1516 LANCASTER STREET, Baltimore, MD 21231
1516 LANCASTER STREET, Baltimore, MD 21231
1516 LANCASTER STREET, Baltimore, MD 21231
1516 LANCASTER STREET, Baltimore, MD 21231
1516 LANCASTER STREET, Baltimore, MD 21231
1516 LANCASTER STREET, Baltimore, MD 21231
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Listed by James Weiskerger • Next Step Realty
$ 2,000,000
Est. payment | /mo

7,520 SqFt


Save
$ 2,000,000
Est. payment | /mo
Save

7,520 SqFt

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Under Contract

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

Bright MLS (BMLS)

Nearby Locations

Charles C. Heyward, Jr.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(240) 255-9027

charles@heywardhomes.com

16701 Melford Blvd, Ste 100, Bowie, MD 20715

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1516 LANCASTER STREET