319-321 S CENTRAL Avenue, Baltimore, MD 21202
MULTI_FAMILY - BALTIMORE, MD
- Added:
- Mar 26, 2026
- Days on Market:
- 78
- Last Refresh:
- Jun 11 at 1:06 am
Property Features for 319-321 S CENTRAL Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Standard status
- Active
- Size
- 2,585 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7502
Utilities
- Heating system
- Heat Pump (Heating)
Building Details
- Year built
- 1920
- Number of units
- 1
- Building materials
- Combination
Listing agent Thomas B Maley License #656646 (410) 274-3326
Listing office Cummings & Co. Realtors 108 W Timonium Road unit: 100, Baltimore, MD (410) 823-0033
Listing date Mar 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.
HighLights
- Prime location next to historic Little Italy and Harbor East.
- Approved mixed‑use redevelopment plans available.
- Flexible zoning with numerous potential uses.
- High traffic count location.
- Ready for permits.
- Located across from the successful Canal Street Malt House redevelopment.
Overview
Local Financial Insights For Mixed Use
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 | $62.0k | $24.00 |
| − Vacancy | −$5.0k | −$1.92 |
| EGI | $57.1k | $22.08 |
| − OpEx | −$21.4k | −$8.28 |
| NOI | $35.7k | $13.80 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore
- State
- Maryland
- Longitude
- -76.59898
- Latitude
- 39.28685