Cell: (443) 570-9919 | Office:(410) 583-0400
Barbara Reamer

700 Park Avenue, Baltimore, MD 21201

$4,300,000
  • 700 Park Avenue, Baltimore, MD 21201 Main Photo

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BEDS0 BATHS MLS#MDBA2230448
STATUSACTIVE PROPERTY TYPECommercial - SCHOOLBALTIMORE CITY PUBLIC SCHOOLS

Property Description

Rare opportunity to acquire a substantial multifamily investment property in the heart of historic Mount Vernon. 700 Park Avenue offers the compelling combination of strong in-place income, high occupancy, and significant value-add potential. Current rents remain well below their long-term potential, creating substantial upside through rent optimization, natural turnover, and strategic unit improvements while maintaining existing cash flow. Ideally positioned in one of Baltimore’s most established and architecturally significant neighborhoods, the property offers convenient access to Downtown Baltimore, major universities, hospitals, employment centers, cultural institutions, dining, and transportation. An exceptional opportunity to acquire meaningful scale in Mount Vernon with immediate income and considerable long-term rental and NOI growth potential. Offered as-is.

700 Park Avenue | MLS# MDBA2230448

This commercial property located at 700 Park Avenue, Baltimore, MD 21201 is currently listed for sale with an asking price of $4,300,000. Park Avenue is located within the BALTIMORE CITY PUBLIC SCHOOLS school district. Search Baltimore real estate on www.barbreamer.com today.

Property Features

Property Type: Commercial -
Cooling: Wall Unit
Fuel Type: Natural Gas
Heating: Radiator
Lot Size: 0.07 Acres
Taxes: $43,846
Year Built: 1905

Feature Descriptions

Accessibility: Elevator
Exterior: Stone, Brick
Location: Downtown
Lot Dimensions: 0.07 Acre(S)
Sewer: No Septic System
Total Garage/Parking Spaces: 0
Water: Public

Local Schools

School District: BALTIMORE CITY PUBLIC SCHOOLS

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty - Washington
Agency Phone: 2023876180

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