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    219 Howard St Baltimore, MD 21201

    For Sale
    $399,900

    High-yield, renovated income property.

    Property size:
    3,528 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This completely renovated mixed-use property at 219 N Howard Street in Baltimore, MD, presents a compelling investment opportunity. The 3,528 square foot building sits on a 0.02-acre lot in the heart of Baltimore's vibrant commercial district. The property boasts four levels, including a basement used for storage by the first-floor retail tenant. The first floor, encompassing retail space and the basement, generates a monthly rental income of $1,320. The second and third floors each feature two bedrooms, a bathroom, and a kitchen, currently occupied by tenants. The second floor has four tenants, each paying $500 per month, generating $2,000 in monthly rental income. Similarly, the third floor also has four tenants, each paying $500 per month, resulting in another $2,000 in monthly rental income. This translates to a total monthly rental income of $5,320. The property is currently fully occupied, providing immediate cash flow for the new owner. This is an exceptional opportunity to acquire a profitable, established income-producing property in a prime Baltimore location. The building's strong tenant occupancy and central location make it an attractive investment for those seeking immediate returns and long-term growth potential. The property is offered at $399,900.

    Property Features for 219 Howard St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    3,528 SF
    Lot Size
    871 SF

    Building Details

    Year Built
    1920
    Insight Report Location Intelligence

    Current Use by Public Records

    Wig Center Women'S Clothing Store AHMED MINIMART AND VARIETY Flavours Fragrances And Aroma Supplier

    Suggested Use

    Realty agency Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore City
    State
    Maryland
    Longitude
    -76.61935
    Latitude
    39.29233

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    FAQs

    What type of property is this?
    Mixed-use property - High-yield, renovated income property.
    Where is this mixed-use property located?
    The property is located at 219 Howard St Baltimore, MD.
    What is the asking price?
    The asking price for this property is $399,900.
    (410) 823-0033
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    219 Howard St Baltimore, MD 21201
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    Baltimore, MD 21201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    219 Howard St Baltimore, MD 21201
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