1516 Lancaster St - Apartments FOR SALE


Baltimore, MD 21231- Fells Point
$2,400,000 USD
443-844-7262
1516 Lancaster St, Baltimore, MD for Sale
$2,400,000 USD
Apartments - FOR SALE
1/49
null | Request Cap Rate

1516 Lancaster St
Baltimore, MD 21231
Fells Point


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$158 USD /SF

# OF UNITS

9

PRICE/UNIT

$266,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,053 SF

ZONING

R-8

APN/PARCEL ID

1809-023

ASK ABOUT THIS PROPERTY

Ross WilkenGreen Door Properties, LLCMore Info
443-844-7262

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Ross WilkenGreen Door Properties, LLCMore Info
443-844-7262

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.