311 East Madison Street

311 East Madison Street

Baltimore, MD 21201

$1,199,000
Price
—
Beds
6,900 Sq. Ft.
$174 / Sq. Ft.
6,900
Sq. Ft.
$174
per Sq. Ft.
a front view of a building
a car parked in front of a building
a front view of a building and a street
a view of a house with a street
a view of a path along with the street
a view of entryway and hall with wooden floor
a balcony view with a couple of chairs
a view of balcony with couch
a view of balcony with furniture
a view of a room and dining room
a dining room with furniture a rug and kitchen view
a outdoor living space with furniture and a wooden floor
a kitchen with stainless steel appliances granite countertop a stove and a refrigerator
a dining room with furniture and wooden floor
a outdoor dining space with furniture and wooden floor
a view of a dining room with furniture and wooden floor
a dining room with furniture and wooden floor
a dining room with furniture and wooden floor
a view of entryway
a kitchen with granite countertop a sink cabinets and wooden floor
a bathroom with a sink a toilet and bathtub
a bedroom with a large bed and a chandelier
a bedroom with a bed and wooden floor
a bedroom with a bed a mirror on desk and a window
a bedroom with a bed and a chandelier
a living room with furniture and a flat screen tv
a bedroom with furniture and a window
a bedroom with furniture and wooden floor
a living room with furniture and a view of bedroom
a view of entryway
a view of staircase with lots of frames on wall and a dining table
a kitchen with stainless steel appliances granite countertop a stove and a refrigerator
a bathroom with a shower and a toilet
a bedroom with a bed and a large mirror on the dresser
a bedroom with a bed and a table in it
a bedroom with a bed and a flat screen tv
a living room with furniture and a flat screen tv
a view of a livingroom with furniture window and wooden floor
a living room with furniture and wooden floor
a living room with furniture
a living room with furniture and a fireplace

Description

New Listing Alert! 🏢💰 Turnkey mixed-use CASH COW available now! Zoned as an apartment hotel with SIX rentable units. THIS IS A COMMERCIAL BUILDING WITH HUGE redevelopment potential on a CONER LOT! Don't miss out on this lucrative deal! 🏦💼 #RealEstate #InvestmentOpportunity #CashCow Professional pictures coming soon! The current tenants in place for this investment opportunity include a retail restaurant/lounge on the 1st level. The restaurant/lounge has a long-term lease in place, providing a...New Listing Alert! 🏢💰 Turnkey mixed-use CASH COW available now! Zoned as an apartment hotel with SIX rentable units. THIS IS A COMMERCIAL BUILDING WITH HUGE redevelopment potential on a CONER LOT! Don't miss out on this lucrative deal! 🏦💼 #RealEstate #InvestmentOpportunity #CashCow Professional pictures coming soon! The current tenants in place for this investment opportunity include a retail restaurant/lounge on the 1st level. The restaurant/lounge has a long-term lease in place, providing a stable source of income. Additionally, there are six rentable units that generate revenue through a hybrid income ratio split between Airbnb, long-term leases, and the restaurant. This diverse mix of tenants ensures multiple streams of income for the property. 🍽️🏢💼 SOLD AS IS
  1. Listed by Christine M Oberhelman • RE/MAX Allegiance
    P: 7032163005 myrealtorchristine1@gmail.com

Property Details for 311 East Madison Street

Tax ID Number
0311100521 033
Ownership
Fee Simple
Structure Type
Other
Style
Traditional
Waterfront
No
Garage
No
Legal Subdivision
Ward 11
Municipality
BALTIMORE CITY

Location

Listing Courtesy of RE/MAX Allegiance
Add your commute
LISTING UPDATED: 04/23/2024 03:37 PM

Property Details for 311 East Madison Street

StatusActive
MLS #MDBA2122616
Days on Market14
Taxes$6,613 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1948
Lot Size0.06 AC / 2,744 SF
CountyBaltimore

Location

Listing Courtesy of RE/MAX Allegiance
Add your commute

Building Information for 311 East Madison Street

Stories-Residences4Year Built1948Building Size-Lot Size0.06 AC / 2,744 SF

Payment Calculator

$7,095 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,543

Property Taxes

$551

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 311 East Madison Street

Location
Location
  • In City Limits: Yes
  • Transportation: Bus Stop less than 1 mile, Metro/Subway Station less than 1 mile
  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS
  • School District County ID: 121137830454
  • SchoolDistrictSource: Listing Agent
  • 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: $258,800
  • Year Assessed: 2023
  • County Tax: $290
  • Improvement Assessed Value: $135,400
  • City Town Tax: $5,818
  • Land Assessed Value: $123,400
  • Zoning: 4-1
  • Tax Lot: 033
  • Automatically Update Tax Values Y/N: No
Unit Information
Unit Information
  • Single Room Units Count: 2
  • One Bedroom Units Count: 4
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Units Furnished: All
  • Units Leased Count: 7
Financial Information
Financial Information
  • Cap Rate: 9.14
  • Existing Lease Type: Triple Net, Month to Month, Yearly, Weekly
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 6,900.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Road Responsibility: City/County
  • Parcel ID: 12948219
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Northern Virginia Association of REALTORS
  • List Agent URL: www.ChristineO.com

Property History for 311 East Madison Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 311 East Madison Street

This home is within Baltimore City Public Schools.
Rating
School
Type
Grades
Distance
The Historic Samuel Coleridge-Taylor Elementary School
Public - PK to 5
Stadium School
Public - 6 to 8
Booker T. Washington Middle School
Public - 6 to 8
Vivien T. Thomas Medical Arts Academy
Public - 9 to 12
Rating
School
Distance
The Historic Samuel Coleridge-Taylor Elementary School
PublicPK to 5

Stadium School
Public6 to 8

Booker T. Washington Middle School
Public6 to 8

Vivien T. Thomas Medical Arts Academy
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.

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More information about 311 East Madison Street, Baltimore, MD 21201

311 East Madison Street is a multi-family home for sale in Baltimore, MD 21201. This property was listed for sale on April 23, 2024 by RE/MAX Allegiance, it's currently listed at $1,199,000. 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. 311 East Madison Street is a 0-bed, 0-bath, 6,900 sqft multi-family home built in 1948.

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 RE/MAX Allegiance

© 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 04/23/2024 03:37 PM