Property

Baltimore, MD 21201 205 W Madison Street

Pending
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Presented By: Berkshire Hathaway HomeServices Homesale Realty
  • MLS# MDBA2117952
  • 03/15/2024
  • Request Tour
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  • Beds • 25

Home Details

INCREDIBLE OPPORTUNITY IN THE HEART OF MOUNT VERNON! This is your chance to own an unbelievable piece of Baltimore history. This property is sure to be the crown jewel of your investment portfolio. This sale comprises of not just one but TWO buildings in the heart of the Mount Vernon Historic District at 205 W Madison St and 716 Park Ave. Both buildings combine for over 18,000 sq ft above grade, not including the basements. 205 W Madison is 11,440 sq ft above grade, 716 Park Ave is 6,600 sq ft above grade. Standing outside of the main building, you are in awe of its magnificence. The attention to detail that went into the brickwork and stone work on the exterior of the building is unlike any other building you have seen in recent memory. As you enter the grand double doors of the main building into the foyer, your eyes are immediately drawn to the many displays of craftsmanship from a world long ago. Beautiful murals and paintings, exquisite handrails and crown molding, and an incredible grand staircase. As you enter to your left, what was once a ballroom, dining room, or reception area is sure to leave you speechless. You are greeted by 14ft+ ceilings and a magnificent chandelier at the center of the room. You immediately feel like you are walking back 100 years into a completely different time and era. Take a stroll back into the main hall and past the grand staircase and you will notice the original service elevator to the building is still in place. A large, beautiful courtyard connects the two buildings from the rear. It is truly amazing how well many of the original features of this building have been preserved. Craftsmanship like this simply no longer exists. Both buildings currently have a combined 25 suites/rooms (28 if you include the basements), each complete with it's own bathroom and it's own heating/cooling system. Each room is cozy, comfortable, and a very good size. Many of them have their own living room areas in addition to bedroom and bathroom. This is is an incredible opportunity to bring this building back to its former grandeur. The neighborhood and the city has been buzzing about what's to come for this building, and everyone is so excited to see what the next owner has planned! This building could be converted back to a hotel, to a bed and breakfast, an apartment building, a rooming house, the possibilities are endless. Don't let this incredible once in a lifetime opportunity pass you by!
Presented By: Berkshire Hathaway HomeServices Homesale Realty

Interior Features for 205 W Madison Street

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceEstimated
BasementFull
Basement (Y/N)Yes
Central Air Y/NYes
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 205 W Madison Street

AccessibilityNone
Architectural StyleVictorian
Association Recreation FeeN
CityBALTIMORE
Construction MaterialsBrick
Cool FuelElectric
CoolingCentral A/C
CountyBALTIMORE CITY
Days on Market95
DirectionsOn W Madison St
Exterior FeaturesFire Escape, Gutter System
Garage Y/NNo
Heating90% Forced Air
Interior FeaturesCrown Moldings, Elevator, Double/Dual Staircase
Legal SubdivisionWard 11
Lot Size Square Feet2552.00
Lot Size UnitsSquare Feet
ModificationTimestamp2024-08-27T15:06:19
MunicipalityBaltimore City
New ConstructionNo
NumberOfUnitsTotal1
One Bedroom Units Count25
Other StructuresAbove Grade
Percent OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG91.46
Property SubTypeOther
Property TypeMulti-Family
School DistrictBALTIMORE CITY PUBLIC SCHOOLS
SewerPublic Sewer
Single Room Units Count0
Standard StatusPending
StatusPENDING
Structure TypeOther
Tax Annual Amount12284.0
Tax Assessed Value624633.0
Tax Lot028
Tax Year2023
Total SQFT18040
Two Bedroom0
Vacation Rental Y/NNo
Virtual TourClick here
Water Access Y/NNo
Waterfront Y/NNo
Year Built1880
Year Built SourceEstimated
ZoningOR-2

Exterior for 205 W Madison Street

Land Assessed Value89300.00
Land Use CodeC
Lot Size Acres0.06
Lot Size SourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Total Parking Spaces0
Type of ParkingNone
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Schools

Middle School N/A
High School N/A
Elementary School The Historic Samuel Coleridge-Taylor Elementary School

Derrick Sims

Associate
Price $1,650,000
MLS#MDBA2117952
List Date 03/15/2024
Property Type Pending
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