Search
Downtown Baltimore Luxury Apartment Building
For Sale
Contact for pricing

125 West Saratoga Street, Baltimore, MD 21201

Gut-renovated 19-unit apartment building near major employers.

Property Size23,937 SF
Price / SF$123.24
Days on Market97

Property Features for 125 West Saratoga Street

General Information

Standard status Active
Size 23,937 SF
Total Parking Spaces 8
Property subtype Multifamily
Zoning C-5-HT
Occupancy 95%

Building Details

Year Built 1873
Year Renovated 2015
Buildings 1
Stories 3
Units 8
Listing Agency: Harbor Stone Advisors
Listed By: Kevin Landolphi · License #5019982
Source: Crexi
Added: May 18 Changed: Aug 13 Last Checked: Aug 21 at 10:30PM

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 Harbor Stone Advisors

Investment Insights

Based on property information with market context.

Saratoga Lofts is a gut-renovated luxury apartment building located in Downtown Baltimore City. The property features 19 spacious apartments, with a mix of 5 one-bedroom and 14 two-bedroom units. Most units feature bi-level layouts and include private balconies. Originally converted from a church in 2015 with a condo-grade design, the property has undergone a comprehensive renovation. Typical unit finishes include stainless steel appliances, granite countertops, wood cabinetry, hardwood/tile/carpet flooring, and in-unit washer/dryers. Residents also benefit from amenities including a fitness room with a sauna, a storage room, and a gated surface parking lot with 8 spaces. The property is conveniently situated within a 10-minute walk of three major local employers: Mercy Medical Center, University of Maryland Medical Center (UMMC), and UMMC Midtown Campus. The building has a total size of 23,937 square feet. There is potential to expand the existing water reimbursement program; currently, only a few units participate, allowing for its implementation across all units upon renewal and/or new lease.

Key Highlights

  • Gut‑renovated luxury apartments in Downtown Baltimore City.
  • Walking distance to three major employers: Mercy Medical Center, University of Maryland Medical Center (UMMC), and UMMC Midtown Campus.
  • Features a mix of (5) one‑bedroom and (14) two‑bedroom units, most with bi‑level layouts and private balconies.

Property Analytics

Current Use

DJ Sharon White ... Recording Studio Saratoga Lofts Apartment Building

Suggested Use

Top Pick Veterinary Clinic Pet Store Pet Store & Service (Bike/Boat/Book/etc) Store Buffet Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

11,959
Businesses Nearby

Demographics for 21201, MD

18,382
Population
11,468
Households
1.6
Avg Household Size
34
Median Age
47%
College-Educated
90%
High-School Grad
1.3 sq mi
ZIP Area
14,140
Density / Sq Mi
$44,722
Median Household Income
$44,239
Median Earnings
$1,282
Median Rent
$221,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Gut-renovated 19-unit apartment building near major employers.
Where is this apartment building located?
The property is located at 125 West Saratoga Street Baltimore, MD.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Gut‑renovated luxury apartments in Downtown Baltimore City.; Walking distance to three major employers: Mercy Medical Center, University of Maryland Medical Center (UMMC), and UMMC Midtown Campus.; Features a mix of (5) one‑bedroom and (14) two‑bedroom units, most with bi‑level layouts and private balconies.
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