2527 Monument St Baltimore, MD 21205
- Mixed-use properties
Current Use by Public Records
- Mixed-use properties
Property Details for 2527 Monument St
- Year built
- 1880
- Property type
- Mixed-use properties
Description
This exceptional investment opportunity presents two adjacent, vacant, two-story mixed-use townhouses situated at 2527 E Monument Street in Baltimore, Maryland's McElderry Park neighborhood. Offered as a package, these properties are being sold together and present a compelling chance for redevelopment or rental income generation. The combined properties offer significant potential, given their location near key attractions and transportation routes. The properties are conveniently located near Patterson Park, Johns Hopkins Hospital, and the vibrant commercial districts of Canton and Fells Point, providing easy access to amenities and a strong potential tenant pool. The location also benefits from convenient access to Orleans Street, a major traffic artery, ensuring excellent accessibility. Currently vacant, these buildings provide a blank canvas for a savvy investor to realize their vision. The properties are being sold via online auction, commencing February 11th, 2025, at 10:00 AM and concluding February 13th, 2025, at 11:00 AM. The listed price of $62,500 serves as the suggested opening bid. A substantial deposit of $25,000 is required. This is a rare chance to acquire a pair of mixed-use properties in a rapidly developing area of Baltimore City. Don't miss this opportunity to capitalize on the potential of this prime location. Act quickly, as this auction is time-sensitive.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore City
- State
- Maryland
- Longitude
- -76.58134
- Latitude
- 39.29871
