Back to Search
Fells Point Multifamily Investment Opportunity

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
Listed by JAMES T WEISKERGER
Source Corcoran
Added: Apr 21, 2025 Updated: Mar 16 at 9:08AM Checked: Jul 22 at 9:19AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NEXT STEP REALTY


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

Apartment buildings

Suggested Use

(Bike/Boat/Book/etc) Store Pet Store Butcher Daycare Center Pet Store & Service (Bike/Boat/Book/etc) Store Tanning Salon Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Clothing & Fashion Store

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

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.
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message