27 South Gay Street
27 South Gay Street
$625,000
—
4,117
4,117
$152
Pending
Description
FIRE SALE 1.5 blocks from the National Aquarium and close to the bustling Inner Harbour. The property has drawings, permit set ready to go! Estimates can be sent (600k estimate in writing done). Water flow test already done. The property has a tax credit over the course of 10 years already approved, locking in a $300k value of property tax. There is a great tenant lined up at 17k a month starting the day construction is complete almost triple net. Tenant pays all expenses except the low taxes. Insane...FIRE SALE 1.5 blocks from the National Aquarium and close to the bustling Inner Harbour. The property has drawings, permit set ready to go! Estimates can be sent (600k estimate in writing done). Water flow test already done. The property has a tax credit over the course of 10 years already approved, locking in a $300k value of property tax. There is a great tenant lined up at 17k a month starting the day construction is complete almost triple net. Tenant pays all expenses except the low taxes. Insane high % cap rate and much of the legwork completed for a lucky investor. The building has been newly renovated (completed in 2006), now vacant and gutted ready to be built with your already approved drawings. Features over 9'6" ceiling height with clear span area on each floor, front and rear staircases, new roof 2005 along with roofing. Cross-posted MLS# MDBA2097820
- Listed by Sarah K Martinez • Real Broker, LLCP: 3012197498 kim@dmvliving.com
Property Details for 27 South Gay Street
Tax ID Number
0304111351 017
OwnershipFee Simple
Structure TypeOther
StyleFederal
WaterfrontNo
GarageNo
Legal SubdivisionWard 4
MunicipalityBaltimore City
Location
LISTING UPDATED: 04/24/2024 08:02 PM
Property Details for 27 South Gay Street
Status | Pending |
---|---|
MLS # | MDBA2099372 |
Days on Market | 221 |
Taxes | $6,622 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1906 |
Lot Size | 0.05 AC / 2,172 SF |
County | Baltimore |
Location
Building Information for 27 South Gay Street
Stories-Residences1Year Built1906Building Size-Lot Size0.05 AC / 2,172 SF
Payment Calculator
$3,963 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 27 South Gay Street
Property History for 27 South Gay Street
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 27 South Gay Street
Taxable ValueLand$108,600Additions$172,000Total$280,600
Tax Record2023$6,622 ($552 / month)
Home Facts
Total Finished SqFt4,117 SqFtAbove Grade Finished SqFt4,117 SqFtStories3Lot Size2,172 SqFtStyleOffice BuildingYear Built1906ZoningC-5TOCountyBALTIMORE CITYAPN04-11-1351 -017
Schools near 27 South Gay Street
This home is within Baltimore City Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Charter - | PK to 8 | |||
Public - | 6 to 8 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
City Springs Elementary School CharterPK to 8 | ||
Booker T. Washington Middle School Public6 to 8 | ||
Stadium School Public6 to 8 | ||
Digital Harbor High School Public9 to 12 |
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.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.