MD > Baltimore
Baltimore, MD 21230,1440 LIGHT ST
Baltimore, MD 21230,1440 LIGHT ST
Baltimore, MD 21230,1440 LIGHT ST
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Rosegate NMLS 2082961

Rosegate NMLS 2082961

+1(704) 237-0636
Listed by Aviva S. Karpe • Cummings & Co. Realtors
$1,900,000
Est. payment /mo
5,205 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID MDBA2172958

Year Built 1952

Annual Tax Amount $6,595

Tax Year 2024

Lot Size 5,205 Sqft

Acres 0.12

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Endless development and investment opportunities exist with this primely located Federal Hill end cap and its adjoining residential rowhome. A combined 11,900 plus square feet of space and over 5,000 square feet of land mass are ideal for the starter investor to the dreaming developer. Currently the buildings are owner occupied and have a CAP rate of 7. C -1 Zoning has a myriad of permitted and conditional uses. Lift the roofline and build to 68 feet high; yielding an additional 2-3 stories of income producing space. Loan programs with as little as 10 percent down are available. Please contact the listing agent with all inquiries and tour requests. Buyer to verify all zoning and uses with the city of Baltimore. CAP rate based on full occupancy of existing buildings.

Location

State MD

County Baltimore City

Zoning C-1

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling None

Flooring Wood, Concrete

Heat Source Natural Gas

Exterior

Garage Spaces 3.0

Water Access N

View City

Roof Type Flat

Accessibility None

Total Parking Spaces 3

Garage N

Building

Lot Description Corner, Level

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0323120996 008

Ownership Fee Simple

Acceptable Financing Cash, Bank Portfolio, Joint Venture, Private, Conventional

Listing Terms Cash, Bank Portfolio, Joint Venture, Private, Conventional

Financing Cash,Bank Portfolio,Joint Venture,Private,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)

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Rosegate NMLS 2082961

Rosegate NMLS 2082961

+1(704) 237-0636

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