212 W SARATOGA Street Baltimore, MD 21201
MULTI_FAMILY - Federal - BALTIMORE, MD
- Added:
- Jun 26, 2026
- Days on Market:
- 16
- Last Refresh:
- Jul 11 at 2:06 pm
Property Features for 212 W SARATOGA Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 1,956 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2367
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1920
- Number of units
- 1
- Building materials
- Brick
- Architectural style
- Federal
Listing agent Christopher J Cooke License #596183 (443) 802-2728
Listing office Berkshire Hathaway HomeServices Homesale Realty 3500 Boston Street unit: Suite C, Lancaster, MD (410) 814-2400
Listing date Jun 26, 2026
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is located in Baltimore, MD at 212 W Saratoga Street. In addition to the building itself, a separate parking lot is available for sale at 311 Tyson St, offering five off-street parking spaces.
For tenants, the main-level retail configuration supports a variety of storefront operations while keeping residential units above. For buyers or operators, the separate metering and split residential layout provide flexibility for managing commercial and residential income under one roof. The optional nearby off-street parking lot may also support tenants and customers depending on their needs.
Key Highlights
- Three‑level mixed‑use building with a brick exterior and Federal architectural style (built in 1920)
- Main level includes a retail storefront with a large open sales area, half bath, and two separate storage rooms
- Upper two levels each feature a private 1‑bedroom, 1‑bath apartment
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.4k | $22.20 |
| − Vacancy | −$2.4k | −$1.22 |
| EGI | $41.0k | $20.98 |
| − OpEx | −$12.3k | −$6.29 |
| NOI | $28.7k | $14.69 |
