M. Dalfin • Midfield Realty

Ram Bala

Agent | License ID: 0225064126

+1(703) 403-5338

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Ram Bala

Ram Bala

316 N PACA ST Baltimore, MD 21201

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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316 N PACA ST