$85,000
$100,000
15.0%For more information regarding the value of a property, please contact us for a free consultation.
2,160 SqFt
SOLD DATE : 10/18/2023
Key Details
Sold Price $85,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,160 sqft
Price per Sqft $39
Subdivision None Available
MLS Listing ID MDBA2093388
Sold Date 10/18/23
Originating Board BRIGHT
Year Built 1898
Annual Tax Amount $3,457
Tax Year 2021
Property Description
*INVESTOR ALERT* 1201 W Cross is a massive three-story, mixed use, end of group Triplex in the heart of Pigtown / Washington Village across from the new Whiting-Turner built culinary institute and a few blocks away from Ravens Stadium, Camden Yards, Horseshoe Casino, and the new entertainment district to include bars, restaurants, and Top Golf. Immediate + appreciation value. Currently commercial bar/tavern/restaurant on the ground floor and residential on the second and third. Standup, exterior access storage cellar. Previous 7-day liquor license. Complete renovation needed. Community approval for a 5-unit residential conversion or maintain as mixed use. Plans and scope of work available upon request. Proposed budget as a 5-unit rehab - 275k. Includes sprinkler system. Conservative ARV - 675k+. Unit breakdown: 1 ADA, 2 1 BD / 1 BA, 2 2 BD / 1 BA. Permitted as is for 2 residential dwelling units and 1 commercial space. **NOTE - FIRE DAMAGED - EXTERIOR PHOTOS FOR REFERENCE**
Location
State MD
County Baltimore City
Zoning R-8
Interior
Hot Water Natural Gas
Heating Radiator
Cooling None
Heat Source None
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0321030780 087
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Assumption, Conventional, FHA 203(k), Joint Venture, Negotiable, Private, Seller Financing
Listing Terms Cash, Assumption, Conventional, FHA 203(k), Joint Venture, Negotiable, Private, Seller Financing
Financing Cash,Assumption,Conventional,FHA 203(k),Joint Venture,Negotiable,Private,Seller Financing
Special Listing Condition Standard
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Bought with Mark Moyer • Douglas Realty, LLC
1619 Walnut St 4th FL, Philadelphia, PA, 19103, United States