UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDBA2164722
Year Built 1920
Annual Tax Amount $25,217
Tax Year 2024
Lot Size 5,049 Sqft
Acres 0.12
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
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 R-8
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Heat Source Electric
Exterior
Water Access N
Roof Type Asphalt
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0303071809 023
Ownership Fee Simple
Special Listing Condition Standard
Nearby Locations
"Jon's passion for real estate and his love for Virginia are a perfect match. He has made it his mission to help local residents sell their homes quickly and at the best possible prices. Equally, he takes immense pride in assisting homebuyers in finding their perfect piece of paradise in Virginia."
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