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Listed by James Weiskerger • Next Step Realty

$2,000,000

Est. payment - /mo

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7,520 SqFt

Price Dropped by $400K

1516 LANCASTER STREET Baltimore, MD 21231

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Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 7,520 sqft

Price per Sqft $265

MLS Listing ID MDBA2161694

Style Other

Abv Grd Liv Area 7,520

Year Built 1920

Annual Tax Amount $1,920

Tax Year 2024

Property Sub-Type Detached

Source BRIGHT

Property Description

Incredible investment opportunity in the heart of Fells Point! This 9-unit multi-family property at 1516 Lancaster Street offers everything a savvy investor could want—high ROI potential, prime location, and rare amenities. Each unit features 1.5 or 2 bedrooms, and the building includes 9 dedicated parking spots, 9 storage units, and a detached garage—a true luxury in this area. With close proximity to the waterfront, restaurants, and nightlife, this turnkey property is perfectly positioned for strong rental income and long-term appreciation. Don't miss your chance to own a premier asset in one of Baltimore's most desirable neighborhoods.

Location

State MD

County Baltimore City

Zoning COMMERCIAL/RESIDENTIAL

Interior

Interior Features Dining Area

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Equipment Dryer, Oven/Range - Electric, Refrigerator, Washer

Fireplace N

Appliance Dryer, Oven/Range - Electric, Refrigerator, Washer

Heat Source Electric

Exterior

Water Access N

Roof Type Asphalt

Accessibility None

Garage N

Private Pool No

Building

Foundation Other

Above Ground Finished SqFt 7520

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0303071809 023

Ownership Other

SqFt Source 7520

Special Listing Condition Standard

NEARBY SCHOOL & BUSINESS

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1516 LANCASTER STREET Baltimore, MD 21231

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Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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1516 LANCASTER STREET