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About the Listing SAMP20 - 3239557
Investor Special: Unlock the potential of this prime Baltimore property at 1849 E. 29th Street, in the heart of a thriving neighborhood near Lake Montebello, Clifton Park, Morgan State University, and Northwood Commons. This mixed-use building features two spacious residential apartments (3BR/1BA and 2BR/1BA) and three storefronts. The apartments are near completion but require final updates, while the storefronts are unfinished and ready for customization. This is an exceptional opportunity for investors or owner-operators to generate steady rental income or establish a business presence. Before closing, and in accordance with receivership terms, the buyer must submit a renovation plan. The plan should outline proposed improvements and include a scope of work prepared by a licensed Maryland contractor, with a breakdown of repairs or upgrades needed to meet Use and Occupancy requirements, along with an estimated project timeline and budget. Buyers must also provide documentation confirming financial capacity to complete the work. Acceptable proof includes a bank verification letter, a financial statement, or an account summary showing sufficient funds to complete the renovation as described.
Listing Highlights for 1849 E 29th St
Status
Active
Days on Site
31
Property Type
Commercial Sale
MLS ®
MDBA2186246
Year Built
1920
Total Square Footage
4,283
Lot/Acreage
0.06
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Zoning: R-6
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $1,075
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
1849 E 29th St Baltimore, MD 21218
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