Sarah Martinez
This listing was posted on RealtyWW.
$625,000
Home For Sale In Baltimore, Maryland
Price:
$625,000
Location:
27 S Gay St, Baltimore, MD
Description:
Buyer defaulted due to financing 5/17 1.5 blocks from the National Aquarium and close to the bustling Inner Harbour. The property has drawings, permit set ready to go! Estimates can be sent (600k estimate and 6 month construction in writing done). Water flow test already done. The property has a tax credit over the course of 10 years already approved, locking in a $300k value of property tax. There is a great tenant lined up at 17k a month starting the day construction is complete almost triple net. Tenant pays all expenses except the low taxes. Insane high % cap rate and much of the legwork completed for a lucky investor. The building has been newly renovated (completed in 2006), now vacant and gutted ready to be built with your already approved drawings. Features over 9'6 ceiling height with clear span area on each floor, front and rear staircases, new roof 2005 along with roofing. Cross-posted MLS# MDBA2097820For more details: https://realtyww.info/homes_baltimore-d523311/for-sale_i71951860
Property Type:
Single-Family Houses
Posted:
May 18 on RealtyWW
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More About this Listing: Home For Sale In Baltimore, Maryland
Home For Sale In Baltimore, Maryland is a Single-Family Homes for Sale at 27 S Gay St in Baltimore MD. Find other listings like Home For Sale In Baltimore, Maryland and listings near 27 S Gay St by searching Oodle Classifieds for Single-Family Homes for Sale in Baltimore MD.
Home For Sale In Baltimore, Maryland is a Single-Family Homes for Sale at 27 S Gay St in Baltimore MD. Find other listings like Home For Sale In Baltimore, Maryland and listings near 27 S Gay St by searching Oodle Classifieds for Single-Family Homes for Sale in Baltimore MD.