205 West Madison Street

Baltimore, MD 21201

$1,650,000
Price
Beds
18,040 Sq. Ft.
$91 / Sq. Ft.
18,040
Sq. Ft.
$91
per Sq. Ft.

Description

Incredible opportunity in the heart of mount vernon! This is your chance to own an unbelievable piece of Baltimore history. This property is sure to be the crown jewel of your investment portfolio. This sale comprises of not just one but TWO buildings in the heart of the Mount Vernon Historic District at 205 W Madison St and 716 Park Ave. Both buildings combine for over 18,000 sq ft above grade, not including the basements. 205 W Madison is 11,440 sq ft above grade, 716 Park Ave is 6,600 sq ft above...Incredible opportunity in the heart of mount vernon! This is your chance to own an unbelievable piece of Baltimore history. This property is sure to be the crown jewel of your investment portfolio. This sale comprises of not just one but TWO buildings in the heart of the Mount Vernon Historic District at 205 W Madison St and 716 Park Ave. Both buildings combine for over 18,000 sq ft above grade, not including the basements. 205 W Madison is 11,440 sq ft above grade, 716 Park Ave is 6,600 sq ft above grade. Standing outside of the main building, you are in awe of its magnificence. The attention to detail that went into the brickwork and stone work on the exterior of the building is unlike any other building you have seen in recent memory. As you enter the grand double doors of the main building into the foyer, your eyes are immediately drawn to the many displays of craftsmanship from a world long ago. Beautiful murals and paintings, exquisite handrails and crown molding, and an incredible grand staircase. As you enter to your left, what was once a ballroom, dining room, or reception area is sure to leave you speechless. You are greeted by 14ft+ ceilings and a magnificent chandelier at the center of the room. You immediately feel like you are walking back 100 years into a completely different time and era. Take a stroll back into the main hall and past the grand staircase and you will notice the original service elevator to the building is still in place. A large, beautiful courtyard connects the two buildings from the rear. It is truly amazing how well many of the original features of this building have been preserved. Craftsmanship like this simply no longer exists. Both buildings currently have a combined 25 suites/rooms (28 if you include the basements), each complete with it's own bathroom and it's own heating/cooling system. Each room is cozy, comfortable, and a very good size. Many of them have their own living room areas in addition to bedroom and bathroom. This is is an incredible opportunity to bring this building back to its former grandeur. The neighborhood and the city has been buzzing about what's to come for this building, and everyone is so excited to see what the next owner has planned! This building could be converted back to a hotel, to a bed and breakfast, an apartment building, a rooming house, the possibilities are endless. Don't let this incredible once in a lifetime opportunity pass you by!
  1. Listed by Francis Kraus • Berkshire Hathaway HomeServices Homesale Realty
    P: 4439021350 frank@mdsold.com

Property Details for 205 West Madison Street

Tax ID Number
0311100522 028
Ownership
Fee Simple
Structure Type
Other
Style
Victorian
Waterfront
No
Garage
No
Legal Subdivision
Ward 11
Municipality
Baltimore City

Location

Listing Courtesy of Berkshire Hathaway HomeServices Homesale Realty
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LISTING UPDATED: 04/20/2024 12:00 AM

Property Details for 205 West Madison Street

StatusActive
MLS #MDBA2117952
Days on Market47
Taxes$12,284 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1880
Lot Size0.06 AC / 2,552 SF
CountyBaltimore

Location

Listing Courtesy of Berkshire Hathaway HomeServices Homesale Realty
Add your commute

Building Information for 205 West Madison Street

Stories-Residences1Year Built1880Building Size-Lot Size0.06 AC / 2,552 SF

Payment Calculator

$10,028 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,005

Property Taxes

$1,024

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 205 West Madison Street

Location
Location
  • In City Limits: Yes
  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS
  • School District County ID: 121137830454
  • SchoolDistrictSource: 3rd Party
  • Elementary School: THE HISTORIC SAMUEL COLERIDGE-TAYLOR (BALTIMORE CITY MD)
  • ElementarySchoolSource: 3rd Party
  • County: BALTIMORE CITY
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $624,633
  • Year Assessed: 2023
  • County Tax: $583
  • Improvement Assessed Value: $743,600
  • City Town Tax: $11,701
  • Land Assessed Value: $89,300
  • Clean Green Assessed: No
  • Land Use Code: C
  • Zoning: OR-2
  • Tax Lot: 028
  • Automatically Update Tax Values Y/N: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 25
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
Building Info
Building Info
  • Building Units Total: 1
  • Total Finished SQFT: 18,040.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Parcel ID: 12948251
Parking
Parking
  • Type Of Parking: None
Interior Features
Interior Features
  • Interior Features: Crown Moldings, Elevator, Double/Dual Staircase
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Exterior Features: Fire Escape, Gutter System
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: 90% Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer

Property History for 205 West Madison Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 205 West Madison Street

Taxable ValueLand-Additions-Total-
Tax Record2023$14,741 ($1,228 / month)
Home Facts
Total Finished SqFt11,440 SqFtAbove Grade Finished SqFt11,440 SqFtStories5Lot Size2,552 SqFtStyleHotel / MotelYear Built1880ZoningOR-2CountyBALTIMORE CITYAPN11-10-0522 -028

Schools near 205 West Madison Street

This home is within Baltimore City Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Stadium School
Public6 to 8

Booker T. Washington Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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205 West Madison Street is a multi-family home for sale in Baltimore, MD 21201. This property was listed for sale on March 15, 2024 by Berkshire Hathaway HomeServices Homesale Realty, it's currently listed at $1,650,000. This listing's school district is Baltimore City Public Schools. Nearby schools include The Historic Samuel Coleridge-Taylor Elementary School, Stadium School and Booker T. Washington Middle School. 205 West Madison Street is a 0-bed, 0-bath, 18,040 sqft multi-family home built in 1880.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeServices Homesale Realty

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 04/20/2024 12:00 AM