Property

Baltimore, MD 21218 28 E 25Th Street

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Presented By: Ben Frederick Realty, Inc.
  • MLS# MDBA2123120
  • 04/25/2024
  • Request Tour
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  • SQFT • 3,723

Home Details

Join the Resurgence of 25th Street, Dubbed The Black Wall Street of Baltimore by the Baltimore Sun. Deceptively Large Rowhome in Charles Village: Provides 3,135 Square Feet Gross Living Area Plus Usable Basement Space. Upside Potential to Improve Residential Kitchens and Baths to Achieve Higher Rental Rates. Zoned C-1, The Property Provides Versatility, Allowing Owners to Change Uses from Residential to Commercial as They Desire. The apartments on the second and third floors are plus-sized 1-bedrooms. This interior rowhome boasts large windows on both the north and south walls, with a southern-facing bay window providing bonus natural light. Generous room sizes are accentuated by hardwood floors throughout most of the living spaces. Kitchens have either an 30 electric or gas range, wood cabinets, laminate counters and laminate flooring. The 2nd floor apartment has a porcelain sink top; the 3rd floor has a stainless sink. Bathrooms have modern vanities, cast iron tubs with ceramic tile tub-surrounds. Upgrading kitchens and bathrooms would significantly improve monthly rents. The commercial suites are built-out and upgraded by the Tenants to meet the needs of the Tenants use. The first floor provides medical training and has been home to Phylis Angels Training Center since 2017, with classrooms and training stations. Wall-to-wall carpeting throughout, with a modern half bath and private office in the rear. The terrace retail suite has seen major improvements in the last few years, with new drywall walls and ceilings, recessed lighting, LVP flooring and improved half-bath. The very rear of the terrace is home to the utilities and provides the tenant with additional storage space. Inside this Charles Village Mixed-Use, the apartments are heated by a central Repco 275,00 BTU hot water radiator heating system; radiant heating serves the terrace store. The landlord does pay for the gas heat; a savvy owner could pass this through to tenants, improving cash flow. The 1st floor commercial tenant has their own heat pump with central air. A central 40-gallon gas-fired water heater supplies hot water to all units. Each unit has its own electric meter and pays their own electric. Two gas meters serve the property, one public service and the other presumed for Apartment 2. BGE is not actively billing the owner for natural gas usage. All interior water supply pipes are copper or C-PVC, with a copper water main. All observable interior water drain lines are copper or steel. The landlord currently pays for water. The Charles Village 25th Street corridor has been dubbed the Black Wall Street of Baltimore by the Baltimore Sun. Its numerous clothing retailers, art shops, and beauty stores has made it a fashion destination in Baltimore City. Commercial tenants enjoy the high visibility and walking traffic this location brings. Residential tenants enjoy the close proximity to various restaurants, art venues, and stores. Johns Hopkins, the citys #1 employer, has its Homewood Campus just five blocks north. The central location in Baltimore gives residents a quick commute to downtown Baltimore or a short drive to I-83 for a drive to Baltimore County. The Maryland Avenue CycleTrack is one block away for bike commuters. 28 East 25th Street is designated a Walkers Paradise with a Walk Score of 95; a Transit Score of 80; and a Bike Score of 85.
Presented By: Ben Frederick Realty, Inc.

Interior Features for 28 E 25Th Street

Other Interior Features

Central Air Y/NYes
Heating FuelNatural Gas, Electric
Heating Y/NYes
Hot WaterNatural Gas

General for 28 E 25Th Street

AccessibilityNone
Business TypeApartment Building, Professional, Other/General Retail
Buyer Agent Compensation3
Buyer Agent Compensation Type% Of Gross
CityBALTIMORE
Construction MaterialsBrick
Cool FuelElectric
CoolingCentral A/C, Window Unit(s)
CountyBALTIMORE CITY
Days on Market57
DirectionsGPS
DisclosuresProp Disclaimer, Lead Based Paint - State
ExclusionsTenant possessions' excluded
HeatingHeat Pump(s), Radiant, Radiator
Legal SubdivisionWard 12
Lot Size Square Feet1596.00
Lot Size UnitsSquare Feet
ModificationTimestamp2024-05-01T17:51:40
MunicipalityBaltimore City
New ConstructionNo
NumberOfUnitsTotal4
Percent OwnershipFee Simple
PossessionSettlement, Subject to Existing Lease
Price Per Sq Ft Total AG126.0
Property SubTypeMixed Use
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameCHARLES VILLAGE
Tax Annual Amount5024.0
Tax Assessed Value212867.0
Tax Lot029
Tax Year2023
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1900
Year Built SourceEstimated
ZoningC-1
Zoning DescriptionLicensed for 2 Dwelling Units and 2 Stores

Exterior for 28 E 25Th Street

Building Area Total3135.00
Car Parking Spaces2
Foundation DetailsBrick/Mortar
Land Assessed Value71800.00
Land Use CodeC
Lot Size Acres0.04
Lot Size SourceEstimated
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces2
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Jonathan Damas

Associate
Price $395,000
MLS#MDBA2123120
List Date 04/25/2024
Property Type Commercial
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