This property is conveniently located near Mt. Vernon in a bustling downtown Baltimore location. The property has easy access to many Baltimore City neighborhoods such as Mount Vernon, Bromo Arts District, Downtown Baltimore, the Central Business District, and the Inner Harbor. In addition the property is located just steps away from the Royal Farms Arena, University of Maryland Medical Campus and graduate schools, and Camden Yards. The downtown location offers easy access to 295, 395, and other major Baltimore City thoroughfares. 119 - 121 W Saratoga St. presents an excellent opportunity for a real estate investor or developer to add significant value to an existing, and partially occupied, 13-unit mixed-use building. The property features 11 one-bedroom units and 2-retail units. All tenants are currently on month-to-month leases which allows for investors/developers to make renovations immediately upon closing. The property may have the potential for historic and CHAP property tax credits. Units feature open layouts. Same ownership for over 30-years.
This property is conveniently located near Mt. Vernon in a bustling downtown Baltimore location. The property has easy access to many Baltimore City neighborhoods such as Mount Vernon, Bromo Arts District, Downtown Baltimore, the Central Business District, and the Inner Harbor. In addition the property is located just steps away from the Royal Farms Arena, University of Maryland Medical Campus and graduate schools, and Camden Yards. The downtown location offers easy access to 295, 395, and other major Baltimore City thoroughfares. 119 - 121 W Saratoga St. presents an excellent opportunity for a real estate investor or developer to add significant value to an existing, and partially occupied, 13-unit mixed-use building. The property features 11 one-bedroom units and 2-retail units. All tenants are currently on month-to-month leases which allows for investors/developers to make renovations immediately upon closing. The property may have the potential for historic and CHAP property tax credits. Units feature open layouts. Same ownership for over 30-years.
