Fells Point Multifamily Investment
1516 Lancaster St Baltimore, MD 21231
1516 Lancaster St, Baltimore, MD, 21231
$2,400,000
For Sale
$2,400,000
Nine-unit multifamily property in Fells Point with parking and storage.
Days on Market458
Property Features for 1516 Lancaster St
General Information
- Standard status
- Active
Building Details
- Year Built
- 1920
Listing agency
NEXT STEP REALTY
(443) 928-3295
Listed by
JAMES T WEISKERGER
Source
Corcoran
Added: Apr 21, 2025 Updated: Mar 16 at 9:08AM Checked: Jul 22 at 9:19AM
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Investment Insights
Based on property information with market context.
Located in Fells Point, this multi-family property at 1516 Lancaster Street presents an investment opportunity. The building features nine units, each containing 1.5 or 2 bedrooms. The property includes nine dedicated parking spots and nine storage units, along with a detached garage. The property is positioned for rental income and long-term appreciation due to its proximity to the waterfront, restaurants, and nightlife.
Key Highlights
- Prime location in the heart of Fells Point, near the waterfront, restaurants, and nightlife.
- High ROI potential as a 9‑unit multi‑family property.
- Rare amenities including 9 dedicated parking spots, 9 storage units, and a detached garage.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Nine-unit multifamily property in Fells Point with parking and storage.
Where is this apartment building located?
The property is located at 1516 Lancaster St Baltimore, MD.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Prime location in the heart of Fells Point, near the waterfront, restaurants, and nightlife.; High ROI potential as a 9‑unit multi‑family property.; Rare amenities including 9 dedicated parking spots, 9 storage units, and a detached garage.