38 25Th StBaltimore, MD 21218

Property Details for 38 25Th St

Year built

1900

Construction

BRICK

Lot size

0.07 AC

Property size (Sq ft)

7,290 SF

Zone code

C-1

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

12-03-3831 -034

APU

12033831034

Description

This exceptional investment opportunity presents two attached mixed-use buildings situated on a prime corner lot in Baltimore's desirable Charles Village neighborhood. The property boasts a total of 9,755 square feet and comprises seven self-contained units, offering a compelling blend of residential and commercial space. The buildings, constructed in 1900 and renovated in 2005, feature three stories each and sit on a 0.074-acre lot zoned C-1. The substantial net operating income (NOI) of $62,314 translates to an attractive 6.26% capitalization rate at the asking price of $995,000. The commercial spaces, totaling approximately 2,000 square feet, present significant upside potential. Previous uses include a liquor store, bar, and a large eat-in deli, highlighting the versatility of these spaces. The office suite includes a full bath, and most of the residential units are two-bedroom apartments with two full bathrooms. A large, unfinished basement (2000+ sq ft) offers additional expansion possibilities. This property's high visibility on two busy thoroughfares ensures strong tenant occupancy and significant rental income. This is a rare chance to acquire a well-maintained multifamily property with substantial commercial potential in a highly sought-after Baltimore location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,571,892

  6.5%

  $1,450,978

  7%

  $1,347,336

• Comparable approach

  Method

  Valuation

  Relative Method

  $458,614

  Geo Method

  $458,614

• Alternative Use

  Use

  Valuation

  Residential

  $1,799,212

  Hospitality

  $1,648,069

  Educational

  $1,371,174

  Medical

  $1,418,331

  Retail

  $2,132,937

Location Insight

City

Baltimore

County

Baltimore City

State

Maryland

Latitude

39.3182

Longitude

-76.6156

CBSA code

12580

CBSA name

BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].