$225,000

1849 E 29TH ST, Baltimore, MD 21218

  • 4,283 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $53/sqft
  • Property List Date Icon Listed 27 days ago

Property Description

Investor Special: Unlock the potential of this prime Baltimore property at 1849 E. 29th Street, in the heart of a thriving neighborhood near Lake Montebello, Clifton Park, Morgan State University, and Northwood Commons. This mixed-use building features two spacious residential apartments (3BR/1BA and 2BR/1BA) and three storefronts. The apartments are near completion but require final updates, while the storefronts are unfinished and ready for customization. This is an exceptional opportunity for investors or owner-operators to generate steady rental income or establish a business presence. Before closing, and in accordance with receivership terms, the buyer must submit a renovation plan. The plan should outline proposed improvements and include a scope of work prepared by a licensed Maryland contractor, with a breakdown of repairs or upgrades needed to meet Use and Occupancy requirements, along with an estimated project timeline and budget. Buyers must also provide documentation confirming financial capacity to complete the work. Acceptable proof includes a bank verification letter, a financial statement, or an account summary showing sufficient funds to complete the renovation as described.

Listing Status:
Active
Listing Office:
Samson Properties : 4435422251
Listing Agent:
Ronni D Cannady : 4433014972
MLS ID:
MDBA2186242
  • Basement: DaylightFull
  • A/C: Window Unit(s)
  • Heating: Forced AirOther
  • Disability Feature: Other
  • General: Above GradeBelow Grade
  • Style: Traditional
  • General: BrickBrick/Mortar
  • Originating MLS: BRIGHT_MAIN
  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • County: BALTIMORE CITY-MD
  • Zoning: 0R0600309183952 024A
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Ronni D Cannady, Samson Properties

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Abbottston Elementary School

1300 Gorsuch Ave, Baltimore, MD, 21218

Grades PK-5

0.57 miles away

T

The Reach! Partnership School

2555 Harford Rd, Baltimore, MD, 21218

Grades 8-12

0.51 miles away

B

Baltimore City College

3220 the Alameda Ste A, Baltimore, MD, 21218

Grades 9-12

0.45 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.