315 N Charles St - Office/Residential FOR SALE


Baltimore, MD 21201- Historic Baltimore
$600,000 USD
410-376-8699
315 N Charles St, Baltimore, MD for Sale
$600,000 USD
Office/Residential - FOR SALE
1/19
null | Request Cap Rate

315 N Charles St
Baltimore, MD 21201
Historic Baltimore


OVERVIEW

315 N Charles St presents a compelling multifamily investment opportunity in the heart of Baltimore, offering a well-located asset with long-term upside supported by strong surrounding demand. Zoned C-5-HT, the property benefits from flexible urban zoning in a high-visibility, centrally positioned corridor—ideal for an investor seeking stability, optionality, and future value growth. The building consists of 4 commercial units and has undergone meaningful improvements through renovations completed in 2018 and 2020, providing a buyer with updated interiors and reduced near-term capital needs. In addition, the owner previously utilized the property, reflecting hands-on oversight and continued attention to the asset over time. The property may also offer additional upside through historical state and federal rehab credits up to 40% (20% state plus 20% federal), creating a potential value-enhancement opportunity for a buyer pursuing qualifying improvements. Overall, 315 N Charles St stands out as a renovated, centrally located 4-unit asset with strong market appeal, making it a strong acquisition for investors seeking a stabilized Baltimore multifamily property with future potential.

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$73 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

C

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,091 SF

ZONING

C-5HT

APN/PARCEL ID

0603-010

ASK ABOUT THIS PROPERTY

Yaakov KanevskyMidfield RealtyMore Info
410-376-8699

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Yaakov KanevskyMidfield RealtyMore Info
410-376-8699

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