$230,000
$239,900
4.1%For more information regarding the value of a property, please contact us for a free consultation.
1106 HOLLINS ST Baltimore, MD 21223
1,605 SqFt
Key Details
Sold Price $230,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 1,605 sqft
Price per Sqft $143
Subdivision Hollins Market
MLS Listing ID MDBA2129484
Sold Date 10/10/24
Originating Board BRIGHT
Year Built 1880
Annual Tax Amount $2,978
Tax Year 2024
Lot Size 661 Sqft
Acres 0.02
Property Description
Prime Investment Opportunity in Vibrant Hollins Market! Welcome to a charming, fully-leased 3-unit property situated in the heart of Baltimore’s rapidly revitalizing Hollins Market neighborhood. This unique property comprises a cozy efficiency apartment and a spacious 2-bedroom, 1-bathroom unit, alongside a commercial space currently operating as an art gallery. With the efficiency apartment and commercial space already generating rental income, and the 2-bedroom apartment rental-ready, this property is an excellent investment opportunity.
Located directly across from the soon-to-reopen Hollins Market, which is undergoing a major renovation set to conclude in just a few weeks, this property offers prime access to the renewed energy and business activity in the area. The neighborhood is experiencing significant growth with a surge of new businesses, eateries, and cultural attractions, making it an up-and-coming hotspot.
This investment promises not only immediate income but also long-term value as the area continues to develop. The commercial space is versatile, ideal for various business ventures or to continue its current use as an art gallery, benefitting from high visibility and foot traffic. Embrace the blend of historic charm and modern convenience in a community poised for transformation and seize the opportunity while property prices remain reasonable. Don’t miss out—contact us today to explore the potential of this dynamic property in Hollins Market!
Location
State MD
County Baltimore City
Zoning C-1
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Flooring Tile/Brick, Carpet, Luxury Vinyl Plank
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0318060217 049
Ownership Ground Rent
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Chris Kouimanis • Century 21 Downtown
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