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    1505 N Payson St Baltimore, MD 21217

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    For Sale
    $49,900

    Boarded-up property with investment potential in revitalizing Baltimore area.

    Lot size:
    0.04 Acres

    Property Features for 1505 N Payson St

    General Information

    Lot size
    0.04 Acres

    Building Details

    Year built
    1920

    Source: Realty ONE Group Excellence Agent David B. Pridgen, Jr.

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Investment Opportunity on Payson Street

    Located at 1505 Payson St. in Baltimore, MD, this property is offered for sale as an investment opportunity. The property is positioned in an area with ongoing community revitalization and development projects. The listing suggests potential uses such as expanding a rental portfolio or converting the property to a residential treatment center, among other income-producing ventures. The property is sold strictly AS-IS.
    Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.6493805
    Latitude
    39.3054032

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    FAQs

    What type of property is this?
    Specialty property - Boarded-up property with investment potential in revitalizing Baltimore area.
    Where is this specialty property located?
    The property is located at 1505 N Payson St Baltimore, MD.
    What is the asking price?
    The asking price for this property is $49,900.
    What are key features of this property?
    This property features: - Low purchase price of $59,000.; - Investment opportunity with potential for high returns.; - Located in an area with ongoing community revitalization and development.
    (410) 701-0299
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    1505 N Payson St Baltimore, MD 21217
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    Baltimore, MD 21217
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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
    1505 N Payson St Baltimore, MD 21217
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